Spanish real estate new focus in major European money laundering scheme

Spanish real estate has become the focus of the probe into the money laundering case linked to the death of Russian attorney Sergei Magnitsky. A portion of the $230 million at the heart of the scheme, which started in Russia and moved through bank accounts in other European countries, was eventually poured into Spanish real estate, state prosecutors wrote in a complaint filed in a Madrid Court, Bloomberg reported. The Spanish authorities allege that since […]

source https://therealdeal.com/2019/04/21/spanish-real-estate-new-focus-in-major-european-money-laundering-scheme/