A drug dealer extradited from Spain pleaded guilty to smuggling cocaine and heroin after police confiscated property worth around £1.5 million.
Richard Baxter (50) also pleaded guilty to money laundering and was a key member of a gang that distributed hundreds of kilograms of Class A drugs, Metropolitan Police he said.
He pleaded guilty at Kingston Crown Court on Friday and will be sentenced on December 5.
Police said the drug money was laundered through various companies in an attempt to hide the source.
Baxter was arrested by Spanish police in Valencia, and British officers said he had a house in Surrey and several other properties in southeast England, including a holiday home.
All of them have already been detained.
Stay up to date with the latest news from the UK and around the world by following Sky News
Click here
Detective Constable David Lawn, who led the investigation, said: “We have zero tolerance for anyone engaging in criminal activity and are committed to tackling the sale of dangerous and illegal drugs that pose a risk to the public.
“The Met is deploying specialist resources to tackle drug crime and make the capital a safer place to live.”
Read more from Sky News:
A former detective gets 19 years for stealing cocaine from work
The Blackpool boss will miss the match following the death of his young grandson
DC Lawn added: “Baxter’s conviction sends a strong message to those who seek to profit from the illegal drug trade: you will be held accountable for your actions in court.”