London police has announced that
they have found huge amount of money, running to the tune of almost £1 million in
a suitcase in the back of one of the famous London black cab.
This was disclosed during a press
statement made where the police release for public knowledge regarding cash
being recovered in in the year 2015/2016.
Scotland Yard stated that: ‘The
cash was found when officers stopped a black cab in east London and found a
large holdall in the passenger compartment which contained the cash.
‘The cash was subsequently
forfeited under the Proceeds of Crime Act in early 2016.’
So far the police have up to £73
million in line with the Proceeds of Crime Act which came into force in 2002. And
this amount happens to be the largest total since the act came into place.
The largest confiscation order
came in 2015 which was to the value of £6,328,119.39. The criminality related
to the supply of chip and pin machines to central London brothels.
According to the Met Police: ‘The
main perpetrator created a number of sham companies purporting to offer events
and function facilities to corporate clients.
These companies were then used to
obtain numerous chip and pin machines from various Merchant Services Providers
by fraudulently misrepresenting their business intentions.
The machines were then placed
into several brothels in order to facilitate the payment for vice services and
Class A drugs from paying customers.
Forfeited and confiscated funds
by the MPs are handed over to the Home Office, which in return gives certain
percentage to the MPs, via the Asset Recovery Incentivisation Scheme (ARIS.)
Commissioner Sir Bernard
Hogan-Howe said: ‘The MPS is here to reduce crime and keep people safe. It’s
satisfying to see criminals pay back for the damage they cause communities
through the assets we’ve recovered.
‘The message is loud and clear,
crime does not pay and criminals who think it does will have to deal with the
full force of the MPS.’
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