Tag: gold smuggling

Broker charged in gold smuggling case

Broker charged in gold smuggling case

| 09/09/2019

(CNS): Kody Zander, the VP of the Cayman-based precious metals broker, Byzantium, which processed $6 million worth of gold that is believed to be the proceeds of criminal activity in Venezuela, has become the fifth person to be charged in a case which was busted here by the authorities in May. Zander is expected in […]

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More arrests, charges in gold smuggling case

More arrests, charges in gold smuggling case

| 01/08/2019

(CNS): Four Venezuelan nationals who are all implicated in a complex $6 million gold smuggling operation, which the UK’s National Crime Agency has said is linked to South American drug cartels, appeared in court this week for pre-trial hearings, facing more related charges. It was also revealed that another person, who is connected to the […]

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Gold smuggling case expands to US, Panama

Gold smuggling case expands to US, Panama

| 23/07/2019

(CNS): The ongoing gold smuggling investigation, which began in the Cayman Islands in May after officials found cash hidden in the floor panelling of a private aircraft, has expanded to include law enforcement authorities in the United States and Panama. The RCIPS and the Cayman Customs and Border Control (CBC) Agency was already working with […]

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Gold was drugs profit, say UK officials

Gold was drugs profit, say UK officials

| 21/07/2019

(CNS): The UK’s National Crime Agency has said the gold that passed through the Cayman Islands earlier this year is associated with a South American drug cartel. Four men have already been arrested and charged here in connection with the shipments and cash found hidden in a private aircraft that brought the gold to Cayman […]

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Suspect gold smugglers charged

Suspect gold smugglers charged

| 02/07/2019

(CNS): Two Venezuelan men appeared in court Tuesday, charged with money laundering in connection with more than US$6 million worth of gold which passed through the Cayman Islands in what appears to be a complex international smuggling case. Last May Daniel Aguailar Feriozzi (25) and Fransisco de Ventura Herrera (26) were said to have been […]

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Cash seized, 4 arrested in gold ‘smuggling’ case

Cash seized, 4 arrested in gold ‘smuggling’ case

| 06/06/2019

(CNS): Police have confirmed that four foreign nationals have been arrested and a small private plane and a large quantity of cash seized during the course of a joint investigation by the RCIPS and Customs and Border Control relating to the movement of gold through the Cayman Islands. CNS learned earlier this week that law […]

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