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CPS Seeks Confiscation of £137,577 From Teesside Cocaine Gang Member Craig Costello

Prosecutors plan to recover assets judged to be drug proceeds with a confiscation order expected next year.

Overview

  • The total targeted by the Crown Prosecution Service includes £4,012.21 in Ethereum Classic traced to Costello, according to court documents.
  • Equity of £107,722.80 was identified from the sale of his five-bedroom Marton home, with the mortgage and a Homes England debt settled from proceeds.
  • Vehicles and quad bikes were seized and liquidated, and prosecutors highlighted bank deposits of £16,815 and £3,175 as consistent with trafficking revenue.
  • Divorce proceedings with Victoria Costello are paused pending financial resolution, with her claiming a contribution to the property’s original deposit.
  • Costello was convicted in 2021, extradited in 2022 to serve a nine-year, seven-month term, and is currently on electronic tag following an August release.