MADRID - Spanish police say they have arrested 11 people - mostly Russians and Ukrainians - in an operation targeting foreign organized crime gangs involved in money laundering. Police said those arrested allegedly ran a network of companies through which they channeled money from Cyprus and the British Virgin Islands to buy real estate in Spain. The group had laundered about 10 million euros ($11 million).
Associated Press: Spanish police arrest 11 for alleged money laundering
Spanish National Police patrol outside the Alcazar of Seville, in Sevilla on July 8, 2016.
