LATVIA: MONEY LAUNDERING – POLICE CONFISCATE PROPERTY WORTH €4.5 MILLION

On 11 January, the Baltic News Network reported that Latvia’s State Police have arrested property and finances worth €4.5 million in a criminal process regarding money laundering disguised as flower business.  Criminal operations were disguised under a Riga-based legal business – a flower store.  A search performed at a flower distribution centre in Riga revealed a large amount of illegally procured flowers.

https://bnn-news.com/flowery-money-laundering-police-confiscate-property-worth-eur-4-5-million-220737

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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