Two Liverpool property developers were arrested by police investigating fraud and money laundering, the ECHO can reveal.
Three men and a woman were arrested on Thursday when officers from the North West Regional Organised Crime Unit (NWROCU) executed six search warrants.
Police seized large amounts of cash and high value jewellery during the raids which targeted addresses across the city.
A 40-year-old man from Aigburth, a 43-year-old man from Old Swan, a 47-year-old man from Childwall and a woman, 32, from Vauxhall, were all arrested on suspicion of fraud and money laundering offences.
They have all since been released under investigation, police said.
The original full article can be found at liverpoolecho.co.uk