"Albanian mafia laundered 1.5 billion euros in Serbia"

"Albanian mafia laundered 1.5 billion euros in Serbia"

Former Belgrade police director Marko Nicovic says that Albanian mobsters launder between 80 and 100 million euros a year buying building land, real estate, and constructing buildings, all this via "so-called Serbian businessmen."

"In these transactions, as a rule, the Albanian never appears, instead this is done through some, for example, Petar Petrovic from Munich, who, for a certain percentage, serves as a facade. They in particular targeted the south and the south-east of Serbia," says Nicovic.

He added that Albanian drug clans use the same template for acquiring real estate in the Adriatic regions of Croatia and Montenegro, as well as in Bosnia-Herzegovina.