An enormous 'narco-bank' providing financial services to gangsters in more than 20 countries across Europe has been taken down in a series of raids across Spain.
The huge operation took place across Malaga and Toledo on September 27, and involved more than 200 law enforcement officers at 21 separate locations; resulting in 32 arrests and the seizure of assets worth close to €3million.
According to Europol, the network consisted mainly of Syrian nationals providing services to criminal organisations involved in international drug trafficking. The gang, active since 2020, is believed to have laundered more than €300million per year.
