Police Seize £100,000 From House On Money-Laundering Raid
Wednesday 14th November 2012
More than 100 people have been arrested as part of a Met Police operation targeting money laundering and fraud.
Over £250,000 has also been seized from addresses across London, including £100,000 from one house in Essex.
Teams are targeting gangs involved in drug dealing, trafficking and prostitution in Scotland Yard's biggest ever operation to specifically focus on criminals' finances.
Cash sniffer dogs - like the one shown above - are being used to uncover hidden money and a series of arrests are expected to be made.
Commander Steve Rodhouse said: "Money is the main motivation for many criminals, be they heads of organised criminal networks, gang members or street-level offenders.
"The money they make from crime earns them status in the eyes of associates; it funds more crime and, for some, pays for them to lead luxurious lifestyles they do not deserve.
"They make billions of pounds from crime every year and it is their countless victims who pay the price - both literally and in respect of the emotional, mental and physical impact on them.
"When we take away criminals' money, we take away a lot of their capability and motivation to commit crime. This is why today we have over 1,300 officers all set on depriving criminals across London of their criminal proceeds."