The Brussels Times: Brussels authorities seized €1.4m in a major AML operation, uncovering a criminal network using shell companies and fake invoices to launder illicit funds

The operation uncovered how the criminal group used a network of shell companies and falsified invoices to launder illicit funds, effectively masking the origins of money, often derived from illegal activities such as drug trafficking. Investigators discovered that these entities facilitated the movement of illicit funds by creating fraudulent transactions, making it appear as though legitimate business operations were taking place…