A fugitive drug trafficker and his brother washed nearly half a million dinars from a dead drop drug trade in Bahrain, moving the money through bank accounts, digital wallets, and overseas money exchanges, prosecutors say. Using cryptocu
TDT | Manama
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A fugitive drug trafficker and his brother washed nearly half a million dinars from a dead drop drug trade in Bahrain, moving the money through bank accounts, digital wallets, and overseas money exchanges, prosecutors say.
Using cryptocurrency, bank accounts, and overseas money transfers, he allegedly disguised the proceeds of drug sales. The 22 accused, including five Bahrainis, are set to appear in court on 10 March.
A statement from an officer in the Anti-Narcotics Directorate linked the ringleader — still at large — to an elaborate drug network.
Working with his brother, he managed both the distribution of narcotics and the laundering of the profits through local accounts, remittances, and digital currency.
Investigators say the sixth accused joined the scheme, recruiting more accomplices who provided bank accounts in exchange for payments.
