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Fugitive Millionaire’s Illegal Metal Trade Sparks International Manhunt

Fugitive businessman, Edvars Stancik, formerly based in Spalding, Lincolnshire, is on the loose after obtaining £4.3 million unlawfully through the trade of catalytic converters. Stancik, previously the director of Platinum Group Metals Recycling Limited, absconded to Lithuania after his Lincoln Crown Court conviction in absentia. He continues to dodge a standing arrest warrant while extradition procedures are yet to begin.

The Environment Agency is in the process of retrieving expenses from Stancik’s seized assets. This follows a court decision on Friday that nearly £500,000 of company assets and £30,934 earned from a property sale need to be impounded. Stancik’s operations, carried out between 2019 and 2021, encompassed the unauthorised trade and storage of hazardous catalytic converters, creating substantial health hazards.

The businessman, now threatened with the prospect of serving jail time, was convicted of multiple environmental offences. These crimes bring attention to an intricate criminal operation.

This article follows on from the original coverage provided by www.bbc.com, as adapted by The Lincoln Post.

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