BREAKING NEWS

Police crack drug import and money laundering ring

JULY 26, 2010 18:08

Police on Monday arrested seven people they suspect of running a large-scale drug import and money laundering operation.

Early Monday morning, over 100 police officers raided the houses of the suspects and took all seven in without incident. Police said that the case was cracked following a five-month operation carried out by the Negev branch of the YAMAR special investigative unit.

Police believe that over at least the past three and a half year the suspects imported cocaine from South America to Israel by way of couriers, and then used money changing facilities to launder the proceeds.

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