⚠️ NEW IN: COLOMBIA ARRESTS FIVE IN $580M MONEY LAUNDERING CASE
Colombian authorities have arrested five people accused of laundering more than $580M in suspected drug-trafficking proceeds through companies, bank transactions and crypto assets.
The network allegedly operated between 2018 and 2026, moving funds through the financial system and virtual assets before converting them into cash and investing in real estate and luxury vehicles.
Authorities also placed seizure measures on 36 assets valued at more than $10.2M, including properties, vehicles, companies and businesses.
The operation was carried out by Colombian authorities with support from the DEA.
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