The largest seizure of cocaine in Norwegian history, eight hundred kilograms, means that there is, in place and operational, a sophisticated money laundering network within that country, capable of cleaning narco-profits on that scale, and integrating those funds into the legitimate economy. This begs the question; where is Norwegian law enforcement on identifying and interdicting that organization?
Reportedly, the seizure, which was conducted at a warehouse of BAMA, a prominent fruit and vegetable wholesaler, was based upon information received from German authorities, who themselves had previously seized 1200 kilos in Potsdam. This means that the theory that the Oslo seizure represented narcotics in transit, and bound for users elsewhere, does not hold water. The targeted consumers are therefore obviously Norwegian, which is a surprise and an indication that cocaine consumption must be on the rise there. The previous largest coke seizure in Norway was only 153 kilos. This new seizure is disturbing.
From an investigative standpoint, the criminal proceeds received will be in Kroner, as Norway never adopted the Euro, which increases the chances that integration of those funds will most likely occur within the country's borders, as currency conversion on that scale cannot occur unnoticed.With the adoption of Artificial Intelligence, employing Machine Learning to access information and data not previously available, the ability to find the specific ultimate investment of those criminal profits is now a distinct possibility. Will the opaque money laundering network constructed to handle 235 million Kroner be exposed? Stay tuned.
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