Two men in their 20s and 40s have been sentenced to prison in the Oslo district court for serious money laundering of NOK 35 and 38 million respectively.
Two men have been convicted of serious money laundering of over NOK 30 million. Photo: Terje Pedersen / NTBPublished:
Less than 30 minutes ago
Updated just now
– The extensive investigation has uncovered serious and socially damaging economic crime, which for general preventive reasons is important to punish severely, says police attorney Fredrik Reinertsen at the Oslo police district in a press release.
Both have been convicted of having carried out the money laundering as a participant in an organized criminal group.
The man in his 40s has been sentenced to unconditional imprisonment for five years and three months, while the man in his 20s has been sentenced to imprisonment for four years and four months. In addition, a third person has been sentenced to prison for one year and three months for gross embezzlement of NOK 5 million.
The investigation has uncovered an international money-laundering network that collects cash from the proceeds of criminal acts and takes them out of the country. In the police investigation, it was found that a total of NOK 38 million was collected on 123 occasions in the period December 2022-March 2023.
– It has also been revealed that the money was transported out of Norway using legal goods transport and commercial vehicles on 26 occasions. In the period between collection and transport, the money was kept in a private home in Oslo, the Oslo police write.
The convicts have also been sentenced to confiscation of approximately NOK 15 million, which was seized.
2024-02-20 13:42:25
#men #convicted #money #laundering #NOK #million
