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  1. ITV Report

£1m property portfolio seized from Merseyside family

National Crime Agency argued the empire had been bought with 'dirty money'. Photo: PA

A suspected drug dealer has agreed to hand over his property empire after the National Crime Agency successfully argued

The properties in Liverpool, worth a total of £745,000, were recovered from Gerrard “Ged” Morgan, aged 44, his wife Michelle Morgan, aged 45, and their son Gerrard Morgan junior, aged 23.

The family must also hand over the £310,318 net proceeds from the sale of another property.

NCA officers believe Morgan funded purchase of the homes through drug trafficking, mortgage fraud and tax evasion and that his wife and son were complicit in money laundering, mortgage fraud and tax evasion.

In response to the NCA’s civil recovery investigation, the Morgan family agreed to hand over:

  • • A property in Trispen Road Croxteth
  • • A property in Clanfield Road, Croxteth
  • • A property in Freme Close, Croxteth
  • • A property in Beversbrook Road, Croxteth
  • • A property in Swinbrook Green, Croxteth
  • • A property in Hursley Road, Walton
  • • A property in Uldale Close, Croxteth
  • • A property in Stalisfield Place, Croxteth
  • • A property in Lower House Lane, Croxteth
  • • A property in Ampulla Road, Croxteth
  • • A property in Guilsted Road, Croxteth
  • • Two properties in Sandway Crescent, Croxteth
  • • The £310,318 net proceeds of sale of a property in Simonswood

Stephanie Jeavons, deputy director of the NCA’s Economic Crime Command, said:

The National Crime Agency uses its extensive civil recovery and tax powers where a criminal conviction has not been possible.

Nobody should be able to benefit from owning property which has been bought with criminal cash.

– Stephanie Jeavons

The NCA investigation was assisted by Merseyside Police’s Economic Crime Team.

Detective Chief Superintendent Paul Richardson of Merseyside Police said:

Merseyside Police are relentless in their pursuit of serious and organised criminality and keen to show that neither the people, nor the money or assets they make through criminality, are untouchable.

This is a great example of where working together can achieve significant results and send the right message to the criminals and to the communities in which they operate.

– Detective Chief Superintendent Paul Richardson