Home Featured Article Serious Fraud Office seizes haul of Rolex watches during hunt for proceeds from £50 million fraud

Serious Fraud Office seizes haul of Rolex watches during hunt for proceeds from £50 million fraud

by Rob Corder
serious-fraud-office-seizes-haul-of-rolex-watches-during-hunt-for-proceeds-from-50-million-fraud

The UK Severe Fraud Workplace (SFO) has confiscated watches and jewelry price £500,000 from a secure deposit field owned by the brother of a convicted fraudster in Birmingham.

Saghir Afzal is serving time for a £50 million pound mortgage rip-off however his brother continues to be a fugitive.

SFO officers have been looking for property of Mr Afzal and his associates, and the search led them to a secure deposit field of his brother, the place they discovered priceless necklaces, gold, silver and diamond-encrusted Rolex watches price half one million kilos.

“This case reinforces our dedication to make use of each software out there to us to forestall those that would bribe, cheat and steal from resting simply on their illicit positive factors,” mentioned Liz Baker, head of the SFO’s proceeds of crime and worldwide help division.

The submit Serious Fraud Office seizes haul of Rolex watches during hunt for proceeds from £50 million fraud appeared first on WatchPro.

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