Money laundering 6 feet under
In Mallorca (Spain) the police dug up 4.3 million euro ($6.2 million) in cash and 7.5 kilograms of jewelry in Palma de Mallorca. Members of a local drug ring buried the loot, under a doghouse annex garage. The police mentioned that they have been preparing for the bust for a couple of months. The police arrested one baddy but expects to pull more people in.
The cash and jewelry were wrapped up in packages in the Son Banya area in Palma. Because the packages were placed under concrete slabs the police has to use heavy machinery. In related house searches the police seized cocaine, marijuana and heroine.
And even though stashing your criminal money this way has its pros and cons, according the law in most jurisdictions it still is considered money laundering.
http://tinyurl.com/yd3zwhc
http://tinyurl.com/ydkgxpl
http://www.youtube.com/watch?v=c31n0oRT9ds
