New arrest in 'White Whale' EUR 250m fraud
24 June 2005 , MALAGA — A treasurer for a legal company allegedly linked to the EUR 250 million money laundering scam has been arrested.
24 June 2005
MALAGA — A treasurer for a legal company allegedly linked to the EUR 250 million money laundering scam has been arrested.
Named only as Yolanda V.M, she is the girlfriend of Otham S.I. who has already been detained in connection with his alleged links with the fraud involving Eastern European mafias.
She worked as administrator and treasurer in the law firm Fernando del Valle in Marbella accused of laundering money made in drug dealing.
The police operation — codenamed White Whale — has been underway for ten months and has involved cooperation from police forces across Europe and beyond.
So far 53 people have been detained for alleged links to the money laundering fraud.
Among then are two Britons, Spaniards, Moroccans, Israelis, French, Finns, Russians and Ukrainians.
Numerous bank accounts have been frozen, the sale of 251 properties on the Costa del Sol have been investigated, two airships have been seized as well as a boat.
Initially, the Russian oil giant Yukos had been linked to the fraud — a claim the company has strenuously denied.
[Copyright EFE with Expatica]
Subject: Spanish news