More than $1 million in cash has been seized following the search of a business as part of a drug trafficking operation last month in Woodstock.
As previously reported by CTV News, multiple people were arrested and drugs, firearms and cash were seized during a drug trafficking investigation nicknamed Project Delorean on April 23.
A part of the ongoing investigation, Woodstock police say the Street Crimes Unit executed an additional search warrant at a commercial location on Dundas Street in Woodstock on April 24.
Woodstock police seized a loaded handgun and $1,024,720 in Canadian currency, “marking the largest cash seizure in Woodstock Police Service history.”
As a result of the investigation, one of the four individuals previously arrested, a 28-year-old male from Woodstock, has been additionally charged with:
- Possession of proceeds of crime over $5,000
- Unauthorized possession of a prohibited or restricted firearm
- Knowledge of unauthorized possession of a firearm
- Possession of a loaded prohibited or restricted firearm
- Careless storage of a firearm, weapon, prohibited device or ammunition
The accused was held in custody for a bail hearing.
“This seizure represents a significant disruption to criminal activity in our community. Removing illegal firearms and a substantial amount of illicit proceeds reinforces the Woodstock Police Service’s commitment to targeting organized crime and enhancing public safety,” police said in a statement.
