became a man detained Marbella as claimed Leader someone’s crime plan dedicated money laundering through the sale of luxury cars. According to the statement made by the General Directorate of Security, the investigation in Spain started after the operation organized by the police. Belgian authorities held at the beginning of the year Antwerp against a dedicated group drug trafficking. Thanks to this process, a large banking and financial informationanalysis focused on organization Costa del SolIt didn’t take long for the four records to arrive. These include the address of the relevant director and several of his associates, as well as the commercial building where they are offering to sell cars.
To the ringleader, thoughtful”especially dangerous“He was seized by the authorities of his country four guns, 45.000 € cash, miscellaneous cars high and many watches and jewels high valueas well as blocking a feature 600.000 €. After more than two years of investigation, Amount of seized assets 2,300,000 Euro, but the amounts laundered will be much higher. Awaiting trial in pretrial detention in Spain returned Belgium.
Group offered money laundering services to drug dealers, thus making it possible to hide the origin, nature and destination of the funds for purchasing the vehicles and the ownership of luxury cars. According to the investigations, the money from drug trafficking was first collected in Belgium and then used to buy luxury vehicles at much higher prices than this money in other European countries. 100,000 €.
By purchasing these tools, criminals were able to turn money into consumer goods that would serve to hide the source of the money. “Then these cars exported to other countries. Spainre-registered in many cases”, they explained before adding these cars. They were used both to offer them high-quality rentals and for their subsequent sale.thus it becomes money laundered within the financial system.
Police explain that criminals often use high-value goods (cars, boatsluxury aircraft, jewelry or watches) to convert illicitly sourced funds and sell them to third parties into easily laundered funds. These sales give them the opportunity to legitimize a substantial amount of money in a single transaction. “When cash is used as a means of payment, funds are invested in the conventional financial system without determining the origin, which removes traces of the transaction and makes it extremely difficult to trace the origin of this cash. “Buy it,” they said.
for the coordination of this operation. received the support of Europol through the European Financial and Economic Crime Center (EFECC), He was responsible for providing analytical support as well as putting national investigators in touch to prepare a joint strategy and the final phase of the investigation and to agree on EMPACT (European Multidisciplinary Platform Against Crime Threats) funds.