Safety Deposit Raids by Police......

Safety Deposit Raids by Police......

Author
Discussion

Simpo Two

85,883 posts

267 months

Thursday 12th June 2008
quotequote all
mickken said:
How do you account for £8m in a box!!
Enter it in the Inputs column?

tinman0

18,231 posts

242 months

Thursday 12th June 2008
quotequote all
mickken said:
For years criminals have been using fake names to open a safety deposit boxes in deposit depots.

I saw on the news today that the Police have raided three such places(one in Hampstead....not sure about the other two) and opened up every box and logged and confiscated the contents of 10,000 seperate safety boxes. Some were reported to be empty. Every box is being treated as an individual crime scene.

They recovered £53,000,000 in cash, numerous guns, kilos of drugs and assorted jewelery. £53m in cash!!

£8m was in one box alone, someone, somewhere is not having a good week.

I'm sure there will be some people who will be able to go to the Police and account where there money/goods came from, but what about the rest??

How do you account for £8m in a box!!

Some will be drug dealers, some money launderers, tax avoidance and various other crimes. I'm pretty sure most of the cash that belongs to people will not be accounted for, and therefore not claimed!!

I reckon that tomorrow morning various Security Box Depots around the UK will be inundated with visitors withdrawing various goods/cash etc, etc.....and depositing in the Bank of Mattress.
More worryingly, when did we give the power to the Police to open all these private boxes in the first place? And you have to apply to get your own property back? And then prove its legal?

What ever happened to innocent until proven guilty?

Tony*T3

20,911 posts

249 months

Thursday 12th June 2008
quotequote all
I think they were tipped off in a big way.


Whats the point in having 8 million in cash anyhow? If its bent money its virtually unspendable in Britain now with all the anti money laundering laws.....

Tampon

4,637 posts

227 months

Thursday 12th June 2008
quotequote all
tinman0 said:
mickken said:
For years criminals have been using fake names to open a safety deposit boxes in deposit depots.

I saw on the news today that the Police have raided three such places(one in Hampstead....not sure about the other two) and opened up every box and logged and confiscated the contents of 10,000 seperate safety boxes. Some were reported to be empty. Every box is being treated as an individual crime scene.

They recovered £53,000,000 in cash, numerous guns, kilos of drugs and assorted jewelery. £53m in cash!!

£8m was in one box alone, someone, somewhere is not having a good week.

I'm sure there will be some people who will be able to go to the Police and account where there money/goods came from, but what about the rest??

How do you account for £8m in a box!!

Some will be drug dealers, some money launderers, tax avoidance and various other crimes. I'm pretty sure most of the cash that belongs to people will not be accounted for, and therefore not claimed!!

I reckon that tomorrow morning various Security Box Depots around the UK will be inundated with visitors withdrawing various goods/cash etc, etc.....and depositing in the Bank of Mattress.
More worryingly, when did we give the power to the Police to open all these private boxes in the first place? And you have to apply to get your own property back? And then prove its legal?

What ever happened to innocent until proven guilty?
They had been staking it out for 2 years and got a warrent. there was some very fishy stuff going on, and they were right, it is not like they are randomly smashing into depots.

Nadyenka

661 posts

199 months

Thursday 12th June 2008
quotequote all
I hope the Police guy in charge of this did not go on TV.

Simpo Two

85,883 posts

267 months

Thursday 12th June 2008
quotequote all
Tony*T3 said:
Whats the point in having 8 million in cash anyhow? If its bent money its virtually unspendable in Britain now with all the anti money laundering laws.....
Maybe that's why it was sitting in a box!

Olf

11,974 posts

220 months

Thursday 12th June 2008
quotequote all
This has been going on for a couple of weeks now. I want to be happy about it. I really do. But the nagging feeling is that this has been ignored for years. Why bust em now?

Spokey

2,246 posts

211 months

Thursday 12th June 2008
quotequote all
Olf said:
This has been going on for a couple of weeks now. I want to be happy about it. I really do. But the nagging feeling is that this has been ignored for years. Why bust em now?
It's a warning for the rest of us. Habeus corpus is gone now, you have to justify having cash over £1000 on you, you're compelled to give yourself up for speeding ... now they're saying assets not visible to the state are not acceptable either.

Still, I'm sure the police are doing a wonderful job.

1

2,729 posts

238 months

Thursday 12th June 2008
quotequote all
Tony*T3 said:
I think they were tipped off in a big way.


Whats the point in having 8 million in cash anyhow? If its bent money its virtually unspendable in Britain now with all the anti money laundering laws.....
It is'nt really that difficult to get around the money laundering laws, providing you have a little patience. You are also assuming that they were intending to spend it in this county.

