Pay £27m or serve more time, raid plotters told

The four ringleaders of the Hatton Garden raid must pay £27.5m or serve another seven years in jail each, a judge has ruled.

John ‘Kenny’ Collins, 77, Daniel Jones, 63, and Terry Perkins, 69, are each serving seven-year sentences, while Brian Reader, 78, is serving six years and three months, for their roles in the notorious burglary.

At Woolwich Crown Court today, Judge Christopher Kinch said the men jointly benefited from an estimated £13.69m worth of cash, gold and gems stolen from the Hatton Garden Safe Deposit.

He ruled they must pay £27.5m based on their available assets.

Reader was jailed for six years and three months after admitting conspiracy to burgle

Image: Reader was jailed for six years and three months after admitting conspiracy to burgle

If they fail to pay their share of the total sum, they will have seven years added to their jail sentences.

It means some of the gang members, who are unwell, could die behind bars.

Speaking at the confiscation hearing, the judge said: “A number of these defendants are not only of a certain age, but have in some cases serious health problems.

“But as a matter of principle and policy it is very difficult to endorse any approach that there is a particular treatment for someone who chooses to go out and commit offences at the advanced stage of their lives that some of these defendants were.”

Daniel Jones

Image: Daniel Jones will have to pay £6,649,827 or face another seven years in prison

Collins’ share is £7,686,039, which was ordered after the court heard he has assets in “liquid form” and property both in the UK and abroad.

Perkins must pay £6,526,571. His barrister told the court he would have to sell his flat in Portugal, but will serve the default sentence as he had “no prospect of any further funds”.

Perkins, from Enfield, has been diagnosed with severe heart failure.

Jones, also from Enfield, must pay £6, 649,827. He too will serve the default time, as he only has cash in his bank and no further assets.

Reader, who did not appear in court, was ordered to pay £6,644,951, which will include the sale of his £639,800 home and land he owns, worth £533,000.

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His lawyer said the sentence does not have to be long for it to mean “in reality, he will serve the rest of his life in custody”.

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