Dominican Antidrug Agents Raid Money Laundering Store (UPDATE)
Prensa Latina - An antidrug operation occupied several millions of pesos and thousands of dollars in a clothing store used for money laundering, informed the National Drug Control Direction (DNCD) Monday.

The DNCD occupied 3.9 million pesos of the Dominican Republic and 387, 580 dollars in the raid to this store called Vistar in the east of Santo Domingo.

This business, apparently, was used to clean money generated by illicit activities carried out in the United States.

The agents arrested a woman, and a man called Ernesto Reyes Valerio is wanted, suspect of directing a net of money laundering to which other individuals also belong.

A smaller sum of money was occupied in a branch of the aforementioned store, located in the Mella Avenue, where they retained two vehicles on the name of the importing company Ernest GEN S. A., a property of Reyes Valerio.

As DNCD reported this case is worked in coordination with the Drug Enforcement Agency of the United States (DEA), starting from information and evidence found in that country, involving citizens of the Dominican Republic, now residents in New York.

In another raid, the authorities occupied 37, 848 dollars and 59, 180 Dominican pesos, said the report on the case.

In the house belonging to Victoria María Reynoso Holguín, arrested by DNCD, important documents and receipts of payment on big financial operations were occupied, which because of their magnitude, they would possibly have to do with illegal operations, said the spokesman of the police operative group, Roberto Lebrón.

 

 

Police seize more than US$1.0M counterfeit from "useful dupe"

The Police seized a printing press and more than one million counterfeit dollars and bogus checks from various banks in the sprawling sector San Carlos.

Police spokesman Maximo Aybar said also seized were prescriptions for controlled substances, with the letterhead and a stamp of the National Drug Control Agency (DNCD), and the Inland Taxes Department, and "a large quantity" of negatives and two printers.

He said eight people were arrested during the raid but only one was charged and the others were released at Police headquarters on insufficient evidence.

A National District judge yesterday sent the accused Diogenes Brito Alvarez, 40, owner of the printing press, to three months in Najayo prison to await indictment.

Brito’s lawyer Lorenzo Frias said he’ll appeal the decision because his client is innocent and was a "useful dupe" for letting third parties use of his machinery.

 

Read also: Real estate boom or money laundering in Dominican Republic - You Lose! (Update 20)

Go back | Date: 12 Jun 2012
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