Swede suspected of leading international
Photo: Janerik Henriksson/TT

Swede suspected of leading international money-laundering ring arrested in UAE

A Swede, identified as the leader of an international money-laundering ring, has been arrested in the United Arab Emirates, police wrote in a press release.

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The police do not specify when the arrest took place but tell TT that it occurred "recently".

Swedish police have cooperated with the Emirati Ministry of Interior in the arrest of a person who was wanted by Interpol.

Six more people suspected of being part of the same network have been arrested in Sweden.

The network is suspected of handling approximately 70 million Swedish kronor over a period of ten months. Cash is said to have been collected from criminal activities and passed on to other criminal actors via cryptocurrency.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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