North West Regional Organised Crime Unit
 

£575,000 CASH SECURED FROM MERSEYSIDE ORGANISED CRIME GROUP

Fri 29th, Sep

On 18 August 2017 a suitcase containing cash was seized during a warrant as part of an investigation into drug supply in the Huyton area of Liverpool. This money has now been secured and forfeited by the two males to whom it previously belonged

On the 18th August 2017 TITAN officers executed Misuse of Drugs Act warrants in two addresses in the Huyton area of Liverpool and one address in the Thatto Heath area of St Helens, on Merseyside.  12 kilogrammes of heroin, to the estimated street value of £1.2 million was recovered along with a large suitcase containing £575,956.00, sterling, 7410 in Turkish Lira and 2 £US.

Two males, Lawrence FLAHERTY and Peter BYRNE, were arrested and charged with Possession with Intent to Supply class A and Money Laundering.  Both males pleaded guilty and sentenced on 19th September 2017 at Liverpool Crown Court:  FLAHERTY was sentenced to 7 years 4 months and BYRNE was sentenced to 3 years.

On 27th September 2017 during a Proceeds of Crime Act hearing the £575,000 was forfeited by FLAHERTY and BYRNE.