Husband and wife used undeclared cash to fuel Leicestershire property empireProperties were put in the names of family members to evade taxView Image Mr Cudbill failed to declare any income from his properties (Image: Getty Images)A husband and wife must hand over more than £300,000 after an operation found that they had been using 'unexplained funds' to finance a Leicestershire property empire. ‌Simon Cudbill, of Anstey, alongside his wife Joanne began purchasing and renovating properties across Leicestershire following his release from prison in 2010 after he was convicted two years earlier for money laundering. ‌An operation by the Crown Prosecution Service (CPS) uncovered that the Cudbills used undeclared and unlawfully obtained income as well as ongoing unexplained cash to fund a long-running property acquisition, renovation, and resale operation which ran from 2009 to 2023. ‌Their Leicestershire property redevelopments generated large profits whilst the Cudbills failed to declare any income, rental earnings, or paying capital gains tax. "These powers allowed us to ensure that they could not continue to benefit from their ill-gotten gains."