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Authorities announce dismantling of Europe-wide fraud and laundering network; 11 arrested in connection with €30M investment scam

By Dan Byrne for AMLi

SEVERAL PEOPLE have been apprehended across Europe Tuesday as part of a coordinated strike against a fraud and laundering criminal network.

The suspects are thought to be responsible for the theft of over €30M by posing as trade brokers and setting up a call-centre specifically to support their criminal efforts.

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