Luxury cars seized as Lytham man arrested on suspicion of fraud and money laundering

A Range Rover Sport SVR V8 and an Audi A5 convertible - worth approximately £155,000 in total - were seized from an address in Lytham after officers executed a search warrant on Buckley Grove yesterday morning (June 25).

A 28-year-old man was also arrested on suspicion of fraud and money laundering as part of an investigation into the provision of illegal TV streaming devices and services.

DS Mark Riley, from Lancashire’s Economic Crime Unit, said: "People who buy these devices over social media might not realise that they are illegal, but the fact is they are, and we believe that the people who sell them know that.

"What may cost you a relatively small one-off fee, actually results in television producers and sports broadcasters losing millions of pounds which affects their ability to make and show sports events and entertainments series, which many of us enjoy watching.

"It also deprives society of tax revenues. That said, the social media pages - that we are aware of - where these items are being sold, are in the process of being removed."

Other items seized during yesterday's raid include designer clothing, bags and watches, which police suspect were obtained from money earned illegally

"I hope this case shows people that we will work to find those responsible for what ultimately amounts to fraud, seeing people make thousands of pounds illegally," DS Mark Riley added.

"We will also look to seize what they spend their fraudulent profits on."