The National Mobile Phone Crime Unit (NMPCU) has seized around £60,000 worth of mobile phones after a raid on a house in North London on February 2.
During ‘Operation Kevens’, the NMPCU found over 400 high-end mobiles as well as £53,000 in cash and 18 laptops, stolen in burglaries and thefts across London.
A 29-year-old man was charged with two counts of conspiracy to launder at Highbury Magistrates Court.
NMPCU detective chief inspector Martin Ford said: “The NMPCU continues to conduct operations to counter serious and acquisitive crime in London.
“The export of phones stolen in the capital and exported for huge profits by organised criminal networks also causes distress and hardship to the victims.
The seizure today is a highly significant result in terms of serious acquisitive crime in the capital.”