Nautical companies “used as fronts for laundering” drugs money”
The Civil Guard has dismantled in Andalusia an organisation dedicated to the laundering of proceeds from drug trafficking. Two nautical companies based on the Costa del Sol and the Bay of Cádiz have been closed and their administrator is already in prison.
Operation Dolmen was initiated following two seizures of 5.5 tons of hashish in Malaga and Cádiz, for which 20 people were arrested. A subsequent financial investigation linked the suspects to the nautical companies that supply high-end vessels to criminal organisations dedicated to the traffic of hashish.
In the development of the operation, the Civil Guard has carried out eight searches in the towns of Cadiz, San Fernando, Puerto Real, Chiclana and Jerez de la Frontera and one in Estepona (Malaga). As a result of these records, 120,000 euros in cash and two semi-rigid high-speed boats have been seized.
In addition to the two companies, there are a total of 69 people involved in the crime of money laundering, some of them linked to other nautical activities in the Campo de Gibraltar.
“The large amount of money allowed the administrator to have an economically viable company and acquire various real estate properties. This person would have laundered in the last five years funds from drug trafficking worth 2.75 million euros.” said a police spokesman.