The Chinese mafia-linked money-laundering ring smashed on Tuesday “distorted the functioning of our economy,” said the director general of police, Ignacio Cosidó, in a press conference Wednesday.
The network is believed to have defrauded up to 1.2 billion euros. Authorities have so far recovered 11.6 million in cash, as well as jewels, works of art and vehicles. Interior minister Fernández said there would be more arrests, including at least one “well-known name.”
More ………. El Pais
