We've updated our Privacy and Cookies Policy
We've made some important changes to our Privacy and Cookies Policy and we want you to know what this means for you and your data.
Vehicle finance fraud: Six luxury cars worth 拢500,000 seized
Six luxury cars worth more than 拢500,000 have been seized in a vehicle finance fraud investigation.
Police took two Rolls Royces, a Porsche, a Lamborghini, a Ferrari and a Mercedes-Benz in Seaham, County Durham, on Tuesday.
Officers raided addresses in Weybourne Lea and Jubilee Avenue and searched a property in Middlesbrough.
A 39-year-old man arrested on suspicion of fraud and money laundering has been released under investigation.
The seizures were part of Operation Sentinel - a joint operation involving Durham, Northumbria and Cleveland Police.
Det Insp Mick Ryan said: "The searches were conducted in connection with an investigation into serious and organised fraud against vehicle finance companies.
"Everyone should be aware that obtaining finance by fraud is a serious offence, and the police will continue to work closely with the financial industry to identify and prosecute such activity."
Follow 大象传媒 North East & Cumbria on , and . Send your story ideas to northeastandcumbria@bbc.co.uk.
Top Stories
More to explore
Most read
Content is not available