Phil Cleary: my smart solution to property theft

Ex-copper Phil Cleary was frustrated by the police's 'one man and his dog' approach to recovering stolen property. So he invented his own tracking system, and now his company is worth £35m.

Crime doesn't pay. But solving it can. At least that's what ex-copper Phil Cleary, 56, is out to prove.

He's developed a unique property marking system called SmartWater, which allows the police to identify who stolen goods really belong to. And it's already proving to be an effective deterrent against crime. Citing research from the University of Cambridge, the Telford-based businessman says that 74% of criminals would think again if they saw a SmartWater sticker on the premises. "If you increase traceability, you enhance accountability and that creates a deterrent."

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Jody Clarke

Jody studied at the University of Limerick and was a senior writer for MoneyWeek. Jody is experienced in interviewing, for example digging into the lives of an ex-M15 agent and quirky business owners who have made millions. Jody’s other areas of expertise include advice on funds, stocks and house prices.