Spanish drug network allegedly laundered money for other crime groups
A joint operation resulted in 27 arrests over suspected cocaine trafficking and laundering through luxury property. Portugal’s criminal police participated.
The investigation began in September 2023 with encrypted communications. According to the Guardia Civil, it led to an organisation allegedly moving cocaine from Colombia and Panama into Europe. Four earlier seizures in Panama totalled more than 1,500kg.
The financial branch allegedly hid its own proceeds and other drug groups’ funds in property developments and luxury villas. Investigators prohibited sales of 95 properties and examined more than one hundred legal entities.
26 arrests took place in Spain and one in the Dominican Republic. Seizures included more than 1.3 million USDT in cryptoassets, vehicles and weapons. Europol coordinated international cooperation involving Portugal’s PJ. The investigation remains open.









































