Two businesses searched in relation to large-scale money laundering investigation

Two individuals arrested and bailed after police execute search warrant in Douglas

Police have searched the premises of two Island businesses in relation to a large-scale international money laundering investigation.

A search warrant was executed by the Isle of Man Constabulary at Ableton Prestige Global Limited and Amiga Entertainment Limited in central Douglas earlier this week.

Two individuals have been arrested and released on police bail.

The constabulary said in a statement: "The Isle of Man authorities continue to work in partnership, responding robustly to prevent, identify and disrupt any criminal activity of this nature. Money laundering is not a victimless crime and can be generated from other, appalling offences such as drug, arms and human trafficking, environmental crime, modern slavery, bribery and corruption. 

"It is imperative that the Isle of Man authorities and industry across all sectors remain vigilant and mitigate vulnerabilities that can be exploited by criminals.

"The Isle of Man is committed to disrupting illicit activity and preventing the Island, its people and financial and non-financial sectors from being exploited."