Police investigating DSS founder Kerron Clarke pawn shop licences

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Police investigating DSS founder Kerron Clarke pawn shop licences

Police are conducting inquiries into the granting of a pawn shop licence to Drug Sou Sou founder Kerron Clarke aka Prezzy.

Clarke was held and charged wit two counts of money laundering earlier this year stemming form investigations into his Drug Sou Sou which ended after police raided his operation and seized more than 7 million dollars.

The DSS founder announced his latest business endeavour, A to Z Pawn Shop, in an Instagram post.

The social media post showed three licences in his name which permitted him to conduct business as a money lender, a pawn broker and a dealer in precious metals, gems and stones.

Acting police Commissioner McDonald Jacob said police are investigating the legitimacy of the pawn shop and the granting of the licences.

The State has applied to confiscate the money seized from Clarke under the Proceeds of Crime Act.

The application, which was made a month ago, comes after the State was allowed to detain the cash, since October last year.

The matter is expected to be heard in January 2022.

Meanwhile, Clarke may soon have to make another court appearance after Acting CoP, Jacob confirmed to Guardian Media that the investigation into DSS is completed.

The information has been forwarded to the DPP who will decide whether charges should be laid or not.