Archive · 23 Sep 2025
Italy Dismantles Syrian Network Laundering Drug Money as Gold
Imagine some bad guys were making money from drugs.
They wanted to hide this money, so they changed it into gold.
A group of people, mostly from Syria, helped them do this in Italy and France.
They took the cash, worth a lot of money, and used it to buy gold bars.
Then, they shipped the gold to other countries to hide it.
The police found out about it and arrested some people involved.
This is a new way of hiding money from drugs, and it's harder to find.
Italian prosecutors dismantled a Syrian-led network.
The network laundered drug trafficking proceeds.
They converted cash into gold bars in Italy.
Over 17 million euros was collected and converted.
Gold was moved to several other countries.
- Who
- Italian prosecutors, French gendarmerie, and a Syrian-led network
- What
- Dismantled a network laundering drug money by converting cash into gold.
- When
- Over 10 months
- Where
- Italy and France; gold moved to Kosovo, North Macedonia, Turkey, and Morocco.
- Why
- To launder drug trafficking proceeds.
- Main Accusation
- Laundering drug trafficking proceeds
- Network Leadership
- Syrian-led
- Countries Involved
- Italy, France, Kosovo, North Macedonia, Turkey, Morocco
- Seized Amount
- 17 million euros ($20 million)
- Gold Conversion
- Cash converted into gold bars
- Arrests
- Five people arrested in Italy