Costa Del Este Panama Has 3 Luxury Homes Seized Along With $100,000 -

(MENAFN- Newsroom Panama) An alleged money laundering network was dismantled through Operation Genesis. The operation, coordinated by the Public Prosecutor's Office and the National Police, resulted in the arrest of three people linked to the case and the seizure of more than $100,000 in cash. In addition, 11 apartments, 3 residences and 2 vehicles were seized, with an approximate value of 2.8 million dollars, while more than 500 thousand dollars was retained in bank accounts, in an unprecedented blow against corruption and money laundering. During the 26 raids, authorities also collected financial documents, electronic equipment, and high-value items, which will serve as evidence in the investigation. A chain of beauty salons is being investigated, which according to the investigation, allegedly served as a front for illegal operations.

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