16 May, 2022 @ 20:15
1 min read

International money launderer caught hiding out on Spain’s Costa Blanca

Five arrested in Malaga, Cadiz and Ceuta in an operation against money laundering from drug trafficking in Spain
Cordon Press image

A money launderer wanted by Swedish authorities has been arrested on the Costa Blanca.

The 31 year-old was detained by the Policia Nacional in Torrevieja.

He’s been accused of laundering over €222,000 in March 2020 via an account belonging to an Italian company.

A series of bank transfers involving four collaborators took place.

All of the money came from criminal activity with his efforts aimed at keeping the true source of the cash away from Swedish investigators.

Police heard the fugitive might be hiding out in Alicante Province and tracked him down to Torrevieja.

The Policia Nacional said the launderer has no criminal history in Spain.

He was taken to the National Court in Madrid who handle extradition proceedings.


Haka All Blacks Madrid
Previous Story

WATCH:  New Zealand’s All Blacks perform Haka outside Madrid’s Royal Palace ahead of Spain rugby friendly

Next Story

Blistering weather forecast: Temperatures in Spain to reach historic highs this weekend

Latest from Costa Blanca

Go toTop

More From The Olive Press