Two Swedish men have been arrested in the city of Palma on the Spanish island of Mallorca. They are suspected of money laundering through property deals, reports P4 Stockholm.
According to the Spanish police, the operation is part of the work against a criminal gang that has been laundering money from drug trafficking in Stockholm since 2022.
During the raid, the police seized, among other things, a property in Palma valued at one million euros, equivalent to approximately eleven million kronor.
One of the men turned out to be the leader of a criminal gang in Stockholm, and the other man his closest accomplice.
The Spanish news agency EFE reports that the police initially believed the men were on holiday on Mallorca. However, the high standard of living enjoyed by the leader in Palma for an extended period aroused the police's suspicions.
Investigations revealed that the man was running an extensive business empire with properties and two restaurants on the island – he was also in the process of opening a third. The police have also found evidence that the gang planned to buy a luxury yacht to ferry tourists and were looking for more properties to use for money laundering purposes.
A German citizen has also been arrested, suspected of being involved in the criminal network, writes EFE.
