NCA’s UKFIU May 25 SARs Reporter Booklet highlights how SARs triggered asset freezes and forfeitures, uncovering links to shell companies, drug proceeds, and fraud – recovering over £800K in one case 

Investigations revealed connections to shell companies, excessive gambling, nominee directors, and individuals with criminal backgrounds. Asset freezing orders (AFOs) and forfeitures followed, often recovering tens or hundreds of thousands of pounds. One case involved...