Police are setting up a panel which will decide which projects to help fund.

“Throughout the coming months we intend to show our communities how these funds can make a difference and support our communities in taking a stand against those perpetrating abuse and putting those funds at the heart of victim support,” the spokesperson said.

After the court hearing last year, Devon and Cornwall Police said the brothers channelled money through “front accounts” 2014 and 2022, which constituted criminal activity and rendered those earnings proceeds of crime.

Following the ruling, Andrew Tate said he had been the victim of “the matrix” and “outright theft”.

“It’s a coordinated attack on anyone who dares to challenge the system,” he added.