Sweden, Spain Hit Gambling, Money-Laundering Ring

Authorities in Sweden, working with Spanish counterparts and Europol, carried out a joint operation between November 28 and 29 that disrupted a violent criminal network suspected of overseeing large-scale illegal gambling and money laundering. The group, active in the Stockholm region, is believed to handle criminal proceeds both for itself and for other organized crime actors.

Law enforcement linked the syndicate to drug trafficking activities across Sweden and the broader Nordic region, highlighting the group’s deep entrenchment in regional criminal markets. Europol facilitated international intelligence sharing, enabling law enforcement agencies to take decisive, coordinated action across borders.

Investigators believe the network combined violent methods with financial crime, reinforcing its position in both underground gambling and illicit drug economies. The operation marks a significant blow to one of the more entrenched criminal structures operating in the region.

Read the full official release from Europol for more details:
https://www.europol.europa.eu/media-press/newsroom/news/coordinated-strike-hits-violent-criminal-network-behind-large-scale-illegal-gambling-and-money-laundering-in-sweden