Two Britons arrested in money laundering scam
25 April 2005, MALAGA-Two Britons have been arrested as part of the Spanish police operation against a multi-million euro money laundering scam operated by Eastern European mafias.
25 April 2005
MALAGA-Two Britons have been arrested as part of the Spanish police operation against a multi-million euro money laundering scam operated by Eastern European mafias.
The pair, who were partially identified as Harvey Jeffrey L. and Karen L. were said to have fled Britain in 2001 after being sought in connection with financial scandals.
The pair, who were expected to appear in court in Malaga, are the latest detainees in a police operation –codenamed White Whale - which is centred on a law firm in Marbella, in the Costa del Sol.
They are both said to be linked to part of a EUR 250m money laundering scam allegedly operated by the law firm Fernando del Valle.
Eastern Europe mafias were said to have channelled millions of euros through this firm.
So far 48 people have been arrested as part of the operation, lead by the Spanish national police force but also involving forces from across Europe and beyond.
Last week, a bank worker who had worked for an agency in Gibraltar was arrested, though authorities in the British colony denied that he had been employed there.
So far, among those detained have been Spaniards, Moroccans, Israelis, French, Finns, Russians and Ukrainians.
The Russian oil giant Yukos has been implicated in the money-laundering scam, though this allegation was strongly denied by the company.
[Copyright EFE with Expatica]
Subject: Spanish news