SFO Seizes 12 Suspected Luxury Watches in Connection to £76 Million Care Home Fraud Investigation

The Serious Fraud Office (SFO) has seized 12 potentially luxury watches during a search warrant executed at a property in Dorset on 03 September 2024. The operation is worth nearly a million pounds" href="https://uknip.co.uk/news/uk/breaking/police-have-charged-six-suspects-as-part-of-an-investigation-into-a-rural-theft-and-burglary-conspiracy-worth-nearly-a-million-pounds/" target="_blank" rel="noopener" data-wpil-monitor-id="57196">part of an ongoing investigation into a suspected £76 million care home fraud involving the collapsed Carlauren Group.

The watches, which include prestigious brands such as Patek Philippe, Rolex, and Hublot, are believed to be worth over £500,000 if found to be authentic. The SFO, supported by Dorset Police, conducted the raid on suspicion that the items were acquired using proceeds of crime. The seized watches will now be transported to a secure facility for authentication and valuation. If found to be counterfeit, they may be destroyed.
“We work hard to recover criminal assets and prevent suspected offenders from enjoying – or concealing – the spoils of their crimes. Many investors remain affected by the collapse of the Carlauren Group, and we are progressing our investigation at pace to deliver justice for them.”

The investigation into the Carlauren Group continues as the SFO seeks to hold those responsible for the fraudulent scheme accountable and recover the assets acquired through criminal means.

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