37-year-old man detained in Braga linked to money-laundering network
The PJ arrested a foreign individual in the district of Braga, identified as a member of an organisation that laundered 5.5 million euros. The man was subject to a Belgian arrest warrant.
37-year-old man detained in Braga linked to money-laundering network
Portuguese authorities have detained a 37-year-old foreign citizen in the district of Braga. The man is suspected of being part of an organisation that laundered substantial sums through false documentation.
The arrest took place pursuant to an arrest warrant issued by Belgian authorities, as the defendant was required to serve a sentence of three years and four months in prison for the offences of criminal association and money laundering.
According to the investigation, between 2019 and 2023, the network to which he belonged used the issuance of non-existent invoices to conceal financial movements between various companies. Through this scheme, they managed to hide the origin of 5.5 million euros.
After being detained, the suspect was brought before the Court of Appeal of Guimarães. The judge imposed the most severe coercive measure, ordering that he remain in pre-trial detention whilst preparations are made for his extradition proceedings to Belgium.
Source: Correio da Manhã
Source: Correio da Manhã