Belfast: Almost £190,000 seized from man arrested in 2020

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Belfast: Almost £190,000 seized from man arrested in 2020
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Police say the majority of the money was derived from activities carried out by organised crime gangs

Almost £190,000 has been seized from a man arrested by police in north Belfast two and a half years ago.

A substantial amount of money was recovered when the 41-year-old was arrested in the West Bank Road area on 30 December 2020. Following a proceeds of crime investigation, Laganside Magistrates' Court granted a forfeiture order of £189,416.72 in favour of the PSNI."Money laundering is often a critical enabler of organised criminality," Det Insp Dunne said.

"We believe that the majority of this money is derived from a range of criminal activity carried out by organised crime gangs. "We, along with our partners, remain committed to robustly pursuing those who are involved in laundering criminally-derived money."

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