Latvia’s State Police and its Department of Organised Crime have completed an investigation in partnership with the Prosecutor’s Office of the Rīga District Court into an organised gang which is suspected of major money laundering, LETA learned at the State Police.
Investigators have found information to suggest that members of the gang laundered cash worth some EUR 0.5 billion over a longer period of time.
The suspects bought expensive real estate in Latvia and other countries, invested in the construction of new real estate, and purchased various kinds of luxury goods.
Source: BNS
(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited)
