MURDERED businessman David Guilfoyle's assets have been seized by investigators probing whether they were accumulated through the proceeds of crime.
Mr Guilfoyle, 37, owned 12 properties across Hyndburn and a convertible sports car, and had put deposits on properties abroad when he was murdered by Shane Fitzpatrick, 36, of Lyndale Road, Hapton.
Fitzpatrick was convicted of murder at Preston Crown Court last week and sentenced to life in jail.
During the trial the jury had been told that Mr Guilfoyle, of Royds Avenue, Accrington, made a living from selling contraband cigarettes, counterfeit clothing and pirate DVDs.
Now the Government's Asset Recovery Agency will look into whether his estate, worth up to £1M, was paid for through the proceeds of crime and an independent investigator will look into his affairs, under the new Proceeds of Crime Act.
If the investigation finds criminal cash was used to fund properties, a High Court judge could order the estate to be confiscated and the money used for crime prevention.
Assets acquired through legitimate means would be released back to the estate.
Mr Guilfoyle's closest relative is his daughter Sammy, 16.