money laundering

Amsterdam city center
Dec 13 '18 14:20

Mayor Femke Halsema invited a group of Amsterdam retailers to the city hall on Friday to discuss how they can reduce cash transactions. The Public Prosecutor and the Tax Authority will also take part in the meeting, the Telegraaf reports.

In her invitation, sent on Monday, Halsema points to the criminal use of cash. "Because cash leaves no traces, it is misused by non-honest consumers to launder illegally obtained funds", she wrote. She believes that fewer cash transactions could lead to a safer city.

Satudarah
Dec 11 '18 15:10

The Satudarah chapter in Geleen threatened to commit a slaughter in the city if the police raided the outlaw motorcycle gang's clubhouse. Messages intercepted by the police show that the motorcycle gang threatened to throw hand grenades into a bar with a hundred or more people inside, was revealed during the first hearing against seven members of Satudarah Geleen on Monday, NU.nl reports.

Euros
Dec 5 '18 15:40

Business man Bill Browder pressed money laundering charges against a number of banks and businesses in the Netherlands. The Pubic Prosecutor is currently investigating the charges to see if criminal prosecution is justified, RTL Nieuws reports.

A PostNL van
Nov 29 '18 08:27

Criminals abuse PostNL's parcel delivery system. The network of subcontracted package delivers are misused by criminals for things like drug transports and money laundering, Financieele Dagblad reports.

In 2014 PostNL CEO Herna Verhagen was warned about the vulnerability of courier- and parcel delivery companies, according to the newspaper. These businesses are vulnerable to threats, intimidation, money laundering, drug trafficking and and bribery, FD writes. 

Nov 23 '18 14:00

A 24-year-old in Amsterdam maybe took the term money laundering too literally. The police found 350 thousand euros in cash in his washing machine. He was arrested on suspicion of money laundering, Het Parool reports. 

The money was found while the police searched the home on Oeverpad in Amsterdam Nieuw-West, which is supposed to be vacant according to municipal records. The suspect was in the home at the time and arrested.

In addition to the cash, the police also found a firearm, money counting machines and a number of mobile phones. 

Nov 7 '18 08:55

The Dutch police made a breakthrough in intercepting encrypted messages between criminals. They gained access to the server of chat app Ironchat and could read messages sent between criminals as they were sent, the police announced on Tuesday afternoon. Over a hundred suspects were identified and many arrests will follow, NU.nl reports.

Terrasjes in Amsterdam
Nov 7 '18 08:19

Amsterdam is using a new method to crack down on money laundering in the hospitality industry. The administrative court ruled that the burden of evidence can be switched. Which means that Amsterdam can ask new restaurants or pubs to prove their money is clean before issuing a permit, NOS reports.

Euros
Nov 5 '18 13:50

Every year around 16 billion euros is laundered in the Netherlands, 90 percent of which come from drug trafficking and fraud, researchers at Utrecht University found in a study commissioned by the the scientific research and documentation center WODC. Fraud is increasing and the under- and upper world are becoming increasingly intertwined, the researchers warned in Trouw.

No Surrender
Oct 25 '18 15:20

The court in Breda sentenced , founder of outlaw motorcycle gang No Surrender, to six years in prison on Thursday. He was found guilty of extortion, assaulting and threatening two car dealers, and laundering 1.3 million euros, NOS reports.

Euros
Sep 26 '18 07:56

Multiple banks under the supervision of Dutch central bank DNB are too lax when it comes to countering money laundering, according to the regulator. Minister Wopke Hoekstra of Finance asked the DNB to look into this after ING was slapped with a massive settlement for this same reason. He informed parliament about the results of the DNB investigation on Tuesday, ANP reports.

Amsterdam_Zuidoost_ING-Bank_02_PM07
Sep 4 '18 08:56

The Public Prosecutor reached a settlement of 775 million euros with ING. The bank allowed customers to abuse their accounts for the laundering of hundreds of millions of euros between 2010 and 2016, NOS reports.

The amount of the settlement consists of a 675 million euros fine and a reimbursement of 100 million euros. According to the Public Prosecutor, ING did not properly fulfill its role as gatekeeper of the financial system and was negligent in preventing money laundering.

300 kilos cocaine found on a Dutch yacht near Mallorca
Aug 22 '18 14:00

Four Dutch and a German were caught with 300 kilograms of cocaine on a yacht near Mallorca on Sunday. They were arrested by the Spanish authorities, NOS reports.

collegas-op-straat
Jul 18 '18 15:40

The police 2.2 million euros in cash last week during a search in Dido Events center in Amsterdam-West. Multiple members of the family that runs the event center were arrested on suspicion of money laundering and weapons possession, De Telegraaf reports.

