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Prosecutors Target £137,577 in Assets From Teesside Trafficker Craig Costello

Court filings detail cash holdings, bank deposits and Ethereum Classic traced to drug profits.

Overview

  • A proceeds of crime case lists £137,577 available for confiscation after the sale of Costello’s five‑bed home and the liquidation of vehicles and quad bikes.
  • Investigators flagged two deposits into Costello’s account — £16,815 and £3,175 — as consistent with drug proceeds, according to court documents.
  • Financial tracing identified £4,012.21 of Ethereum Classic in Costello’s name that prosecutors say stems from cocaine sales.
  • Equity of £107,722.80 from the Marton property is subject to a dispute involving Costello’s former partner, and the CPS has paused their divorce until finances are settled.
  • A confiscation order is due next year; Costello was convicted in 2021 for running a Teesside cell under Jon Moorby and Merseyside figure Lance Kennedy, fled before verdict, and was extradited in 2022 after an arrest in Amsterdam.