London Properties, Country Hotel Seized in U.K. Laundering Probe

U.K. money laundering investigators recovered about 6 million pounds ($7.8 million) in assets, including a Bentley sedan, an upscale hotel and prime London properties, from three defendants who allegedly used a global web of accounts to hide their wealth.

It’s likely “that funds embezzled from the Russian state or from frauds committed in the U.K. were passed through these companies,” the National Crime Agency said in a statement Sunday, referring to companies incorporated in countries including the U.K., Russia, Austria, the U.S., Croatia, Seychelles and British Virgin Islands.