Money Laundering – Spain Busts ‘Biggest’ European Drugs Network

Ralph Money Laundering Leave a Comment

MADRID Spanish police announced on Monday the seizure of €25 million in cash and the arrest of 20 people in an operation against “the biggest money-laundering and drug-trafficking network in Europe.” A total of 16 people were detained in Spain and four in the United States, said the police, who worked in cooperation with the FBI and judicial authorities in …

15 Arrested in £200Million Money Laundering Scam

Ralph Money Laundering Leave a Comment

Officers from HM Revenue & Customs (HMRC) investigating suspected money laundering offences in excess of £200 million have arrested 15 people during early morning raids across the North West, Yorkshire and Nottinghamshire today. Around 250 investigators from HMRC, assisted by officers from a number of police forces, carried out over 20 property searches in Rochdale, Manchester, Bradford, Southport and Nottingham …

Heroin ring laundered drug money through luxury cars and real estate

Ralph Money Laundering Leave a Comment

CLEVELAND, Ohio — Jimmie Goodgame lived in a $800,000 house, controlled bank accounts with more than $1.5 million in deposits and had title to dozens of luxury cars, federal prosecutors said, but he didn’t have the income to justify his lifestyle. Goodgame, 41, who lives in a gated community of Solon, was among eight people indicted Thursday by a federal …

Swiss open money-laundering Russian tax probe

Ralph Money Laundering Leave a Comment

Swiss prosecutors have opened a criminal investigation into suspected money-laundering after a U.S. investor claimed that Russian tax officials used Swiss bank accounts to engage in fraud. The probe was launched March 7 after Switzerland’s Money Laundering Reporting Office received a complaint from a law firm on behalf of the London-based Hermitage Capital Management, the federal prosecutors’ office said Friday. …