On Monday, May 26, authorities dismantled a dangerous drug trafficking gang that operated with illegal currency exchange houses between Río Ceballos and Córdoba.
According to sources involved in the case, those currency exchange houses served as centers for drug storage and distribution.
The organization laundered money through unauthorized currency exchange houses, where they bought dollars with profits from street-level drug dealing. That money was used to purchase drugs and finance their operations.
Authorities also determined the existence of a clothing store allegedly used as a front for money laundering activities.
In Río Ceballos, authorities raided a business in the urban area that operated as a money laundering and logistics center for drug trafficking. From that location, shipments were organized, proceeds from sales were received, and the money was sent to the capital city of Córdoba.
As a result, three people have already been arrested, in addition to the seizure of drugs and money, valued at approximately US$40,000 and $45 million in cash.
Authorities also seized packaging materials, precision scales, computers, and more than 30 cell phones. The case remains under a gag order, and further arrests have not been ruled out.
