Stunned police find holdall containing £943,000 in passenger compartment of a London taxi


Pictured: The bag containing £943,000 was found on the back seat of the taxi when it was pulled over by police in east London last yea

A sports holdall crammed with almost £1million in cash was seized by police as it was moved across London by black cab, Scotland Yard revealed today.

The bag containing £943,000 was found on the back seat of the taxi when it was pulled over by police in east London last year.
Another suitcase containing £500,000 in £10 and £20 notes was found in the back of a car in a separate incident.

The hauls were only a small part of the £73million in cash and assets including a Ferrari 612 and Class A drugs seized from criminals in London in just 12 months.

Scotland Yard says it is the largest amount of money the force has ever taken off the capital's streets in a year since 2003.

Haul: This suitcase containing £500,000 in £10 and £20 notes was found in the back of a car in a separate incident



The hauls were only a small part of the £73million in cash and assets including this Ferrari 612 seized from criminals in London in just 12 months

The taxi holdall was the largest cash bundle seized in 2015/16 and the largest confiscation order made was for £6,328,119 in May 2015 over the supply of chip and pin machines to central London brothels.

The main perpetrator created a number of sham companies purporting to offer events and function facilities to corporate clients.

These companies were then used to obtain numerous chip and pin machines by fraudulently misrepresenting their business intentions.


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