Tuesday 23 July, 2019

Two men to appear in court charged with money laundering

Two foreign nationals who were arrested as part of an investigation into the movement of gold through the Cayman Islands have been formally charged with money laundering.

The men, age 25 and 26 from Venezuela, are scheduled to appear in court this morning, July 2.

Two other men who were arrested as part of the investigation have already been formally charged with Smuggling. 

The arrests came following a joint probe by the Royal Cayman Islands Police Service and Cayman Islands Customs and Border Control Service.

As a result of the investigation, a small private plane along with a large quantity of cash was seized in Cayman, and four foreign nationals were arrested.

 

The investigation was conducted in conjunction with law enforcement agencies in other international jurisdictions.

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