EURO investigation leads to seizure of 7 cars and 2 boats | THE DAILY HERALD

One of the two vessels seized on Tuesday.

A truck seized.

The Asset Recovery Team also seized heavy equipment during the raid.

GRAND CASE/PHILIPSBURG–The Asset Recovery Team in collaboration with the French Gendarmerie seized a total seven vehicles, two boats and one scooter during a search at a home in Grand Case on Tuesday.

This raid was carried out in interest of the EURO investigation in which R.A.G. (39) is suspected of money laundering and tax evasion, among other things. However, R.A.G. was not arrested. A stolen vehicle was also found during the search, according to the Prosecutor’s Office on Wednesday.

The Asset Recovery Team is a collaborative effort of the St. Maarten Police Force KPSM, the St. Maarten Tax Administration, Customs, the Dutch Caribbean Coast Guard and the St. Maarten Prosecutor’s Office. It was set up on the principle that crime should not pay.

Proceeds generated by the Asset Recovery Team are beneficial contributions to country St. Maarten.

Source: The Daily Herald