Police will continue to raid properties in Douglas and Onchan in relation to multiple fraud and money laundering offences today.
The Isle of Man Constabulary Financial Investigation Team has executed six warrants alongside Her Majesty's Revenue and Customs and the National Crime Agency.
In total, 13 warrants have been executed, and seven people have been arrested across the UK, Guernsey and the Isle of Man.
Significant amounts of cash and business records have been seized - following crimes that are said to total £21 million.
It's been in the planning for some time, Inspector Derek Flint gave us a progress update this morning:
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