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Bail for seven caught up in £51m cash raid

By Burton Mail  |  Posted: January 31, 2014

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SEVEN people arrested on suspicion of laundering £51 million of criminal cash in Burton have been bailed as it was revealed that detailed forensic investigations were continuing.

HM Revenue and Customs (HMRC) revealed that the group arrested following a series of dawn raids in Burton Road, Branston, on Wednesday were questioned overnight before being released on bail yesterday.

It was confirmed that forensic examinations were still being undertaken on items recovered from two homes and a business, which included computers, personal and business records

The Mail has also learned that the operation is based around a business that operates in the IT sector in the town.

A spokesman for HMRC said: “Following our covert operation in Burton and Surrey, we can confirm that three men aged 27, 37 and 50 and four women aged 20. 22, 25, and 27 were also questioned on suspicion of money laundering.

“All have been bailed until July 29 and, as no charges have yet filed, we cannot identify the people in question.

“A 44-year-old man, from Surrey and part of the same family, has also been bailed until the same date.

“We can confirm that businesses traded in IT sector.”

It is also believed that another site in the Burton has been searched with regard to this matter since the initial arrests with the help of Staffordshire Police.

More than 50 HMRC officers worked with Staffordshire Police during the covert operation.

Colin Booker, assistant director for criminal investigation at HMRC, said: “Money laundering and associated tax evasion is a serious offence and is usually the result of major organised crime gangs trying to clean up their dirty cash.

“We have worked closely with police in this operation and will continue to pursue those who operate outside the law.”

Anyone with information about people who may be involved in tax fraud is being urged to call HMRC on 08005 95000.

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