The Kinahan cartel's value has increased by 50% to €1.5 billion, despite international efforts to dismantle the criminal network. The cartel is involved in drug smuggling, money laundering, property speculation, and legitimate businesses. They are using family and friends to evade the crackdown and are employing tactics such as front companies and offshore accounts.
The Kinahan cartel is now worth a massive €1.5 billion – despite an international crackdown on its leaders, it has emerged.
The gang not only makes its riches from cocaine smuggling, but is heavily involved in money laundering, property speculation - and other legitimate businesses. The investigation, by the Sunday Times Ireland, also claims that the Kinahans are using family and friends to get around the crackdown launched two years ago – in which bosses Christy Daniel and Christopher Junior friendly, relaxed, chilled-out atmosphere. I unreservedly rate this area five-star but not cheap.” From his reviews he gives the impression of a fussy businessman, even if his business is murder and the mass importation of narcotics.
He also gets a bit hot under the collar if he has to wait too long for his food and on one occasion walked out of a restaurant before it was served.
Kinahan Cartel Value Crackdown Drug Smuggling Money Laundering Property Speculation Legitimate Businesses Family Friends Front Companies Offshore Accounts
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