Europol has identified 821 particularly threatening criminal networks with more than 25,000 members in the European Union. These networks are able to infiltrate the legal economy to hide their activities and launder their criminal profits. The report highlights the example of an Italian businessman involved in drug trafficking and money laundering, who manages various businesses across Spain.
Criminal networks in the European Union are penetrating legal businesses across the 27-nation bloc and rely heavily on corruption to develop their activities. That's the bleak picture emerging from a report published Friday by the EU crime agency. Europol has identified 821 particularly threatening criminal networks with more than 25,000 members in the bloc.
According to the agency, 86% of those networks are able to infiltrate the legal economy to hide their activities and launder their criminal profits.Europol cited the example of a gang leader identified as an Italian businessman of Argentinian origin residing in Marbella, Spain. The individual specialized in drug trafficking and money laundering and manages several companies, including one that imports bananas from Ecuador to the EU. He also owns sports centers in Marbella, commercial centers in Granada and multiple bars and restaurants, it sai
Criminal Networks European Union Legal Businesses Corruption Europol Drug Trafficking Money Laundering
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