Police find €500k in bags; 3 held for money laundering

no image
No image availableNL Times

Police the Amsterdam arrested three suspects on suspicion of money laundering after finding 500,000 euros in cash. The majority of the money was found in a gym bag and a shopping bag in one suspect's temporary residence.

The arrest happened on December 7 when detectives from a national police office broke up a meeting between the three men, finding 80,000 in a backpack. Of the three taken into custody, two are Albanian, aged 30 and 34. The third is a 40-year-old Lebanese person.

Following the arrest, police searched the Lebanese man's abode, finding the remaining 420,000 in two bags.

A magistrate was scheduled to decide on Thursday if the detention of the older Albanian and the Lebanese person should be extended. Police released the younger Albanian.