Money laundering family detained in Valencian region

Policia Nacional have dismantled a criminal gang who were responsible for millions of euros worth of money laundering.

Officers carried out raids on 16 properties in the Valencian region, with five Spanish nationals arrested in the joint Europol operation.

The family group is believed to have laundered up to 45 million euros by complex trading between companies owned by the family members.

Properties, vehicles and 35 bank accounts have all been seized during the raids as well as over €21,000 in cash.

Officers investigating the case have said more arrests may be likely in the coming days.



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