Spanish Guardia Civil break up gang that laundered €2.75 million of drugs money

0
DRUG BUST: A total of 69 people are reported to have been involved in the money laundering operation. Photo: Shutterstock


THE Guardia Civil has broken up a criminal organisation that allegedly laundered €2.75 million of drugs money.

They have now closed two companies in the nautical sector whose administrator is being held in custody awaiting trial.

Codenamed Dolmen, the operation began as a result of two seizures of 5.5 tons of hashish in Malaga and Cadiz, for which 20 people were arrested.

Investigators launched an investigation into the finances of two companies that supplied high-powered boats to the drugs smugglers.

The Guardia Civil carried out eight searches in the towns of San Fernando, Puerto Real, Chiclana and Jerez de la Frontera and one in Estepona (Malaga), seizing a total of €120,000 in cash and two high speed launches.

A total of 69 people are reported to have been involved in the money laundering operation where large sums of ‘black’ money were passed through company accounts and then used to make property investments.

LEAVE A COMMENT

Please enter your comment!
Please enter your name here