In a striking development, police have seized £180,000 that Andrew Tate had used as a deposit for a luxury Aston Martin supercar.
The controversial social media personality had put the money down for a special edition Valhalla in July 2021, a model famously featured in the James Bond film No Time To Die.
But authorities say the cash came from illegal sources.
Deposit Linked to Criminal Funds
Devon and Cornwall Police confirmed the six-figure deposit originated from tax evasion and money laundering.
The deposit can now be added to nearly £3 million in criminal funds that were seized from Tate and his brother Tristan in 2024.
Police acted swiftly this week, obtaining account freezing and forfeiture orders through Westminster Magistrates’ Court, which the Tates did not contest.
Distribution of Seized Funds
Half of the seized money will be allocated to local good causes, while the Treasury will receive the remaining half.
Detective Superintendent Jon Bancroft explained that the deposit had originally come from a cryptocurrency account, on which no tax or VAT had ever been paid.
“This latest judgment follows on from our applications made against the Tate brothers which resulted in a successful ruling in December 2024 and the forfeiture of nearly £2.7 million of criminal funds,” Bancroft said.
Funds to Benefit the Community
Authorities stressed that the money would be reinvested to help prevent crime, support victims and vulnerable people, and boost other good causes in Devon and Cornwall.
This marks another chapter in the ongoing crackdown on the self-styled influencer and his financial dealings.