Colombia: Illegal drug organizations receiving payment via gold laundering

The Dian discovered a new form of money laundering through the traffic of gold. This would be part of a “carousel” mineral entry, as reported the director of tax administration, Juan Ricardo Ortega.
On Wednesday, officials from El Dorado Airport, direction Bogota Customs Branch, seized 626 grams of gold that were hidden in a shape of heart and which was assessed by the expert witness in the case of more than $ 52 million. A traveler from Spain thought to enter the goods, when questioned by officials about the article was, she replied that it was a worthless trinket of China. According to Dian, “this appears to be a new form of money laundering that are implementing criminal organizations to receive payments from sales of drugs, as gold can be transported easily in the pocket of a jacket or pants.” Read Article