The crime organization allegedly laundering money from drug trafficking was busted by the Police Department and 21 people were arrested. Seville and Malaga.
Police believe the network managed to get legal action. 10 million euros Since 2011, mainly through real estate investments in the Costa del Sol and southern Spain, which can now reach 5m euros, as reported this Wednesday.
In addition to investments, he allegedly made fund transfers. Argentina and Uruguay and fictitious business operations in which members of the organization simulate business and activities in which they camouflage money transfers.
Agencies locked real estates worth 5 million eurosinterfered with the records, as well as numerous bank accounts and financial assets, and 130.000 Euro cashwatches and jewelery worth more than their worth 650,000 euros, documentation and computer material.
The investigation began in 2020 when agents identified different suspicious operations and money laundering risks by people with ties to drug trafficking and others. illegal activities.
One of the main persons under investigation allegedly tried to prevent justice from acting on him. estate inheritancewith the cooperation of several members of the family circle as well as other members of the network.
As a result of the examinations made with 35 real persons and 49 legal persons and business and tax analyzes; More than 682 bank accountsintermediaries were able to restructure the organization’s laundering operation.
One of the methods used to launder money is “box unit” (capital flows are always set at interest), in addition to loans to the partner (to justify capital flows), movements of funds, falsification of private lease agreements, or use of unjustified large amounts of cash.