2024-08-17 02:48:43
An official from the Financial and Economic Analysis Unit (UAFE) was arrested in Quito on suspicion of money laundering. The State Attorney General’s Office is investigating the case, which allegedly involves millions of dollars.
During an operation carried out by the Prosecutor’s Office and the Police, on the afternoon of Monday, July 15, seven properties were raided in the capital and three arrest warrants related to the crime were executed, the value of which is estimated at nine million dollars.
According to the investigation, the detainees would belong to “a family group that would be laundering money and using the national financial system, through activities such as brokerage, buying and selling currencies and loans.”
The official from the UAFE, the entity in charge of preventing this type of crime, is said to have facilitated the fact that those involved were not reported by said institution, according to what has been pointed out in the process.
The Prosecutor’s Office said that the income of those investigated between 2016 and 2023 would amount to approximately 21,683,451.12 dollars, without offering additional details about the case.
This Tuesday, July 16, 2024, the hearing to formulate charges was held at the Northern Judicial Complex, where the accused could face up to thirteen years in prison and a fine equivalent to double the amount of the assets that were the object of the crime, according to article 317 of the Comprehensive Criminal Code (COIP).