How a Belgian Aristocrat Under Investigation for Money Laundering Moved Millions Into Colombia
Henri De Croÿ was accused of masterminding a scheme that hid hundreds of millions from tax authorities on behalf of rich clients in Europe. Reporters found him in Cartagena, busy investing money in a series of luxury properties.
Key Findings
Henri de Croÿ owns properties in Colombia purchased when he was under investigation for playing a role in a tax-fraud scam.
He was convicted in 2012, but his conviction was overturned on appeal in 2015. Now prosecutors in three countries are investigating once more.
He used wire transfers and prepaid cards to shift money into Colombia, according to documents in a 2018 leak dubbed the Dubai Papers.
Once the Dubai Papers story broke, Panamanian companies linked to De Croÿ purchased the properties, concealing their ownership.
https://www.occrp.org/en/investigations/how-a-belgian-aristocrat-under-investigation-for-money-laundering-moved-millions-into-colombia