Major Crackdown on Money Laundering

» Updated: September 30 2024

» Published: September 25 2024

Major Crackdown on Money Laundering
Photo: Stina Stjernkvist/TT

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Eight people have been arrested in a coordinated raid in Stockholm and Latvia. All are suspected of serious economic crime, reports SR Ekot.

The arrests took place on Tuesday, and the raid was one of the largest operations carried out by the Economic Crime Authority, says prosecutor Sanna Nesser to the radio.

There were over 100 police officers who participated in this operation, she says.

Police, economic crime investigators, and personnel from the national task force participated in the arrests.

The suspects, one Swedish and seven foreign nationals, are now detained on suspicion of serious money laundering and serious accounting offenses. According to the suspicions, they have laundered money, nearly half a billion kronor, which was used for black salaries in the construction industry.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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