According to the newspaper, the authorities previously kept an eye on Dido because of many known criminals attending parties at the center. The center was closed for a time, but reopened early last year and was soon filled with members of the Dutch underworld, the Telegraaf writes.

Police officer holding a cannabis plant
Jun 28 '18 10:01

The Public Prosecutor calculated that Noord-Brabant coffeeshop chain The Grass Company's illegal turnover amounted to over 20 million euros. The Prosecutor wants the company to pay that entire amount back, the company's lawyer Sidney Smeets confirmed to ANP after reports in Brabants Dagblad. 

The Public Prosecutor confirmed that a confiscation procedure has been initiated, but would not say anything about the amount involved, according to the news wire. 

ABN Amro World HQ
Jun 27 '18 07:56

The Belgian branch of ABN Amro ignored signals that controversial clients may be involved in money laundering and did not do any extra research into these clients because of such signals, Trouw reported on Wednesday based on internal ABN Amro emails the newspaper has in its possession.

Mossack_Fonseca_sign
Jun 21 '18 08:10

Mossack Fonseca, the Panamanian company that stood central in in the, did not know who its customers were in many cases. A new leak from the company contains 180 new Dutch names, NOS reports.

€220,000 found in a trash can in a home on Philip Vingboonsstraat in Rotterdam, 5 June 2018
Jun 7 '18 12:10

The police arrested three men in Rotterdam for money laundering after discovering 220 thousand euros in cash in a trash can in a home on Philip Vingboonsstraat.

Surveillance officers spotted a suspicious car on Boezemweg on Tuesday evening. They decided to follow the car. On Philip Vingboonsstraat the passenger of the car got out, took a package from a man at the door of a home, and got back into the car.

Mark Rutte, January 2016
May 8 '18 11:50

Dutch banks and insurers will soon place all prominent politicians and their immediate families under stricter supervision in an effort to prevent bribery, fraud and support to terrorists. Financial institutions will receive the instruction to keep a closer eye on the Netherlands' rulers this summer, newspaper AD reports.

Any transactions that raise suspicions of, for example, money laundering or taking bribes must be immediately reported to the Financial Intelligence Unit Nederland, which falls under the National Police.

Apr 26 '18 08:49

An employee of the police was suspended in a malpractice investigation into police union ANPV, a police spokesperson confirmed to ANP. Two former board members of the union are suspects in this case.

The police spokesperson would not tell ANP who the suspended employee is. The Telegraaf identifies the employee as Leatitia R., a former board member of ANPV who is currently working with job applicants at the police. According to the newspaper, she is suspected of embezzlement, money laundering and forgery. 

aanhouding-handboeien-2
Mar 15 '18 15:20

A cryptocurrency farm was found in a commercial building on Kempenbaan in Rijen on Wednesday. The tenant, a 37-year-old man from Tilburg, was arrested on suspicion of theft of electricity and money laundering, BN De Stem reports.

The police decided to look into the building due to its extremely high electricity consumption. "We were actually expecting to find a cannabis farm", a spokesperson said to the newspaper. Instead, officers found dozens of computers in the warehouse, all mining cryptocurrencies. 

Police
Mar 7 '18 11:20

On Tuesday the police and municipality of Amsterdam searched over 40 homes on Houtmankade as part of a joint action against housing fraud, money laundering, identity fraud and drug trafficking. A total of seven people were arrested, the police said in a statement.

The homes visited are all located in a housing block on Houtmankade and Houtmanstraat. The homes were visited based on signals received by the municipality.

Three people were arrested on suspicion of money laundering. Four others were arrested for hard drug possession. 

Amsterdam_Zuidoost_ING-Bank_02_PM07
Feb 27 '18 08:44

The Dutch and American authorities want ING to provide insight into future corruption risks as part of a settlement on four money laundering and fraud cases against the Dutch bank. The authorities hope that additional monitoring will reduce the risk of ING getting involved in such corruption cases again, the Financieele Dagblad reports.

Bitcoin
Feb 22 '18 12:00

The Public Prosecutor demanded 5 years in prison against a 38-year-old British man accused of laundering around 11.5 million euros in bitcoins between 2014 and 2016. The money likely came from the illegal trade in drugs and other prohibited goods on darkweb markets, the Public Prosecutor said on Wednesday.

B92-ECUCMAA9Z8t
Feb 19 '18 15:50

The court in Den Bosch sentenced former police officer to five years in prison on Monday afternoon. The 31-year-old man from Weert was found guilty of selling confidential police information to criminals for years, thereby earning at least 80 thousand euros. The sentence is

Pages

Subscribe to