Man from Preston questioned in connection with major fraud investigation
A man from Preston has been arrested in connection with a wider investigation into suspected fraud, tax evasion and money laundering.
Around £140,000 in cash was seized during searches at residential and commercial properties in the city, and other parts of the north west, last week.
The 50-year-old has been released on bail while the investigation continues.
Officers from the North West Regional Organised Crime Unit are looking into an organised crime group suspected of large-scale financial crime across the region.