Police Seize £750,000 Cash

Links to Class A drugs in Kent

Two criminals with links to the supply of Class A drugs in Kent have been ordered to forfeit almost £750,000 in cash seized by police during a search warrant at their home.

The money was discovered wrapped in plastic bundles and kept in several supermarket ‘bags for life’ after officers forced entry to the property in London.

The flat in Redcliffe Street, Kensington, was searched during a proactive operation by the Kent and Essex Serious Crime Directorate, on 2 March 2021.

The cash was found in a bedroom with amounts written on individual bundles, showing how the money had been divided.  

More than 100 wraps of cocaine were also seized from the property and a nearby parked car, and two men found staying at the address were arrested. 

Milan Kosoric, 26, and Pero Mitrovic, 35, would later plead guilty at Maidstone Crown Court to money laundering offences. Kosoric also admitted a charge of possessing cocaine with intent to supply.

Forfeiture not contested

With both men remanded in custody and awaiting sentencing, Kent Police made a forfeiture application under the Proceeds of Crime Act relating to the cash seized, which totalled £745,087.

The application, which did not have to be heard before a court, was successful and not contested by either of the offenders. 

Detective Superintendent Patrick Milford, for Major Economic and Cyber Crime, said:
‘The vast amounts of cash seized were clearly indicative of an organised criminal gang operating drug supply networks into Kent and beyond.‘The significant amounts these men have now been ordered to give up again demonstrates just how important the Proceeds of Crime Act continues to be. This legislation is vital in our work to prevent criminals benefiting from their crimes and it is frequently used to claw back illegal gains long after offenders have been sentenced and even released from prison.‘Kent Police will receive a significant amount of the money forfeited through the Home Office Asset Recovery Incentivisation Scheme. This will be money which importantly can be immediately invested back into policing our communities.'

More from WEST KENT NEWS

  • Reform UK By-election Victories

    Reform UK leader Nigel Farage says his fledgling party is “going all out” to win seats at the currently Conservative-run Kent County Council next May.

  • Traffic Congestion Fears

    A consultation on a Tunbridge Wells Council initiative called “Better Streets” has just two more weeks before public feedback closes.

  • Kent Farms "Threatened"

    Changes to inheritance tax rules announced in the autumn budget have sent shock waves through Kent’s farming community.

  • Christmas Joy To The Wells

    Christmas lights, decorations, a light show on the Opera House and a festive family trail look set to attract shoppers and visitors into Tunbridge Wells.

  • Gas Works Site

    A big new housing estate in Sevenoaks has been approved despite parts of it being likened to a cluster of boils.

  • Labour Ministers Step In

    A decision on whether to build a massive “new town” in the north Kent countryside has been taken out of local hands, signalling what could happen in the rest of Kent.

  • Pembury may get 99 new homes

    There's concern about traffic gridlock if a development at Hubbles Farm in Pembury goes ahead.

  • £20 million hotel investment

    Plans have been drawn up to turn the Groombridge Place moated manor house into a luxury hotel, restaurant and spa.

On Air Now Saturday Night 6:00pm - Midnight

COMING UP

  • The Wind Down

    Midnight - 6:00am

    The Wind Down

  • Phil Mills

    6:00am - 8:00am

    Easy Sunday