Over the past few years, the Bermuda Police Service (BPS) Financial Crime Unit has made significant strides in combating money laundering, confiscating over $200,000 through its investigations.
Since 2021, the convictions of five individuals have led to the seizure of these illicit funds.
In a recent statement, the BPS highlighted the collaborative effort among partner agencies that contributed to these successes, all united in their commitment to prosecuting law violators.
Currently, several additional cases involving suspected illegal funds totaling over $400,000 are pending in both the Supreme and Magistrates’ Courts.
Bermuda’s Detective Chief Inspector Jason Smith, representing the Specialist Investigations Unit (SIU), reiterated the BPS’s dedication to addressing financial crimes.
He said that the BPS remains steadfast in its pursuit of individuals involved in criminal activities, and urged anyone with information on suspected money laundering offenses to step forward.
