UK Police Arrest 17 in Major Organised Crime Crackdown

LONDON: British police have arrested 17 people as part of a major operation targeting organised crime groups, while the country’s financial regulator has taken action against several firms suspected of links to financial misconduct.

According to police, the coordinated operation also involved the UK financial regulator, which disrupted the activities of seven financial firms and launched investigations into a further 30 companies.

The operation forms part of wider efforts by British authorities to tackle organised criminal networks and investigate their connections to the financial sector.

Authorities said the crackdown is aimed at disrupting criminal operations and addressing the financial activities that support organised crime.

Further details regarding the identities of those arrested and the specific allegations against the companies under investigation were not immediately disclosed.

The operation highlights the continued cooperation between UK law-enforcement agencies and financial authorities in efforts to combat organised crime and prevent illicit financial activity.