UCO uncovers €78M money laundering scheme tied to Aldama hydrocarbon fraud
Spain's Civil Guard identifies massive fund transfers to Portugal linked to a corruption investigation of a previously convicted businessman.
What to know
- UCO investigation identifies €78.3 million in funds transferred from Spain to Portugal through Villafuel, with €8.8 million going to companies linked to middleman Aldama.
- The scheme involved two parallel operations: perfecting tax fraud against Spain's Treasury and enabling money laundering of illicit proceeds; total hydrocarbon fraud estimated at over €180 million.
- UCO is seeking judicial orders to freeze involved bank accounts and has requested international cooperation from Portuguese authorities and international rogatory commissions, including investigation of cryptocurrency conversions.
Skepticism that powerful figures will face meaningful consequences despite evidence of fraud.
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“Cogiendo palomitas para ver los contorsionismos judiciales que van a tener que hacer para que este filldeputero no pise la cárcel.”
medicblasto.bsky.social · Mastodon ↗
Víctor de Aldama Middleman and target of investigationClaudio Rivas Owner of Villafuel SLUCO (Unidad Central Operativa) Investigative unit of Spain's Civil GuardJudge Santiago Pedraz National Court judge overseeing investigation
How it unfolded 1 development · click the chart to see its coverage posts
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background
UCO seeks asset freezes and international investigation requests — The UCO requested Judge Santiago Pedraz to freeze bank accounts involved in the scheme and filed for European investigation requests to Portuguese authorities and international rogatory commissions to trace funds converted to cryptocurrency.
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UCO identifies €78.3M transferred to Portugal in Aldama hydrocarbon fraud
The Central Operative Unit (UCO) of the Civil Guard released findings showing €78.3 million transferred from Spanish bank accounts to Portuguese company accounts through Villafuel, a petroleum products wholesaler operator. Of this amount, €8.8 million went to three companies belonging to middleman Aldama. The investigation revealed a sophisticated fraud scheme using shell companies to launder proceeds from hydrocarbon tax fraud.
“La red articuló dos vías para el fraude. Por una parte, "perfeccionando" el fraude a la Hacienda Pública y, por otra, habilitando un sistema para el blanqueo de capitales…”
— UCO / Guardia Civil -
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❗ La UCO cifra en más de 78 millones el dinero evadido a Portugal por la trama de hidrocarburos de Aldama
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Cogiendo palomitas para ver los contorsionismos judiciales que van a tener que hacer para que este filldeputero no pise la cárcel. La UCO cifra en más de 78 mill...
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