A man was arrested on suspicion of money laundering after he was found with a large quantity of cash at LF Wade International Airport on Saturday.

A spokesman for the Bermuda Police Service said police and the Department of Customs had carried out a joint operation at the airport, which resulted in the arrest of a 58-year-old Mexican national.

In addition to suspected money laundering, the spokesman said the man was also arrested in relation to investigations into “other outstanding matters.”

He explained: “The Bermuda Police Service Financial Crime Unit, assisted by the tactical division, gang targeting and drug units, later executed Proceeds of Crime Act search warrants, at residences in Devonshire and Paget.

“More than $17,000 in cash was seized, and two persons arrested.

“The team also seized a quantity of controlled drugs and several high-value items, suspected to be the proceeds of criminal conduct.”

Detective Superintendent Sherwin Joseph of the crime division said: “Laundering the proceeds of criminal conduct can cause significant social and economic harm to our community by fuelling organised crime networks.

“We will continue to work with our partners at LF Wade International Airport to detect, disrupt and dismantle money-laundering operations.”

The spokesman added that the investigation into the matters was continuing and that no additional information would be released at this time.