"The goal: to make it impossible to trace illicit funds. To that purpose, the drug trafficking group that smuggled 13 tons of cocaine through the port of Algeciras (Cadiz) the largest haul ever seized in Spain allegedly had an extensive network of money launderers in place to move the enormous sums of money it generated. According to an investigation by Spain's Audiencia Nacional, a high court with jurisdiction over major crimes, this international web of collaborators included a Russian influencer,"
"The name of Francisco Joaquin de Borbon von Hardenberg, 47 the youngest son of the late Duke of Seville and a distant nephew of Spain's King Emeritus Juan Carlos I has surfaced in the investigations that are closing in on Ignacio Toran, an alleged drug kingpin based in Spain, and Oscar Sanchez, ex-chief inspector of the Spanish police's Economic and Fiscal Crime Unit (UDEF), arrested in 2024 with more than 20 million in cash (some of which was concealed behind the walls of his home)."
"The Madrid-born aristocrat was arrested on February 2 at his home in Marbella after the police identified him as one of the pawns used by the criminal organization to launder several million euros. There is reasonable evidence against him, concludes Francisco de Jorge, a judge who sits on the Audiencia Nacional and who on Wednesday released De Borbon on bail of 50,000, after confiscating his passport and prohibiting him from leaving the country."
A drug trafficking group smuggled 13 tons of cocaine through the port of Algeciras, the largest haul ever seized in Spain. An extensive international money-laundering network moved the profits, involving a Russian influencer, a Marbella jeweler who sold luxury watches to soccer players, and a member of the Bourbon dynasty. Francisco Joaquin de Borbon von Hardenberg, 47, was linked to the operation and arrested in Marbella after investigators identified him as a pawn used to launder several million euros. Co-accused figures include alleged kingpin Ignacio Toran and former UDEF inspector Oscar Sanchez, who was arrested in 2024 with over 20 million euros in cash. A judge released De Borbon on 50,000 bail, confiscated his passport, and barred him from leaving the country.
Read at english.elpais.com
Unable to calculate read time
Collection
[
|
...
]