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Fake exotic dancer companies forfeit £5m in laundered cash

BBC News Published image copyrightPA Media image captionIt is the largest forfeiture under the Proceeds of Crime Act in Greater Manchester Police s history Police have recovered more than £5m from three fake companies that offered live-streamed exotic dancers as a guise to launder cash. The Manchester-based firms laundered more than $60m (£44m) over 12 months through fake pay-per-view adult entertainment websites. A judge agreed they should forfeit £5.8m, which is the largest amount ever recovered by Greater Manchester Police. It will fund community projects and tackle organised crime, police said. The force s economic crime unit discovered the websites were not providing the services advertised and were using a third-party payment process to launder the money through a sophisticated and highly organised network , they said.

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