Overview

• Seventeen individuals were arrested, with 15 remanded in custody, for money laundering and criminal organization involvement.
• The network, structured with Arabic and Chinese branches, used the hawala system to move illicit funds outside regulated financial channels.
• Over $21 million was laundered through 32 operations in just three months, with transactions involving cash and cryptocurrencies.
• Authorities seized €205,000 in cash, €183,000 in cryptocurrency, luxury goods, vehicles, and 10 properties worth over €2.5 million.
• The operation involved 250 officers executing 13 raids across Spain and Belgium, coordinated by UDEF, UCRIF, Eurojust, and Europol.