Police find 2.2m euros in cash in money-laundering raids
Police investigating a massive drugs cartel found a staggering 2.2 million euros in notes in three home in Madrid, they have revealed.
Twenty-three people have been arrested on suspicion of drug trafficking and money laundering. They are believed to be members of the Spanish branch of a Latin American group.
The joint operation was carried out by the National Police and the Civil Guard who also seized eight cars worth 250,000 euros, jewellery and three firearms.
The 2.2 million euros was found in vaccum packs of notes of 50 euros to 500 euros which were hidden in various places, including a safe hidden between a cupboard.
The money was gained through the sale of cocaine which was smuggled by human mules. In the early part of the operation, 2.25 tonnes of cocaine was seized from a sailboat in French territorial waters. One of the cars also had a hidden comartment for the transport of drugs.
Around 600,000 euros was found stashed in a house owned by one extended family who lived in luxury despite not doing any work.