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Russian Mafia Members With Links To British Virgin Islands Money Laundering Arrested In Spain

russian mafia arrests

ROAD TOWN, Tortola, BVI — Spanish police say they have arrested 11 people — mostly Russians and Ukrainians — in an operation targeting foreign organized crime gangs involved in money laundering.

Police said those arrested allegedly ran a network of companies through which they channeled money from Cyprus and Tortola in the British Virgin Islands to buy real estate in Spain.

The group had laundered about 10 million euros ($11 million U.S. dollars).

Police said the arrests took place in the northeastern port city of Barcelona.

Police arrested eight people, mostly Russians, on June 28 and seized property worth around 62 million euros ($68.7 million U.S. dollars) in a similar operation.

russian mafia arrestedered

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 50 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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