Spanish Government Stops Drug-Money Laundering Ring with Gibraltar Connections

On December 12, 1996, the Spanish press reported the successful penetration and arrest by Spanish police of a money laundering ring in the Spanish Costa del Sol and Madrid. This major network of launderers, whose source of money derives from a drug trafficking operation between Spain and Gibraltar, was penetrated by the Spanish specialized financial crimes task force, under the coordination of a special drug prosecutor ... [more]