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NEWS: Dutch prosecutors seek jail sentences for Dubai-based brothers accused of laundering €10M

Premium November 20, 2024

Cash in euros. Image: OM
Photo for illustration purposes only

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BY PAUL O’DONOGHUE, Senior Correspondent

THE Dutch Public Prosecution Service (OM) has sought prison sentences of seven and four years for two brothers accused of laundering over €10 million through underground banking. 

The brothers, aged 35 and 31, allegedly operated an international network from Dubai, overseeing brokers and couriers who moved millions in illicit funds between the Netherlands and the UK.

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Premium

NEWS: Senator Elizabeth Warren urges US Fed to keep Wells Fargo asset cap, claims AML issues not fixed

 Premium

NEWS:  UK’s Serious Fraud Office drops Bombardier bribery investigation, result branded ‘disappointing’

 Premium

NEWS: Influencer Heather ‘Razzlekhan’ Morgan sentenced to 18 months in prison for role in Bitfinex theft 

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