Police yesterday arrested one man and seized several items following several raids in connection with an ongoing investigation into what is believed to be a major money-laundering scheme.

The predawn operations were conducted by lawmen from the Financial Investigations Division (FID), the Mobile Reserve and Counter Terrorism and Organised Crime Branch (C-TOC) on Dillsbury Avenue, Kingston 8, and Angels Estate in Spanish Town, St Catherine.

The police said during the operations, a number of premises were searched. Some of the items seized include:

Bank statements

Five Ipads

Nine telephones

J$$98,000

US$3,600

CAN$360

Bank books and other paraphernalia

The police said operations were carried out in the aftermath of the conviction of a Jamaica national in Canada for major drug offences. The FID was alerted and an intelligence-led investigation was subsequently launched.

The identity of the man in custody is being withheld pending further investigations.

Chief Technical Director at FID, Robin Sykes, said the FID is committed to taking the profit out of crime.