Edited by 1 on Thursday 12th June 23:32


Edited by 1 on Friday 13th June 00:46

tinman0

18,231 posts

242 months

Thursday 12th June 2008
quotequote all
Spokey said:
Olf said:
This has been going on for a couple of weeks now. I want to be happy about it. I really do. But the nagging feeling is that this has been ignored for years. Why bust em now?
It's a warning for the rest of us. Habeus corpus is gone now, you have to justify having cash over £1000 on you, you're compelled to give yourself up for speeding ... now they're saying assets not visible to the state are not acceptable either.

Still, I'm sure the police are doing a wonderful job.
And if you dare wonder about leaving the UK, and going to a country that respect freedoms more, like say Zimbabwe, other PHers will call you treasonous.

Spokey

2,246 posts

211 months

Thursday 12th June 2008
quotequote all
mickken said:
Make that £1 Billion worth of cash, drugs!!!!!!!!!

http://www.telegraph.co.uk/news/uknews/2066470/Saf...
Yeah, sure, and the moon's made out of green cheese. I reckon if you added up the reported "street value" of all the drugs busts they make in a year, it would exceed the GDP of the United States.

Fittster

20,120 posts

215 months

Thursday 12th June 2008
quotequote all
Tampon said:
They had been staking it out for 2 years and got a warrent. there was some very fishy stuff going on, and they were right, it is not like they are randomly smashing into depots.
No, they are systematically opening all the boxes. Only the guilty have anything to be afraid of

g4ry13

17,314 posts

257 months

Thursday 12th June 2008
quotequote all
They've still closed off the road in Edgware and they have the armed police standing around.

gingerpaul

2,929 posts

245 months

Thursday 12th June 2008
quotequote all
Fittster said:
Only the guilty have anything to be afraid of
Ahh, that old chestnut. If only that was true. frown

collateral

7,238 posts

220 months

Friday 13th June 2008
quotequote all
I don't know how such a gig operates, but surely the deposit people must have been bent too?

"Oh hello again Mr Jones! Come to put in another brick of coke have we? I'll just get my key"

ninja-lewis

4,274 posts

192 months

Friday 13th June 2008
quotequote all
And anything legally earned will probably be passed onto HMRC so that they can collect tax on it too.

Ribol

11,395 posts

260 months

Friday 13th June 2008
quotequote all
“Each box will be treated as a crime scene in its own right.”

So if you choose to put valuables in a safe deposit box due to crime being out of control you automatically become part of a crime scene?

Sounds more like they had intelligence on some boxes and decided to have a bash at the rest whilst they had an excuse to have a nose about.

grumbledoak

31,609 posts

235 months

Friday 13th June 2008
quotequote all
TVR Moneypit said:
And how would you feel if it was security box that was rumaged through?

Could you prove that that watch that your Grandfather gave you on his death bed was purchased by you through legitimate means?

Nope. Of course you cant. Say goodbye to that then.

And those photos of you and your wife in uncompromising positions? Say goodbye to those if your wife is fit.

Perhaps you had a couple of grand in there, just in case of emergancys. Something that you had saved up at £50 a month. Could you prove how you can to save that up? Nope. Thought not. Say goodbye to that as well.

Dont be so nieve.
'Wot ^^^ he said'. Spelling aside, for those of that persuasion.

They may have caught some bad guys, but the idea that "every box is a crime scene" says everything.

Run.

Vixpy1

42,634 posts

266 months

Friday 13th June 2008
quotequote all
collateral said:
I don't know how such a gig operates, but surely the deposit people must have been bent too?

"Oh hello again Mr Jones! Come to put in another brick of coke have we? I'll just get my key"
From what i read, it was the deposit people who were involved in the drugs/cash etc. Hence why all the boxes were raided.

RobDickinson

31,343 posts

256 months

Friday 13th June 2008
quotequote all
Next week - eevry house a crime scene. Police search mattresses country wide.


Mabel, 78, of Twickenham was asked to explain £3.27 found down the back of her sofa, being unable, through the anti terrorism laws , she was held for 42 days, then faces a trial, sadly not by jury as , being a financial matter, a jury is deemed too damned stupid to understand the issues involved.

Derrek, Mabels partner, tried to argue her case, even protested outside of parliament, but was duly arrested, as protest seems to be some vague form of terrorism (aka filed under freedom of speech) and sent down for what could be life for the old duffer.

Sad thing is only some of that is cloud cookoo land...