TWO CRIMINAL GROUPS DISMANTLED FOR LAUNDERING EUR 2.5 MILLION THROUGH SMURFING AND CRYPTOCURRENCIES
Europol has supported the Spanish Guardia Civil and the National Police of Colombia in dismantling two criminal organisations involved in large-scale money laundering.
It is estimated that the EUR 2.5 million have been laundered by using different methods, such as smurfing and cryptocurrency exchanges.
23 members of the group were arrested – mainly from Spain, Colombia and Venezuela -, and another 9 investigated.
12 house searches were carried out - 10 in Spain and 2 in Colombia-, and 2 vehicles seized, alongside mobile phones, computers and banking and financial documents.
Also, numerous virtual wallets used by the criminal organisation to launder the cash were frozen by law enforcement authorities.