Sun | Feb 23, 2020

Police seize bank documents in money laundering probe

Published:Saturday | May 30, 2015 | 12:00 AM

At least three law-enforcement agencies in Jamaica yesterday confiscated a number of items and took one man into custody in connection with an ongoing investigation into an alleged major money-laundering scheme.

Members of the Financial Investigations Division (FID), Mobile Reserve and C-TOC searched a number of premises on Dillbury Avenue, Kingston 8, and Angels Estate in Spanish Town, St Catherine, and seized bank statements, five iPads, nine telephones, United States, Canadian, and local currencies.

The operations were carried out in the aftermath of the conviction of a Jamaica national in Canada for major drug offences. The FID was alerted and an intelligence-led investigation was subsequently launched.

Chief technical director at the FID, Robin Sykes, said the work of the agency is to take the profit out of crime. "The proceeds of criminal activity will be actively targeted within the framework afforded by the law irrespective of where the original crime took place.

no stone unturned

"We at FID, in conjunction with our law-enforcement partners both in Jamaica and internationally, will leave no stone unturned in our efforts to recover the proceeds of crime. This is not just restricted to the perpetrator of the original crime, but extends to those persons who knowingly assist in the acquiring and hiding of assets and using the monies from those crimes."

The identity of the man in custody is being withheld pending further investigations.