Eleven Arrested Over Laundering Of Fraud Proceeds

Police have arrested 11 men on suspicion of laundering the proceeds of alcohol and VAT fraud.

The arrests were made when HM Revenue and Customs (HMRC) officers raided 11 residential properties and eight businesses in London, Berkshire, East Sussex and Buckinghamshire.

HMRC said that the alleged fraud involved around £50m in evaded duty and tax.

Officers also seized £400,000 in cash, computers and business records during the searches.


Related UK National News Stories
Click here for the latest headlines.

06 February 2007
Ten arrested in VAT fraud operation
Ten people have been arrested in a series of UK-wide raids conducted by customs officers investigating a suspected £250 million VAT missing trader fraud. The operation, codenamed Operation Euripus, follows a five-year investigation, which included one of the biggest swoops ever undertaken by HM Revenues & Customs (HMRC).
27 May 2011
Five Arrested In £20m Illegal Tobacco Fraud
Officers from HM Revenue & Customs (HMRC) investigating a suspected excise fraud in excess of £20m have arrested five people during early morning raids across South Yorkshire and Nottinghamshire.
15 August 2006
22 arrested in major fraud operation
Customs officers have arrested 22 people across the UK in HM Revenue & Customs largest ever operation targeting multi-million pound VAT frauds.
13 May 2009
Met Officers Arrested In Expenses Fraud Probe
Three Metropolitan police officers have been arrested over allegations they made inflated expenses claims while investigating the July 7 bombings, Scotland Yard has said. The officers were arrested on Tuesday in connection with a number of offences including misconduct in a public office, conspiracy to defraud, theft and false accounting.
30 January 2006
Fraud level triples in a year
A surge in fraud cases in the second half of in 2005 resulted in over £900 million of fraud being recorded - up nearly three times from the previous year's £329 million.