National Crime Agency officers have arrested two men as part of a drugs and money laundering investigation which led to the seizure of more than £1.6m last year.
The suspects – aged 58 and 51 - were arrested yesterday respectively in Wilmcote, Stratford-upon-Avon, and Reddicap Heath, Sutton Coldfield, near Birmingham.
NCA officers searched a number of business premises across Birmingham in connection with the investigation which emerged from Operation Venetic, the UK’s law enforcement response to the take down of encrypted comms platform EncroChat.
The two suspects who were arrested yesterday (Tuesday) have been questioned in relation to their alleged involvement in money laundering and drugs offences and were released on bail.
NCA operations manager Rick Mackenzie said: “These arrests are an important development in our investigation.
“The ability for criminals to benefit from the proceeds of crime is a key driver for organised crime which is why the NCA prioritises disrupting money laundering operations both here in the UK and overseas.”
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