Rolex-clad supplier bragged of ‘£135k wrist’ and posed with wads of money

A drug dealer who made £1.2m selling cocaine and heroin gloated about his luxury watches and designer clobber on social media.

Luke Waters, 28, posted a snap of four high-end watches including a Rolex on Snapchat with the caption “£135k type of wrist” and dubbed them his “street trophies”.

He also posed for pictures on Facebook holding wads of cash.

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But now smug Waters, who was locked up for 10 years for drug dealing, has been ordered by a court to hand over nearly £200,000 of his ill-gotten gains to police – meaning he may have to sell them to comply with the order.

Waters was busted after his ‘secret phone messages’ to other dealers were cracked by detectives.

Police found messages from Waters confirming a delivery of cocaine had “landed” in the UK and his offers to sell it to other dealers for around £40,000 a kilo.

Cambridgeshire Police said Waters lived a lavish lifestyle on the drug money, splashing the cash on designer clothing and Rolex watches worth tens of thousands of pounds each.

Detectives also uncovered images on his mobile phone of what appeared to be Waters throwing a phone into the sea, with the caption “bye Encro”, after EncroChat had been decrypted by police.

Waters, previously of Salix Road, Hampton Hargate, was charged in December 2021 with supplying cocaine and heroin and acquiring criminal property.

He pleaded guilty and was jailed for 10 years and two months in July 2022.

Now a judge at Cambridge Crown Court has ordered Waters under the Proceeds of Crime Act to hand over £176,669.60 within three months or face a further three years in prison.

Police have already seized £48,000 and Waters is said to have assets totalling just over £225,000.

If he can’t cough up the cash Waters will have to sell his “street trophies” to pay the order.

Detective Constable Andy MacDonald said: “This investigation began in spring 2020 which saw data uncovered following the seizure of servers linked to the EncroChat platform – a encryption tool used exclusively by criminals to communicate with each other.

“We obtained an abundance of evidence proving Waters generated significant amounts of money through the sale of drugs, as well as purchasing high-value items including designer clothing and Rolex watches worth tens of thousands of pounds each.

“Waters’ criminal business benefitted him to the tune of £1.2million – while he has only been ordered to pay the remaining ‘hidden’ assets of £176k, the full benefit figure will remain with him for life, meaning he will be liable to having any future assets confiscated if suitable.

“Half of the money will go to the government, the remainder is then split equally between the Crown Prosecution Service, His Majesty’s Court Service and police.”