Thousands of cash recovered and designer clothes, luxury watches and cars seized during crackdown
Thousands of pounds in cash were recovered and designer clothes, luxury watches and cars were seized in a police crackdown in Greater Manchester.
Eight arrest warrants were executed in the region last week as part of a “week of action” to fight financial crime and cybercrime.
Four people were arrested after the raids in Trafford, Gorton, Manchester and Droylsden.
An 18-year-old man has been questioned on bail for violations of the fraud and computer misuse law and is still under investigation, police said.
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A 38-year-old woman has been arrested on suspicion of fraud and money laundering.
She was released under investigation.
A 35-year-old man has been arrested under the Computer Misuse Act on suspicion of breaches of disclosure of private sexual images.
He was released under investigation.
A 38-year-old man was questioned on bail for fraud and released under investigation.
Last Wednesday (October 13), officers from GMP’s economic and cybercrime section seized three cars and £ 30,000 in raids.
Throughout the week, officers held more than £ 60,000 in cash in court and around £ 25,000 of listed assets, including luxury watches.
Almost £ 40,000 in previously seized cash has been confiscated in hearings throughout the week.
Agents on the Account Freeze Orders team also lost over £ 77,000 which was frozen on suspicion of criminal funds.
The two amounts will now go to the Ministry of the Interior.
Half will be returned to GMP to be invested in the fight against organized economic crime and community projects, the force said.
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Chief Detective Inspector Joe Harrop, Economic Crime and Cybercrime Section, said: “This is a fantastic result, with a significant amount of money recovered.
“Our team uses a variety of options available to us under the proceeds of crime law, including powers of seizure of cash, powers of listed assets (such as the seizure of jewelry, watches and valuable works of art) and orders to freeze bank accounts.
“We have been preparing for this week of action for a month and a lot of work has gone into its success. I take this opportunity to thank everyone involved, including our colleagues from Serious and Organized Crime. .
“Taking money and property out to criminals has a substantial impact on crime, hitting them where it hurts.
“I hope this serves as a reminder that while the fight against fraud and economic crime is a relentless task, we will continue to work to bring those involved in criminal behavior to justice and to ensure that crime does not pay.”
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