During a coordinated action day in March 2023, law enforcement arrested five suspects in Belgium, another suspect in Spain, and seized various criminal assets. The criminal network had relied on investments in cryptocurrencies and the distribution of cash via an underground banking system. A main money laundering method was via investment in luxurious real estate projects in the EU, as…
Article Link: Underground drug-money bank laundering EUR 180 million liquidated by law enforcement | Europol