Euro Times / Paris
French authorities have dismantled a major criminal network involved in gold smuggling across Europe, resulting in the arrest of 14 individuals and the seizure of assets worth hundreds of thousands of euros, according to French media reports.
BFMTV reported that investigators uncovered an organized operation trafficking gold illegally through several European countries, using complex transport methods and multiple channels to conceal the origin of the precious metal before reselling it on the black market.
The investigation revealed that the network relied on sophisticated logistical routes and covert smuggling techniques, taking advantage of cross-border gaps to move gold between European states.
Officials stated that the arrests were carried out as part of a wide-scale security operation targeting organized crime groups involved in illegal precious metals trade.
The case highlights growing concerns in Europe over criminal networks exploiting high-value commodities such as gold, prompting authorities to intensify efforts against trafficking and underground financial crime.
Source: BFMTV
