https://caribbean.loopnews.com/content/mexican-national-arrested-bermuda-suspected-money-laundering

In an operation at L.F. Wade International Airport in Bermuda on Saturday, authorities arrested a 58-year-old Mexican national on suspicion of money laundering.

The suspect was found in possession of a large quantity of cash and was also detained in connection with other ongoing investigations.

The arrest was the result of a joint operation between the Department of Customs and other law enforcement agencies.

The police said in a statement that following this initial success, the Bermuda Police Service (BPS) expanded its efforts, with the Financial Crime Unit leading a series of raids.

Assisted by the Tactical Division, Gang Targeting, and Drug Units, the BPS executed search warrants under the Proceeds of Crime Act (POCA) at residences in Devonshire and Paget.

“More than 17 thousand dollars in cash was seized, and two persons arrested.  The team also seized a quantity of controlled drugs and several high-value items, suspected to be the proceeds of criminal conduct,” the statement disclosed.

Detective Superintendent Sherwin Joseph of the Crime Division emphasized the broader implications of such crimes. "Laundering the proceeds of criminal conduct can cause significant social and economic harm to our community by fuelling organized crime networks," he stated.

Joseph affirmed the police's commitment to ongoing vigilance, adding, "We will continue to work with our partners at L.F. Wade International Airport to detect, disrupt and dismantle money laundering operations."

The BPS Specialist Investigations Department is continuing its inquiries into these matters.