Two people were arrested and £ 75,000 seized following morning raids in Bolton.
Four properties were targeted in the borough around 6 a.m. Wednesday, December 1.
The warrants came in the wake of an investigation into organized criminal activity.
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Home searches led to the arrest of a 47-year-old man suspected of possession of criminal property.
He remains in detention for questioning.
A 53-year-old woman was also arrested on suspicion of possession of a Class A drug. She was later released under investigation.
Around £ 75,000 in cash, an Audi, designer phones, watches and designer clothing estimated at nearly £ 10,000 were also seized.
The warrants were executed by the Bolton District of GMP and the North West Regional Organized Crime Unit.
An investigation remains in progress.
Detective Sergeant Paul Quinn, of GMP’s Bolton Challenger team, said: “Today’s action and the subsequent arrests and seizures are an important result for GMP and NWROCU and clearly demonstrate the impact and the effectiveness of the partnership between the two teams.
“Although a man remains in custody for questioning, our investigation will continue as we analyze the seized items and continue our investigations over the coming days and weeks.
“I urge anyone who may have information relating to organized criminal activity to contact the police. Our investigations can often be aided by information provided by the public, so if you have any information that could help us please contact the police. . “
Anyone with information should contact the police on 101. Alternatively, details can be forwarded through the independent charity Crimestoppers on 0800 555 111.
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