A woman's collection of designer handbags, shoes and clothes auctioned off in Norfolk yesterday after they were seized by police raised over £60,000.
Kankamol Albon was convicted in October 2012 of a 'Ponzi' type fraud.
Detective Constable Ady Finbow from the Norfolk and Suffolk Economic Crime Unit said: “We were very pleased with how the auction went. Buyers came from far and wide, including dealers from London. "
The amount raised from the day is still being totalled but we are looking at in excess of £63,000, which will be claimed back under the Proceeds of Crime Act.”
The auction which was held at Swardeston Village Hall, Norfolk, saw 252 lots being sold, including designer handbags, shoes and clothes.
The most expensive Chanel handbag sold for £1325, other Chanel handbags sold for between £700 and £1050. Mulberry handbags sold for between £400 - £800.Officers from the Economic Crime Unit will continue to pursue money from Kankamol Albon’s estate under the Proceeds of Crime Act
She enjoyed a luxury lifestyle - funded by conning businessmen into buying expensive cars that were never delivered.
Last year 41-year-old Minky Albon, who lived at Smallbridge Hall in Suffolk was jailed for six years for fraud. Today, her personal possessions were auctioned off to help compensate some of her victims.
A woman's collection of designer handbags, shoes and clothes are being auctioned off today after they were seized by police.
Kankamol Albon was convicted in October 2012 of a 'Ponzi' type fraud involving the sale of prestige cars from her home at Smallbridge Hall in Suffolk where losses exceeded £9.2million. She was sentenced to six years imprisonment.
Following her conviction Albon became the subject of an order under the Proceeds of Crime Act 2002 made by HHJ Overbury at Ipswich Crown Court in July 2013. During the hearing she was ordered to hand over the contents of her bank accounts and a BMW car.
Police are now looking to sell the large and rare collection of designer items from manufacturers such as Chanel and Christian Dior that represent Albon's personal assets that were seized during the course of the initial investigation.
The auction, which is being held at 6pm at Swardston Village Hall, Norfolk tonight, includes many 'vintage' items which have attracted the attention of many London based fashion businesses.
It is hoped that the auction of nearly 200 handbags and items of clothing will raise around£200,000.
DC Ady Finbow from Suffolk Police Economic Crime Unit, who led the investigation, said:
"This case underlines the lengths that we will go to ensure that those people that seek to enjoy a lifestyle funded by crime will not be tolerated, and as in this case we will do all that we can to strip them of the very things that motivated them to engage in crime in the first instance."