Drug criminals are buying up the real estate market in The Netherlands

in #hive-16792217 days ago

8000 houses

Police research in The Netherlands has revealed that drug criminals have massively been buying up the real estate market in The Netherlands. For multiple reasons.

-First of all, it id a great way to launder money on a large scale
-The houses can be used as stash houses for the drugs. And they can switch easily and fast
-It’s a way to give shelter to those that are on the police radar

Police estimates that over 8000 houses have been bought up in the last few years.

Brokers in the combine

The brokers involved are in on it, bot the mortgage broker as the real estate broker are aware of the scam and receive massive sums in cash to close an eye for the falsified documents like income statements and even passports!

Seems like we don’t need to go to Dubai, but Dubai is actually coming to us…
At least the mentality when it comes to money!

Sincerely,

Pele23

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How do they put all that money into the bank?

By paying of bank employees and mortgage brokers

8000 houses

Wow, that is a huge number of houses.

That might increase the house pricing there.

It sure does