27 Apr, 2023 @ 15:00
1 min read

British money launder nabbed on the Costa del Sol after UK government issued Interpol arrest warrant

20230426 Foto Torremolinos police

SPANISH police swooped on a British man on the Costa del Sol after the UK government issued an International Arrest Warrant for him.

The 50-year-old was arrested in the hostel where he was staying in Torremolinos accused of money laundering on April 17.

According to the Interpol warrant, between October 2017 and July 2018, the Brit obtained thousands of pounds through unspecified fraudulent activity.

He then used shell companies to launder the stolen money.

The suspect had received funds from shady investors amounting to a total of £58,000.

It turned out that he was in Spain illegally, having overstayed his 90 day visa and lacking a TIE residency permit.

He was immediately sent before a judge in Madrid, where he is expected to undergo extradition proceedings back to his native UK.

Walter Finch

Walter - or Walt to most people - is a former and sometimes still photographer and filmmaker who likes to dig under the surface.
A NCTJ-trained journalist, he came to the Costa del Sol - Gibraltar hotspot from the Daily Mail in 2022 to report on organised crime, corruption, financial fraud and a little bit of whatever is going on.
Got a story? [email protected]
@waltfinc

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