Police today arrested a suspected leading member of a £150,000-a-day money laundering ring during a series of raids across London.
Criminal gangs are thought to be using money exchange services to send the proceeds of crime abroad and help criminals escape justice.
The exchange offices in Wembley, Tooting and the Stratford area can send hundreds of thousands of pounds a day out of the country with no risk of scrutiny.
It is thought the gangs, responsible for offences including fraud, tax evasion and theft, send money to the centres to transfer to bank accounts or associates in India, Dubai or Hong Kong for a 10 to 15 per cent fee.
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