A 26-YEAR-OLD GRAYS man remains on bail as part of an inquiry by Her Majestys Revenue and Customs (HMRC) into an alleged £5.5 million pound money laundering fraud.
The man was arrested along with a 55-year-old man from Hornchurch and a 35-year-old man from Ongar in April in a dawn raid by dozens of officers. They also remain on bail.
It is understood that the probe revolves around a railway company.
