SPANISH POLICE BUST MAJOR CHINESE ORGANISED CRIME RING
October 1st, 2012
BY ROBERT STOKES, IN MALAGA
SPAIN is agog at a wave of high-profile arrests in the busting of a Chinese-run money laundering ring estimated to have involved Euro EUR1.2 billion of dirty money. A key aim of the investigation was to stop the economy being distorted by the sale of cheap, fake designer goods through Chinese bazaars. Robert Stokes reports from Malaga.
MORE than three years of investigation paid off for Spanish police in mid-October when at least 83 people were arrested in a crackdown on money laundering by Chinese gangs operating chiefly but not ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.