UAE authorities have arrested a Swedish national accused of leading an international criminal network wanted by INTERPOL, following a joint investigation with Swedish authorities that traced approximately AED26.5 million ($7.2 million) in suspected criminal funds.
According to the UAE Ministry of Interior, the suspect had fled Sweden and was the subject of an INTERPOL Red Notice over allegations linked to money laundering.
Investigators found that the network had handled around SEK70 million, equivalent to approximately AED26.5 million, over a period of 10 months. Authorities said the funds included cash allegedly generated through criminal activities and subsequently transferred to other criminal groups. Cryptocurrencies were also reportedly used to move and transfer the value of the funds.
Cryptocurrency tracing helps uncover financial links
The UAE Ministry of Interior said investigators used cryptocurrency transaction tracing and digital evidence analysis to identify connections between the network and other criminal activities, including organised crime and alleged contract killings.
The investigation was carried out through security coordination and intelligence sharing between UAE and Swedish authorities.
Following extensive searches, monitoring and investigative work, authorities identified the suspect’s location in the UAE and arrested him. The arrest took place at the same time as Swedish authorities detained six other alleged members of the network in Sweden.
Legal proceedings have since been initiated in connection with the investigation.
Brigadier Abdulaziz Al Ahmad, Director General of the Federal Criminal Police at the UAE Ministry of Interior, said the operation highlighted the importance of international cooperation and intelligence sharing in tackling cross-border criminal networks and their financial activities.
He said the UAE would continue working with international partners to track wanted individuals, disrupt criminal financing networks and take legal action against those who use the country for criminal activities.
UAE-Sweden cooperation in focus
Anders Wiberg, Police Commissioner and Head of the International Division of the Swedish Police Authority, said cooperation between the UAE and Sweden played a central role in the operation.
He expressed appreciation to UAE authorities for their cooperation and support during the investigation.
The UAE Ministry of Interior did not disclose the identity of the Swedish national arrested in the UAE.
The case highlights the increasing role of cryptocurrency tracing and digital evidence in investigations into international money laundering and organised crime networks.
