Assets Of UK Businessman With Suspected Mob Links Frozen
Law360, London (January 13, 2020, 4:44 PM GMT) -- British investigators have secured a £1.13 million ($1.46 million) account freezing order against a property developer with suspected links to serious organized crime, the National Crime Agency said Monday.
The order was granted at Westminster Magistrates Court in London on Jan. 9 over a bank account linked to 500 M Ltd., a company connected with Mansoor Hussain.
The businessman was ordered to reveal the source of the money he used to start and develop his £10 million real-estate empire in July, when the NCA secured its first so-called unexplained wealth order linked to an individual with suspected connections to organized crime.
Account freezing orders...
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