Warrants were carried out yesterday as part of an operation cracking down on money laundering in Greater Manchester.
Two men, aged 30 and 25, have been arrested on suspicion of money laundering offences and remain in police custody for questioning.
Approximately £2,000 in cash and a motor vehicle worth around £80,000 was seized from an address in Salford, while approximately £50,000 in cash was seized from a business premises in Cheetham Hill.
A further search at a property in Crumpsall resulted in the seizure of £1,000 in cash.
The arrests are part of a sustained crackdown into individuals suspected of being involved in high level money laundering offences, by Greater Manchester Police (GMP).
Over the last year, GMP’s Economic Crime Unit have successfully forfeited over £17 million from the back pockets of criminals, and the funds have been handed to organisations who support local communities across Greater Manchester via the Asset Recovery Incentivisation Scheme (ARIS).
Non-profits, which benefit communities, can apply for a maximum of £20,000 to help fund activities. The activities must support GMP’s objectives to fight, prevent and reduce crime; keep people safe; and care for victims.
Detective sergeant Peter Goddard said: “This financial year and we have started as we mean to go on, continuing in our relentless pursuit of those suspected to be laundering money from their criminal proceeds.
“Criminals try to disguise their ill-gotten gains to support illegal activities and exploit vulnerable people, causing harm to our communities.
“We have a dedicated team of specialists to tackle organised money laundering, which often supports criminal activity such as: drug dealing, firearms, terrorism and organised immigration crime.
“We are asking the public to remain vigilant and if you see, or suspect something is wrong, please tell us, and we can do something about it. The information you continue provide us with is vital to our investigations.”
You can make report a crime to police online at www.gmp.police.uk or via 101.
