In early November 2020, the French National Gendarmerie ended its 18-month long investigation of a large-scale money-laundering network. The French authorities received operational and analysis support from Europol throughout the investigation.
The criminal network collected drug trafficking proceeds in France and Spain and transported it to Morocco, hidden in transportation trucks and cars. Authorities believe that the criminal network laundered over €90 million ($107m) each year.
Since 2019, the authorities have made 18 arrests and seized assets worth €4 million ($4.75m) in different raids. The assets include €2.5 million ($3m) cash, three apartments, several vehicles, bank accounts and large quantities of cannabis and cocaine.
Source: Europol