A British woman accused of laundering £1 billion has has been arrested after being on the run for nearly nine years.
Sarah Panitzke, 47, was apprehended in Catalonia, Spain on Sunday (27 February) while walking her dogs.
Spanish authorities claim she was the final member of a crime gang to still be at large, with 16 people already jailed.
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She is accused of laundering money through companies in Spain, Andorra and Dubai for a group that bought mobile phones abroad without VAT and resold them in the UK.
Panitzke, originally from Fulford, near York, appeared in a Spanish court and is in custody while extradition proceedings begin, the National Crime Agency (NCA) said.
She vanished in May 2013 while facing trial for money laundering, and was convicted and sentenced in her absence to eight years in prison.
NCA international deputy director Tom Dowdall said: “Sarah Panitzke has been on the run for almost nine years. Given the length of time, she might have thought we had stopped searching, but she remained on our radar.
“Joint working between UK law enforcement and our partners in Spain led to her being apprehended, and we will now seek her extradition back to the UK to serve her prison sentence.
“This should serve as a warning to others on our most wanted list – we will not rest until you are captured, no matter how long it takes.”
Panitzke had been the subject of a number of most wanted appeals to find fugitives since she vanished.
The Spanish Guardia Civil said she was tracked down to a town near Barcelona in 2015, but she became aware of the police operation to arrest her, so disguised herself and managed to flee.
In February this year, she was tracked down to the small town of Santa Barbara in Tarragona, which has only around 4,000 inhabitants, and put under surveillance until her arrest.
Simon York, director of the Fraud Investigation Service, HMRC, said: “Sarah Panitzke was one of Britain’s most wanted tax fugitives.
“She played a pivotal role in a multimillion-pound VAT fraud and moved millions through offshore bank accounts.
“Panitzke thought she had put herself outside of the reach of HMRC, but through our work with UK law enforcement and international partners we have tracked down another tax fugitive. No tax criminal is beyond our reach.”
