Four arrested over London-based £1m cyber theft

Four people have been arrested and £80,000 in cash seized following the suspected theft of £1m from two banks.

Some customers had inadvertently downloaded software enabling their money to be siphoned off, police said.

During raids at properties in Enfield and Islington on Tuesday, police also removed a live hand grenade.

Two men, aged 31, and two women aged 24 and 27, were arrested on suspicion of conspiracy to defraud and conspiracy to launder money.

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