Search

Two men arrested and retail premises raided in Ilford over suspected £17 million money laundering operation

PUBLISHED: 12:13 06 November 2017 | UPDATED: 13:38 06 November 2017

(Picture: Dominic Lipinski/PA Wire)

(Picture: Dominic Lipinski/PA Wire)

PA Wire/Press Association Images

Two men have been arrested and an office in Ilford was raided as part of an ongoing investigation into a suspected money laundering operation.

Across the country, 80 officers from HMRC carried out simultaneous raids on Thursday, November 2 at residential addresses in London, Coventry and Luton, and two offices in Ilford and Edmonton.

Two men, aged 32 and 34, from Ilford, were arrested in the raids along with three men from Wembley, Coventry and Greenford, and a woman from Luton.

One of the pair, who were arrested and interviewed by HMRC, has been released on bail whilst the other has been released under investigation.

Enquiries into the suspected fraud are ongoing.

The raids are part of an ongoing investigation by HM Revenue and Customs (HMRC) into a suspected £17 million money laundering operation.

Chris Gill, Assistant Director, Fraud Investigation Service, HMRC, said: “Tackling money laundering is a priority for HMRC and we will not hesitate to investigate those suspected of being involved.

“We ask anyone with information about this kind of activity to contact our HMRC Fraud Hotline on 0800 788 887.”

Related articles

Latest Ilford Stories

Yesterday, 17:00

Sporting Bengal United will look to make it five games without defeat when they host the Motormen

Yesterday, 15:35

Anjem Choudary will be subject to a strict supervision regime after his release from prison later this week.

Yesterday, 15:00

Ex-O’s defender Darren Purse will be on the touchline against Leyton Orient’s under-18s in the FA Youth Cup this week

Yesterday, 14:00

The latest news from the Ilford Social Centre Darts League

Yesterday, 13:00

Letters from an aeroplane crash, relics from a national disaster and correspondence between long lost lovers.

Yesterday, 13:00

Linkside Tennis Club held a successful junior finals day despite steady, then torrential rain and a chilly wind on the weekend.

Yesterday, 12:00

A prolific blackmailer from Woodford Green who tried to force the CEO of a well known company to hand over £150,000 has been jailed for more than five years.

Yesterday, 12:00

Redbridge joint-manager Ricky Eaton says it’s great to see his side scoring again after sealing a comfortable 4-1 win against Southend Manor to progress in the FA Vase.

PROMOTED CONTENT

Struggling to find a buyer for your home in a slower market? We speak to Ilford property expert Nina Kaura from Portico about the Crossrail effect and why getting things right first time will get you the best price for your property.

Exchange Ilford is a shopping centre on a mission to make it a more welcoming and accessible place to the people of Redbridge.

An Ilford shoe retailer and podiatry practice is taking the next step with a move to a new shop just a few doors down.

Newsletter Sign Up

Ilford Recorder twice-weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

Most read news

Show Job Lists

Education Promo

Digital Edition

cover

Enjoy the
Ilford Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now