No Hiding Place For $7.8m International Fraud Investigation Suspects

No Hiding Place For $7.8m International Fraud Investigation Suspects


Saturday 8th Aug 2020


International crime suspects are warned that there is “no hiding place” as North Wales Police continues to make arrests in a $7.8m fraud investigation.

A 27 year old man, arrested in Hatfield, Herefordshire, on Saturday, July 11, was interviewed in Caernarfon about the business email compromise fraud and later released under investigation pending further enquiries.

On Tuesday, July 21, detectives from North Wales, supported by Metropolitan Police, conducted a warrant under Section 9 of the Police and Criminal Evidence Act at a residential address in Edgware, London.

A 35 year old woman was arrested, interviewed and subsequently released under investigation.

On Wednesday, July 22, a 30 year old man was interviewed voluntarily under caution at Wood Green Police Station in London by detectives from North Wales.

On Thursday, July 23, detectives from North Wales, supported by officers from Bedfordshire Police, conducted another warrant under Section 9 of the Police and Criminal Evidence Act at a residential address in Bedford and a 40 year old man was arrested.

He was also interviewed and released under investigation.

Det Sergeant Arwel Hughes of North Wales Police said: “Since November 2018 we have been investigating a Business Email Compromise Fraud which resulted in a loss of $7.8m to a US Company.

“This international investigation, involving enquiries with law enforcement agencies worldwide, has made significant progress resulting in these recent arrests.

“I want to make it clear, irrespective of where the remaining suspects are in the world, we are making enquiries to trace you – If you commit serious crime in North Wales we will target you.

“Our message is clear - there is no hiding place.”