A Turkish citizen identified as EO has been detained on suspicion of laundering over 1.2 million euros, according to the Police Directorate (UP).

This operation is the culmination of collaborative efforts from the Special State Prosecutor’s Office, the Special Police Department, and the Financial Intelligence Sector of the Police Directorate.

It is alleged that from April 2023 to March 2024, in Montenegro, EO possessed funds that he was aware originated from illicit activities, specifically breaches of the law relating to betting and gaming in sports competitions.

“He fraudulently claimed the money had a legitimate source and employed it for cash transactions in the acquisition of luxury assets, including a Lamborghini Aventador S 6.5 V12 valued at 399,500 euros, a Porsche Cayenne 3.0 worth 95,000 euros, a Range Rover Velar priced at 34,980 euros, a Mercedes AMG G63 valued at 215,000 euros, as well as residential properties and two parking spaces amounting to a total of 485,000 euros,” the announcement stated.

The UP further notes that the total estimated value of assets associated with the money laundering, based on the evidence gathered, is 1,229,480 euros.

“All assets acquired through criminal activities will undergo a financial investigation led by the Special State Prosecutor’s Office, aiming to permanently confiscate the unlawfully acquired property. Officers from the Police Directorate, in close collaboration with the Special State Prosecutor’s Office, are persisting in their endeavors to combat organized crime and financial offenses in Montenegro,” the statement asserts.

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