A 1993 Mercedes E320 Cabriolet connected to fraudster Michael Swann was recovered this week. Photo by Peter McIntosh.
A tip-off led police to recover another vehicle connected to
fraudster Michael Swann.
Police confirmed a Mercedes car was recovered from a public
place in St Leonards, Dunedin, on Thursday.
Detective Senior Sergeant John Ferguson said police recovered
the car after ''chasing down'' a tip-off about a different
vehicle linked to Mr Swann.
''While working to establish the whereabouts of this vehicle,
we received separate and unrelated information that led us to
locate the Mercedes.''
That Mercedes - a 1993 E320 Cabriolet - was one of dozens of
listed assets subject to confiscation orders of the court.
Those documents reveal Mr Swann paid $53,000 for the vehicle
- later forfeited to the Crown by the court despite its
location being unknown.
Det Snr Sgt Ferguson was not in a position to comment
further, but reiterated police would be proactive in
following up new information in relation to Mr Swann's
Mr Swann demonstrated a penchant for luxury items, with the
Mercedes the latest in a string of vehicles seized by police
since he was sentenced in March 2009.
Yesterday, the Otago Daily Times reported a 1922 Rolls
Royce Silver Ghost - bought by Mr Swann for $160,000 in 2004
- was up for auction with a sale price estimate of between
$60,000 and $80,000.
Earlier this year, a 1974 V12 E-Type Jaguar - also connected
to Mr Swann - was recovered from a street in Christchurch.
Mr Swann, who lives and works in Christchurch as part of his
release conditions, could not be reached for comment
He remains subject to a $6 million pecuniary order, which
effectively means any property recovered up to that amount
could be used to satisfy the order made under the Proceeds of
• Anyone with information about any outstanding assets linked
to Michael Swann was urged to contact Dunedin police on
471-4800, or anonymously via Crimestoppers on 0800 555 111.