The deputy mayor of a Spanish coastal resort has been arrested as part of expanding inquiry into money laundering.
Josep Valls was taken into custody over claims he used a local football club in Lloret de Mar on the Costa Brava as a front for a Russian mafia multi-million euro operation.
Detectives believe the network is linked to one of the ten criminals most wanted by the FBI. Four people have already been detained over the affair including Russian estate agent, Andrei Petrov, who’s the presumed head of the laundering ring.
During his arrest on Friday, police found a Kalachnikov rifle at his home. Authorities believe the funds come from Russia and passed through a third “fiscal paradise country” before being used to buy property and fund other diverse investments on the Costa Brava.
Copyright © 2013 euronewsMore about:
- 10:11 CET South Africa remembers Mandela with day of prayers
- 08:13 CET Thai PM proposes referendum on her future as protesters prepare…
- 08:05 CET Al Qaeda thrives in Yemen amid weak security, stalled dialogue
- 04:32 CET South Korea to make announcement on air zone; expansion is…
- 02:18 CET Bashir announces resignation of Sudan vice president – state media
- 00:42 CET Obama defends interim Iran deal, seeks to assure Israel
- 00:00 CET French, African troops try to halt Central African Republic…
- 23:19 CET Rising power India sees no US-style Gulf security role