A Loughborough-based businessman has agreed to hand over assets worth £500,000 to settle a National Crime Agency civil recovery claim based on his alleged links to money laundering

Leicestershire Police began investigating in 2009, after it became aware of funds being paid through a money service business account called ‘Route of Asia’, leading them to suspect the owner, Salim Miah, of operating a large scale money laundering scheme,  which facilitated the transfer of funds out of the UK.

Officers identified the proceeds of a mortgage fraud, totalling almost £420,000, into the Route of Asia account.

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