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Greece arrests member of smuggling gang that raked in $21 billion


FILE - Greek police said on March 30, 2024, that they had arrested a member of a gang wanted by Interpol for smuggling Latin American fuel products for illegal sale around the world.
FILE - Greek police said on March 30, 2024, that they had arrested a member of a gang wanted by Interpol for smuggling Latin American fuel products for illegal sale around the world.

Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 billion, police said on Saturday.

The gang member, an Italian national for whom Interpol had issued an arrest warrant, was found in a southern Athens suburb on Friday, a police official told Reuters on condition of anonymity.

The warrant had ordered the man's arrest and his extradition to Venezuela to be tried for crimes that include the illegal transport and trade of resources of strategic importance, the official said.

The gang stole the fuel products, which were loaded onto its oil tankers from ports in Latin America, and switched off tracking transponders to deceive shipping brokers, police said in a statement.

Police did not disclose the suspect's name.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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