Dutch authorities have arrested two women and two men from Peel en Maas on suspicion of laundering the criminal assets of a previously arrested 60-year-old man.
The authorities searched three homes and a business premises in Peel en Maas as well as a home in Portugal. They have seized cash, immovable property, cars and worth over 4.7 million euros ($5.45m).
Based on the court proceedings against the man whose assets are involved, the assets came from illicit drug trade. Authorities suspect that the man concealed the funds by purchasing buildings and land, and creating companies in the Netherlands. The four suspects presently arrested are likely to have been critical members in this illicit operation.
Source: Fiscal Information and Investigation Service, Netherlands
