27 Apr, 2023 @ 15:00
1 min read

British money launder nabbed on the Costa del Sol after UK government issued Interpol arrest warrant

20230426 Foto Torremolinos police

SPANISH police swooped on a British man on the Costa del Sol after the UK government issued an International Arrest Warrant for him.

The 50-year-old was arrested in the hostel where he was staying in Torremolinos accused of money laundering on April 17.

According to the Interpol warrant, between October 2017 and July 2018, the Brit obtained thousands of pounds through unspecified fraudulent activity.

He then used shell companies to launder the stolen money.

The suspect had received funds from shady investors amounting to a total of £58,000.

It turned out that he was in Spain illegally, having overstayed his 90 day visa and lacking a TIE residency permit.

He was immediately sent before a judge in Madrid, where he is expected to undergo extradition proceedings back to his native UK.

Walter Finch

Walter Finch, who comes from a background in video and photography, is keen on reporting on and investigating organised crime, corruption and abuse of power. He is fascinated by the nexus between politics, business and law-breaking, as well as other wider trends that affect society.
Born in London but having lived in six countries, he is well-travelled and worldly. He studied Philosophy at the University of Birmingham and earned his diploma in journalism from London's renowned News Associates during the Covid era.
He got his first break in the business working on the Foreign News desk of the Daily Mail's online arm, where he also helped out on the video desk.
He then decided to escape the confines of London and returned to Spain in 2022, having previously lived in Barcelona for many years.
He took up up a reporter role with the Olive Press Newspaper and today he is based in La Linea de la Concepcion at the heart of a global chokepoint and crucial maritime hub, where he edits the Olive Press Gibraltar edition.
He is also the deputy news editor across all editions of the newspaper.

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