Quantcast
Channel: Compliance Complete North America
Viewing all articles
Browse latest Browse all 13886

Accused Spanish drug lord convicted in Miami for drug money laundering

$
0
0
The head of a transatlantic cocaine smuggling ring dubbed “Los Miami” has been convicted of laundering more than $26 million in the United States through multimillion-dollar waterfront condos and exotic sports cars. Álvaro López Tardón faces up to 20 years in prison after a jury convicted him on Wednesday of money laundering and conspiracy to launder money. “In the world of drug trafficking, Álvaro López Tardón is a bona fide kingpin,” George Piro, head of the FBI's Miami office, said in a statement on Thursday. “His multi-million dollar cocaine enterprise spanned the globe from South America to Spain to Miami," he added. The seven-week trial included 36,000 pages of financial and corporate documents from Spain and the United States, as well as testimony from six members of the Spanish National Police, a member of the Spanish national wiretapping agency, and the Spanish taxing authority. At the time of his 2011 arrest, federal officials seized 17 luxury cars, including a 2008

Viewing all articles
Browse latest Browse all 13886

Trending Articles