Skip navigation

Gloucestershire Business News

Courts takes profits of sale from former businessman who tried to flee to Brazil

When he came to sell his flat at a profit - ten years after a conviction for growing cannabis - Cheltenham man Scott Peters was in for a rude awakening.

Back on January 29, 2009, a police search of his business premises in St James Street - a T-shirt printing business - found 70 cannabis plants with an estimated street value at the time of £24,000.

Another 84 plants were found - some in the bath and some in the loft - at his home and it was enough to see him receive a jail sentence.

These had an additional estimated street value of £26,000.

A Proceeds of Crime Act at the time was unable to make good on a total confiscation order of £183,000 because Peter's property was in negative equity.

Ten years later it is a different story.

Upon the recent sale of his flat in Pittville Lawn, Cheltenham, the 54-year-old was hauled back before Gloucester Crown Court and ordered him to hand over £46,500 of the sale proceeds to the State.

Peters was jailed for nearly two years in August 2009 after he admitted producing 160 cannabis plants at two addresses in Cheltenham.

When his home was searched officers also found he had booked an air ticket to Brazil.

Related Articles

ANALYSIS: Potholes or road blocks: is the EV in trouble? Image

ANALYSIS: Potholes or road blocks: is the EV in trouble?

Many want to see the back of electric cars.

Officers arrest three males and uncover cannabis farm in Cheltenham Image

Officers arrest three males and uncover cannabis farm in Cheltenham

Police were there within minutes after a reported break-in.

Boeing announces distribution agreement with Ontic Image

Boeing announces distribution agreement with Ontic

Boeing will now distribute about 1,000 additional actuation and propulsion system products to Ontic.

Solar farm plans on the agenda Image

Solar farm plans on the agenda

Plans for a solar farm in Twigworth will be discussed by Tewkesbury Borough Council’s Planning Committee next week.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.