TWO MEN have been arrested in connection with a suspected £17 million money laundering scam.
The suspects, aged 32 and 34, both from Ilford and were part of a group of six arrested on Thursday, November 2, as part of an ongoing investigation by HMRC.
According to a report in the Guardian, eighty officers from HMRC carried out simultaneous raids on properties in London, Coventry and Luton and at two business premises, one of which was in Ilford.
Chris Gill, assistant director of the Fraud Investigation Service at HMRC said: “Tackling money laundering is a priority for HMRC and we will not hesitate to investigate those suspected of being involved.”
Four men and one woman arrested by HMRC have been released on bail and a man has been released under investigation.