An ex-soldier who was running a cocaine-dealing operation in Swansea now has no cash or assets left apart from his Armani watch, a court has heard. When police raided the house where Jake Dear was staying with a former comrade in October last year they found a stash of high-purity cocaine worth £31,000 along with a 9mm bullet and a designer watch. Dear was subsequently sentenced to four and a half years in prison for his drug-dealing activities and when the case came back to court for a proceeds of crime hearing the court heard investigators had been unable to find any assets owned by the defendant save for his timepiece which is valued at £500.
Swansea Crown Court heard the watch is now going to be sold and a judge ordered the proceeds of the sale be confiscated.
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