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Spain : Treasury Targets Spanish Cell of Guberek Money Laundering Network.

The U.S. Department of the Treasury today announced the designation of Spanish-Peruvian dual national Luis Santiago Calle Quiros and his wife, Spanish national Maria Paloma Rodriguez Badillo, as well as five entities in Spain and Peru, as Specially Designated Narcotics Traffickers (SDNTs). These individuals and entities comprise a Spain-based money laundering cell that moves illicit narcotics proceeds from Europe to Colombia and operates under the direction of Colombian money launderer Isc Perez Guberek Ravinovicz.

Today s action, taken pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act), generally prohibits U.S. persons from conducting financial or commercial transactions with these entities and individuals, and freezes any assets they may have under U.S. control or jurisdiction.

Narcotics traffickers in the Americas continue to expand outside their traditional markets and are increasingly active in places like Europe, said Adam Szubin, Director of Treasury s Office of Foreign Assets Control. In recent years, European countries, including Spain, have stepped up efforts to tackle the problem of narcotics trafficking as well as the crimes and violence that accompany it. Today s action supports these efforts by exposing a major node in the Guberek money laundering network, which provides a significant pipeline for illicit narcotics proceeds to flow from Europe back to Colombia.

Luis Santiago Calle Quiros and Maria Paloma Rodriguez Badillo are longtime partners of Colombian money launderer Isc Perez Guberek Ravinovicz, who, along with his son, Henry Guberek Grimberg, and his secretary, Johanna Patricia Ceballos Bueno, were designated under the Kingpin Act by OFAC on July 9, 2013. In coordination with Guberek Ravinovicz, Calle Quiros and Rodriguez Badillo would collect cash proceeds from narcotics sales at their offices in Madrid, Spain, and then funnel the money back to accounts controlled by Guberek Ravinovicz, who used these funds to pay narcotics traffickers in Colombia.

Guberek Ravinovicz leads a money laundering network based in Bogota, Colombia that launders narcotics proceeds on behalf of numerous drug trafficking organizations in Latin America and the Middle East. Narcotics traffickers such as Lebanese-Colombian national Ayman Saied Joum, previously designated by OFAC on January 26, 2011, and Colombian national Jose Evaristo Linares Castillo, designated on February 20, 2013 and later extradited to the United States on drug trafficking charges, are known to have laundered their drug proceeds through the Guberek money laundering network.

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Publication:Mena Report
Geographic Code:3COLO
Date:Oct 30, 2013
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