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[CRIME] · Spain · 11 sources

Guardia Civil dismantles 8.6 million euro cocaine laundering network

The Guardia Civil, in coordination with Europol, has dismantled a sophisticated financial network used to launder cocaine trafficking profits in Spain through Operation Omnis. The investigation targeted the economic structure linked to the Sánchez Castro brothers, José Carlos and Antonio Jesús, who remain international fugitives.

Authorities identified a complex system of shell companies, front persons, and simulated financial operations designed to give a legal appearance to illicit funds. Investigators analyzed 478 bank accounts and over 228,000 transactions between 2022 and 2024. The network is suspected of laundering more than 8.6 million euros.

A significant finding revealed that over 3 million euros were diverted to pay judicial bails for members of the criminal organization previously targeted in Operation Jumita. The operation resulted in 44 arrests, with 12 individuals placed in provisional prison. Judicial authorities also ordered the freezing of accounts for 32 individuals and 26 companies, alongside the seizure of 42 properties and 17 vehicles.

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Algeciras · Antonio Jesús Sánchez Castro · Europol · Guardia Civil · José Carlos Sánchez Castro

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