Netherlands police and the Fiscal Information and Investigation Service (FIOD), in a collaborative effort termed as a Regional Financial Team (RFT), have arrested two Rotterdam residents (both male) in a money laundering investigation. The authorities suspect that the detainees embezzled large amounts of money.
The authorities searched the homes and commercial premises of both the suspects as part of the investigation. In the process, they seized the two houses, cash over 81,000 euros ($96,396) and cryptocurrencies worth over $1 million. The officials have interrogated the two men and released them from custody since. However, both are still suspects in the investigation.
The RFT suspected money laundering after the suspects received several irregular deposits from abroad into a local bank account. Since the investigation is ongoing, more arrests may soon follow. Source name: Financial Information and Investigation and Service, Netherlands