Multi-million pound fraud racket

A suspected member of a notorious North London gang was arrested in his £2.5 million Clerkenwell townhouse today as 200 Met officers burst into 25 addresses in the capital and Home Counties.

The man aged 57 was seized with his wife in an extraordinary operation as part of an inquiry into a multi-million pound fraud racket. Scotland Yard described the raids as the “biggest coordinated and concerted operation” against the gang.

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