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Spanish police arrest ex-fraud chief after €20M found in walls of his house


Investigation into country’s largest cocaine bust reveals cash in home of former head of anti-money laundering

During the raid, police found the €20m, in cash, hidden in the walls and ceilings of the couple’s home in Alcalá de Henares, a town of about 195,000 inhabitants located 18 miles (30km) east of the Spanish capital. The couple have been charged with drug trafficking, money-laundering, corruption and membership of a criminal organisation after last week appearing before a Madrid court, which remanded them in custody, a judicial source said. Part of the money Sánchez Gil amassed in recent years was laundered through the purchase of crypto-currencies and a large fleet of private hire vehicles registered in the name of one of his relatives, El Mundo reported.

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