Published on 10/11/2024 20:18
Reading time: 1min – video: 3min
Drug trafficking: money, the sinews of war
Drug trafficking: money, the sinews of war
(France 2)
In the midst of tension around drug trafficking, the Marseille prosecutor's office (Bouches-du-Rhône) announced the arrest of around fifteen people and the seizure of more than a million euros in cash. Drug money represents nearly 3.5 billion euros in France.
In plastic bags, more than a million euros in small denominations were seized at the start of the week in Vaucluse. The money was found in a cache in the floor of a utility van. These are sums collected from deal points. Traffickers are increasingly organized to prevent money from falling into the hands of the police.
Tracking the financial circuits of drug trafficking is a major challenge. In France, the profit generated by traffic is estimated at 3.5 billion euros per year. This dirty money is partly re-injected into local businesses and businesses. But the majority of the sums go abroad, where the network heads live, notably in Dubai (United Arab Emirates). The objective of justice is to deprive French traffickers of resources by drying up their financial networks.
