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Luxury watch shop to the stars including Premier League footballers and rappers has '£10 million worth of stock seized by Britain's FBI in a suspected money laundering probe'

Britain's FBI seized £10million worth of stock during a suspected money laundering probe into a luxury watch shop whose clientele includes Premier League footballers and rapper Stormzy.

The National Crime Agency (NCA) confiscated more than 300 timepieces last year from WatchTrader & Co in a surveillance operation that resulted in four arrests.

WatchTrader & Co, located in Newcastle, allegedly traded timepieces on behalf of clients who were then given payment once the watches are sold, The Sun reported.

Those who claim to own one of the seized watches are now being required to provide a tax return to prove they had 'legitimate means' to buy the designer pieces.