Over A Million In Seized Cash & Assets Disappear From Police Custody - The Reykjavik Grapevine

Over A Million In Seized Cash & Assets Disappear From Police Custody

Published January 10, 2018

Photos by
Hlynz/Wikimedia Commons

Cash and other assets totaling about 1 million ISK that were seized in a raid on a “champagne club” have disappeared from police custody. Police said the disappearance was the result of poor work practices, but investigations have ended without any suspects.

When the “champagne club” Strawberries was subjected to a police raid in 2013, under suspicion of engaging in sex work, many assets were seized. This included cash, jewelry and watches totaling about 1 million ISK. Only police officers had access to these assets.

Vísir now reports that all of these items and cash have disappeared. Investigations were conducted both within the police and the prosecutor’s office without any results. No suspects were arrested.

Police concluded that work practices for possession of seized assets were not followed well, making it impossible to trace where these valuables went to or at what point they disappeared from custody.

Amazingly, the police believe that nothing indicates that these assets were stolen, although they could not confirm what led to their disappearance. As investigations have concluded, it is unlikely that the assets in question will ever be found.

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