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.

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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.

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