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Jamaicans arrested for money laundering in UK

2009-05-14 12:36:35 | (0 Comments)

Several Jamaicans are said to be among 8 people arrested in the United Kingdom for their involvement in an international money laundering ring.

The eight are suspected of sending drug money to Jamaica.

Investigators from Scotland Yard say five men and three women were picked up during separate raids in London and Cambridge.

They say those arrested are holders of Jamaica and British passports.

According to the police, the arrests follow a lengthy investigation by officers in the UK, Jamaica and Miami.

London’s Financial Investigation Unit say inquiries were made after it discovered that a criminal network in south London was sending regular sums of cash to associates in Jamaica through money transfer agencies.

Investigators believe that the cash were earned from drug dealings on the streets of south London.

Some of the money is believed to be invested in substantial properties in Miami, Florida.

The police say inquiries are continuing to identify the criminal’s assets in Miami.





Source: Gleaner/Power 106 News

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