Colin Coates, 47, was jailed for killing 27-year-old Lynda Spence, who is described by various media as a financial adviser, in April 2011 in Ayrshire, Scotland.
At the 2013 trial, Coates was also convicted of extortion.
Following this, crown prosecutors took proceedings under criminal legislation so it could seize money from Coates in the event of him acquiring assets once released from custody.
At a High Court hearing in October 2017, crown accountant Jill Yahi said she had studied Coates’s finances between 2006 to 2012 and concluded he made £119,967 from illegal activity during this period.
Coates maintained at the hearing that he has no money left.
Nominal fee
On 15 November, judge Thomas released his ruling ordering Coates to pay a nominal fee of 100 pence to the sheriff clerk’s office in Airdrie, Lanarkshire.
However, the judge said prosecutors could seize more money from Coates in the future should they discover he has more assets.
Coates is currently serving a minimum sentence of 33 years for Spence’s murder.
According to court documents, Spence was in debt at the time of her death and was being investigate by police in relation to fraudulent activity.
