Nacho Vidal Charged With Money Laundering

from http://www.ynoteurope.com/content/1588-nacho-vidal-freed-pending-trial.html
By Erika Icon

YNOT EUROPE – Nacho Vidal’s latest release isn’t on DVD, but he doesn’t appear to be complaining.

According to multiple Spanish news reports, Vidal was released from jail on his own recognizance late last week following a Tuesday arrest as part of coordinated government raids on an alleged organized crime ring. Vidal has been charged with money laundering and forgery.

His sister, Maria José Jordá González, who was arrested during the same series of raids, also is free on bail. González is charged with issuing false invoices from the movie production company she and Vidal jointly own.

Although the prosecution sought conditional release and bond for Vidal, National Court Judge Fernando Andreu ruled the Spanish porn star and director did not represent a flight risk because he recently signed a contract to appear in a reality television show. The project will keep Vidal tethered to Spain for at least three months, the judge decided.

Vidal and González were among more than 80 people rounded up in Madrid and Barcelona last week after a two-year investigation into alleged racketeering. According to court documents, most of the other detainees are Chinese nationals suspected of affiliation with an organized crime ring operating out of their home country.

During Operation Emperor, participating agencies searched hundreds of properties, froze the bank accounts of 120 people, and confiscated 202 vehicles and six million euros (about U.S. $7.8 million) in cash. The network allegedly operated prostitution and extortion rackets that channeled profits to tax havens with the assistance of Spaniards and Israeli intermediaries. Those arrested have been charged with a variety of crimes including tax evasion, official corruption, money laundering, forgery and distribution of counterfeit goods.

7 thoughts on “Nacho Vidal Charged With Money Laundering

  1. Guess Nacho’s retirement nest egg went bye bye.

  2. jeremysteele11 says:

    Racketeering… tell me where the rackets aren’t… the serious racketeers on top don’t like any small time competition, just like elite hookers aka “escorts”, who never get molested except when they’re getting good money for it.

  3. They must have forgot to pay the cops their share.

  4. This is the ultimate shame. Nacho Vidal could have been an extremely successful distributor and entrepreneur. This guy also had the chance to become a very successful mainstream actor. Instead he is a small-time criminal.

  5. Third Axis says:

    Origen, you make it sound like Nacho’s career is over because of this. I seriously doubt that it will have much effect on his continued professional life, considering that in most of Europe, particularly Spain and Italy, government corruption is widespread, organized crime also, and a few well-placed payments will probably get him off entirely or with a very light sentence at worst. Money laundering is the most prevalent white-collar crime worldwide, and it’s being done in just about every industry, both here and abroad—not that this fact makes it acceptable, but much of the currency moving around the world has gone through the proverbial Maytag a few times. Such are our modern times.

  6. jeremysteele11 says:

    The banks (also involved in laundering) create and lend money that does not exist and charge interest, have power, enslave and ruin lives based on fictitious currency. There is no such actual thing as trillions of dollars, yet this is our debt.

    Crime starts at the very top. All else follows.

    Again, banksters don’t like competition outside their elite circles.

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