Four people have been arrested and search warrants executed in Hackney, Beckenham and Slough as part of an investigation into fraud and money laundering.

The investigation is conducted by the UK Financial Conduct Authority (FCA) and the police.

The arrests and searches were carried out by the police’s Eastern Region Special Operations Unit and South East Regional Organised Crime Unit with the FCA.

The suspects were interviewed under caution by the FCA and released on bail. The investigation is ongoing.