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نداء الوطن
UAE and Sweden Break Money Laundering Ring
The United Arab Emirates and Sweden succeeded in dismantling an international money laundering network, arresting the Swedish kingpin who is wanted internationally for his involvement in money laundering crimes, along with six of its members within Sweden. Over the course of ten months, the network handled approximately 70 million Swedish kronor (around 26.5 million AED), through cash transactions and rerouting funds to other criminal entities, utilizing cryptocurrencies to enhance financial transfer operations. The operation was the result of direct security cooperation between the two sides, highlighting the effectiveness of information exchange in tracking international networks and preventing the use of territories for money laundering.
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