More than £745,000 in cash was found stashed in plastic bundles inside supermarket ‘bags for life’ during a police raid on a London flat. Officers forced entry into the Kensington property on Redcliffe Street on 2 March 2021 as part of a major operation by the Kent and Essex Serious Crime Directorate.
Cash and Cocaine Stash Uncovered
The huge haul was discovered in a bedroom, with bundles marked to show how the cash was divided. Over 100 wraps of cocaine were seized too—both inside the flat and from a car parked nearby. Two men, Milan Kosoric, 26, and Pero Mitrovic, 35, were arrested on the spot.
Guilty Pleas and Huge Forfeiture
At Maidstone Crown Court, both men pleaded guilty to money laundering. Kosoric also admitted possessing cocaine with intent to supply. While awaiting sentencing in custody, Kent Police successfully applied to seize the entire £745,087 under the Proceeds of Crime Act. Neither offender contested the forfeiture.
Police Crack Down on Organised Crime Cash
“The vast amounts of cash seized were clearly indicative of an organised criminal gang operating drug supply networks into Kent and beyond,” said Detective Superintendent Patrick Milford of the Major Economic and Cyber Crime unit.
“The Proceeds of Crime Act is vital in stopping criminals profiting from their crimes. It lets us claw back illegal gains long after sentencing, sometimes even after release. Kent Police will get a significant portion of the forfeited cash through the Home Office Asset Recovery Incentivisation Scheme.”
“This money can now be pumped straight back into policing our communities,” Milford added.
