Newcastle money laundering suspects arrested after police clampdown on operation
by Owen Younger · ChronicleLiveTwo money laundering suspects have been arrested in Newcastle after police clamped down on an operation. A man and a woman were apprehended at an address in Stamfordham Mews, in Newcastle, as part of an effort by the North East Regional Organised Crime Unit.
On Wednesday morning, the suspects, believed to be laundering money for organised criminals, were given a wake-up call. Subsequent police searches of the property resulted in the discovery of $43,824 dollars in crypto currency. Both suspects have since been released under investigation while enquiries continue.
NEROCU Detective Sergeant Andrea Smith, part of the Regional Economic Crime Unit, said: "Any criminality linked to financial supporting or enabling organised crime of any kind has no place in our communities, and we will always look to identify those believed to be responsible for such offences.
"For us, those who launder money for criminals are equally responsible for the violence and destruction they bring to communities. This strike day is the latest in our work to tackle this crime type and pursue suspects and we’re making significant inroads in our mission to cut off the illicit funds of organised gangs.
"Work just like today will continue under the banner of Operation Sentinel – our regional approach to disrupting and tackling Serious and Organised Crime here in the North East."
Police ask that anyone who has any information about criminal activity reports it to their local police or via the independent charity Crimestoppers anonymously on 0800 555 111.
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