Greek police arrest more than 60 people for gold smuggling

Saturday, December 1, 2018

On Wednesday, Greek police announced they arrested 63 people for gold smuggling. According to a report from Associated Press (AP), police seized cash, gold bars, and other items, totaling about two million euros (roughly 2.3 million US dollars).

Police said on Friday the police operation, started on Tuesday, involved 50 homes and 30 stores. Police accused the suspects of buying stolen gold from foreigners who allegedly robbed homes.

Police said the scheme had involved at least two collaborating criminal networks over two years or longer. The suspects had allegedly been melting the gold items and exporting the gold to Turkey using tour buses to avoid taxes, and to Germany. The gold was allegedly smuggled through a number of pawn shops, according to AP.

Press reported pawn shops have multiplied in Greece in the financial crisis ongoing there since 2010, which reportedly has caused people to buy an increased amount of gold and silver to store their assets.

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Sources

Hellenic Police. "Ελληνική Αστυνομία on Twitter" — Twitter, November 30, 2018 (Greek)
AP. "Greek police arrest dozens in gold smuggling network" — ABC News (US), November 28, 2018
"Nationwide illegal gold trade network dismantled, 59 arrests" — Kathimerini, November 28, 2018
Hellenic Police. "Ελληνική Αστυνομία on Twitter" — Twitter, November 28, 2018 (Greek)
Hellenic Police. "Δηλώσεις εξάρθρωσης πολυμελών εγκληματικών οργανώσεων, που δραστηριοποιούνταν στο λαθρεμπόριο χρυσού" — YouTube, November 28, 2018 (Greek)

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Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.