Four arrested in Dutch money-laundering swoop

On Monday police in the Netherlands arrested four men as part of an ongoing investigation into money laundering and illegal earnings totalling €110 million, the Dutch national prosecutor has reported. 

In a statement released through its website yesterday, the prosecutor – the Openbaar Ministerie, or OM – said the arrests related to the large-scale laundering of profits from illegal online gambling in the Dutch market .

The suspects are not named by OM but confirmed as two brothers aged 33 and 35 from Geldrop and Terneuzen respectively, a 35-year-old from Best and a 60-year-old from Turnhout, reportedly financial advisor to the other three suspects.

Following Monday’s arrests, the four went before the magistrate in Den Bosch yesterday and have been detained for two weeks.

The statement, issued in Dutch, states: “They are suspected of participation in a criminal organisation, money laundering, forgery and breach of the Betting and Gaming Act. The financial benefit to the criminal suspects is estimated at €30m to €50m.”

The statement also references the seizure, in May 2013, of “80 houses and business premises in the Netherlands, Belgium, Spain and Germany” as well as “the contents of the homes of suspects and more than 100 bank accounts.”

The prosecutor has, the OM statement reports, sought assistance in the investigation from Spain, Cyprus, Belgium, Panama, Costa Rica, Malta, Sweden, Germany, Switzerland, Great Britain [sic] and Alderney.

The digital information seized to date runs to a reported 25 terabytes.

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