By Lucia Osborne-Crowley (October 28, 2021, 4:58 PM BST) — The National Crime Agency said on Thursday that a Chinese family has agreed to hand over two of their London properties worth £1.6 million ($2.2 million) after it uncovered suspected dirty money moving through its bank accounts.
Shuyu and Shucheng Cao, brothers based in Britain, and their mother, have agreed to relinquish two London properties — a house and an apartment — as part of a settlement agreement after the agency brought a civil recovery claim against them in the High Court.
The NCA made the claim after it discovered that a convicted money launderer had transferred money into a bank account…
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