Oosterhout – A lot of money and luxury cars have been seized in a money laundering investigation.
The Financial Investigation Team has launched an investigation following reports of suspicious transactions. According to reports, a company on Bredaseweg in Oosterhout deposited millions in cash in the bank. The suspicion of money laundering arose due to an investigation into the origin of this cash. On Tuesday, April 4, 2023, searches took place at several locations in Oosterhout.
Cash was found in several locations. In total, more than 2.5 tons of cash was seized. Part of this amount was hidden in the trunk of a luxury car. Six vehicles, including two luxury passenger cars, and administration were also seized. No arrests took place. The investigation continues.
Financial Intelligence Unit Netherlands (FIU-Netherlands)
The trade in drugs or weapons, fraud, exploitation of people, environmental crime, it almost always revolves around money. Following the money trail has therefore long been a tried and tested method in tackling criminals. The Financial Intelligence Unit Netherlands (FIU-the Netherlands) analyzes unusual transactions that may have a link to money laundering, underlying offenses or terrorist financing in order to contribute to the integrity of the financial system. These unusual transactions must be reported by banks, accountants and traders in goods, among others.
Ban on cash payments above 3000 euros
A bill is being drafted that will ban cash payments of more than 3,000 euros. Read more here. https://entrepreneursplein.kvk.nl/verbod-op-cash-payments-boven-3000-euro/
Information source: Politie.nl