Skip to content
Wednesday 2 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,767.87
-0.20%
DAX
25,847.35
-0.47%
CAC 40
8,286.83
-0.18%
STOXX 50
6,362.61
-0.10%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 20 November 2019 8:06 pm

Ten arrested in London over £15m money laundering plot

By: James Warrington

Add as a preferred source on Google

Ten suspected members of an organised crime group were arrested in London today on suspicion of flying roughly £15.5m out of the UK to Dubai hidden in suitcases.

National Crime Agency (NCA) officers, who arrested the suspects in a series of raids across the capital this morning, said they believed the group also tried to smuggle 17 migrants into the country this summer.

Read more: Police assessing allegations Brexit Party candidates were offered peerage

The suspects are accused of being part of a well-orchestrated attempt to launder millions of pounds in money made through class A drugs and organised immigration crime.

They are believed to have transferred the money from the UK to Dubai in a series of trips over the last three years.

Estimations of travel history suggest the group transported more than £14m in 2017 and 2018 alone.

Officers arrested a 41-year-old man alleged to be the head of the network at his home in Hayes.

Police also recovered a quantity of cash, illegal drugs and luxury cars, including Range Rovers, Audi Q7s and BMW 5 series during raids in Hounslow, Uxbridge and Southall.

Read more: Police watchdog denies delaying inquiry into Boris Johnson

“Cash is the lifeblood of organised crime groups and they need the services of money launderers,” said Chris Hill, NCA senior investigating officer.

“We believe that the action we and our partners have taken will have caused permanent damage to a well-established money laundering network.”

Main image credit: NCA

Read more

Banning vape shops won’t fix scuzzy high streets

High street vape shop Ecigwizard next to Costa Coffee and Subway, with people walking and sitting outside.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • London business

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Jaguar reveals the Type 01’s screen-free interior

  • Easyjet’s over-60s recruitment push is economically necessary

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

More from Morning Wire

  • Banning vape shops won’t fix scuzzy high streets

    Opinion
    High street vape shop Ecigwizard next to Costa Coffee and Subway, with people walking and sitting outside.
  • Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants

    Consulting
    Dominic Cummings claims China has stolen vast amounts of secret UK material
  • The Simon Levy case proves some criminals can never be rehabilitated

    Opinion
    Simon Levy, a man with dark hair and a beard, looking directly at the camera.
  • FCA bans wealth manager trio behind £35.5m investor visa scam

    Investing
    An all-party parliamentary group said on Tuesday that the FCA's treatment of both internal and external whistleblowers was “alarming”.
  • City law firm sues prominent Emirati business family

    Lawsuit
    Due to the provided information being incomplete, I am unable to generate specific alt text for the image in question. Ple...
  • Illegal Premier League betting could hit £1bn within year

    Sport Business
    Close-up of the shining Premier League trophy with red ribbons, set against a blurred stadium background.
  • Policing alone won’t solve London’s shoplifting epidemic

    Opinion
    Shoplifting incident in retail store with security camera footage showing suspect concealing merchandise in jacket
  • Qatar Racing takes over sponsorship of £4.4m British Champions Day

    Sport Business
    Jockey in orange and blue silks on a brown racehorse galloping on a green track, another horse slightly behind.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook