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Cars and yacht seized in laundering probe

Nicola Hebden · 2 Jul 2012, 10:04

Published: 02 Jul 2012 10:35 GMT+02:00
Updated: 02 Jul 2012 10:04 GMT+02:00

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A two-year investigation into a money laundering scheme, involving €1.7 million of goods being seized, has been concluded with the arrest of a 53-year-old local businessman in the Toulouse area.

Mohammed C, as he is being called in French press, 53, from Auvillar, just north of Toulouse, is thought to have been head of an organised gang.

Over the past two years of investigation, authorities have seized a yacht and a lamborghini, as well as two night clubs, a bar-restaurant and two properties in the Toulouse area.

Suspicions about Mohammed C’s income were first aroused when the tax office realised his declared income was far too small for the luxuries he had bought himself.

But throughout the last two years of investigations the authorities could not charge him with anything concrete - the self-proclaimed businessman had the region’s best lawyers, and a complex system of businesses to unravel.

In total,authorities say the man had 10 business, involving a 12 other people six of whom were arrested in 2010.

Nicola Hebden (news.france@thelocal.com)

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