Netherlands’ Regional Financial Team (RFT), a collaborative effort between the police and the Fiscal Information and Investigation Service (FIOD), has arrested two individuals – a man and a woman – from Amsterdam on suspicion of money laundering.
The RFT investigators began to suspect money laundering after many suspicious transactions took place between accounts in South America and the Middle East. Additionally, an investigation by the tax authorities confirmed that the transacted amounts do not match the suspects’ self-reported incomes.
As part of its investigation, the RFT conducted house searches at three addresses in Amsterdam. Subsequently, the authorities seized a home and administration.