Following a tax investigation by UK authorities, a 59-year-old seller of second-hand cars has agreed to forfeit several properties and cash, worth over £1.14 million ($1.35m).
The UK’s National Crime Agency (NCA) alleged that the car salesman had committed various serious crimes since the 1990s, including drug trafficking, money laundering, fraud, and tax evasion. The authorities further alleged that the convict has links to serious organized criminals in the UK and abroad.
The NCA suspected that the convict’s declared income did not explain his property purchases and luxurious lifestyle. Further investigation revealed that he had been using his car dealership and property development businesses as fronts to launder the proceeds of his crimes.
Source: National Crime Agency, UK
