Spanish police said they dismantled an illegal banking network used by some of Europe’s biggest cocaine traffickers. Authorities arrested 21 people across several countries, including in the Middle East, and uncovered assets worth €20 million.
WHO:Spanish police
WHAT:Dismantled an illegal banking network tied to a cocaine trafficking ring and arrested 21 people, uncovering €20 million in assets.
WHEN:Sep 8, 2026
WHERE:Spain
WHY:The network was used to serve cocaine traffickers, prompting police action to dismantle it.
