Nine arrested in Cadiz in an operation against laundering money from drug trafficking
A joint operation by the Civil Guard and the National Police has resulted in nine arrests. The individuals arrested were laundering money through a tourist complex they built with money earned from drug trafficking.
La dirección de esta página ha sido copiada en su portapapeles
National Police and Civil Guard officers have searched the homes of the members of the network, who they suspect launder drug trafficking money in tourist investment. Marijuana plants were found in the homes, and 50 kilos of hashish and hundreds of thousands of euros in cash have been seized. The properties are valued in excess of 2 million euros.
The modus operandi was simple. With the money from drug trafficking, the network invested in tourist infrastructures, accommodation and restaurants to launder the capital. The ringleader, who has a record for cocaine trafficking, was arrested at one of the homes. While in prison his mother, a pensioner, was involved in purchasing land valued at 250,000 euros. The network used the data of customers staying at their establishments to launder money.
