Search

Police find almost £1m in cash stashed in shoe boxes in Haringey home as man is arrested

PUBLISHED: 16:26 27 May 2020 | UPDATED: 09:55 29 May 2020

The £1m cash recovered by police who suspect it to be from

The £1m cash recovered by police who suspect it to be from "ill-gotten" activities. Picture: Met Police

Met Police

Police seized nearly £1 million in cash from a Haringey home and arrested a man on Tuesday.

On May 26 Met officers stopped a vehicle in Colney Hatch Lane and found £12,000 cash before a search of a home uncovered almost £1m in £10, £20 and £50 notes, along with multiple passports.

You may also want to watch:

Det Ch Insp Shaun White, who leads Operation Venice Command, said: “There is no justifiable reason for this much cash not be kept in a bank account, unless it has been sourced from ill-gotten activities involving criminality.”

A 31-year-old suspect was arrested under the Proceeds of Crime Act and taken to a north-west London police station. He remains in custody.

Separate work by Operation Venice officers on Tuesday saw a male motorcyclist, 28, charged with driving offences for riding his motorbike dangerously in Camden.

He has been bailed ahead of appearing at Highbury Corner Magistrates Court on June 24.


If you value what this story gives you, please consider supporting the Ham&High. Click the link in the orange box above for details.

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the Hampstead Highgate Express