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Fraud Investigation: Man arrested last night released on bail

A male arrested on suspicion of conspiracy and money laundering offences on the Isle of Man has been released on police bail.

He was stopped last night by officers from the Isle of Man Constabulary.
 
The Financial Investigation Team is still pursuing the whereabouts of another person for the same offences - believed to be in the UK.
 
Ongoing searches are taking place in Hill Street and the outer Douglas areas later today.

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