Man arrested in raids tackling money laundering in Greater Manchester
A 52-year-old man was arrested in Cheetham Hill, Greater Manchester, as part of a money laundering investigation. Police seized £15,000 in cash and a Rolex watch during a raid on Bury New Road. The operation, led by GMP’s Economic Crime Unit, aims to disrupt organised crime finances. Authorities emphasised their commitment to seizing criminally obtained assets and bringing offenders to justice.
Police seized £15,000 in cash and a Rolex watch during a money laundering raid at a Cheetham Hill business yesterday, arresting a 52-year-old man in the intelligence-led operation.
Greater Manchester Police’s Money Laundering Team executed the warrant at the Bury New Road premises around midday on Thursday, targeting suspected criminal finances in the area. The suspect remains in custody awaiting questioning.
Detective Inspector Sarah Langley from GMP’s Economic Crime Unit said the warrant represented “a culmination of complex proactive policing to tackle criminal finances” that would “significantly disrupt this kind of activity that lines the pockets of organised crime groups.”
“This is money and assets that we think have been obtained through criminal means and we are determined to ensure that anyone found to be responsible for this offence will be brought to justice and have anything of value in their name seized,” Langley said. “We hope the activity today sends a message to anyone engaged in this activity to expect a robust and relentless response from us.”
Last year GMP seized £17,715,283.24 from criminals across the force area, with a proportion returned to communities through the Asset Recovery Incentivisation Scheme.
Source: Read original article