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£17,600 worth of ill-gotten cash collected by SIA to go to youth enterprises

The Security Industry Authority (SIA) announced the award of its 2022 to 2023 grant for good causes.

The beneficiaries for the grants are Young Enterprise and 1000 Black Boys.

The two enterprises have different roles but both are designed to improve the lives of children and young people.

The SIA’s grant for good causes is funded from ill-gotten cash (proceeds of crime) confiscated from individuals convicted of criminal offences within the private security industry.

Pete Easterbrook, Head of Criminal Enforcement and Chair of the SIA grants panel said:

“Put simply if people commit an offence(s) in the private security industry; the SIA will find them, prosecute them and where significant financial benefit has been reached by the offender, will use its financial investigation powers to pursue them for reparations under the Proceeds of Crime Act 2002 (POCA).

“In the 2022 to 2023 financial year, we were awarded £17,599.16 confiscated from people who committed crimes in the private security industry.”

He added: “The grant for good causes demonstrates that crime really doesn’t pay. We are investing the money into two worthy causes who are committed to supporting young people.”

The SIA’s grant for good causes’ panel granted Young Enterprise a total of £7,599.16 for its Learn to Earn programme being rolled out in Manchester, Greater Manchester and West Midlands.

It’s the second consecutive year that the SIA has supported this charity.

The other enterprise to receive SIA’s grant was 1000 Black Boys CIC with a total of £10,000 to fully fund the enterprise as the fund will positively impact the lives and provide opportunities and role models to teenagers who are most likely to be victims of knife crime or youth violence in London.

(Source: SIA)

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