Title: “RD$84.1 Billion in Potential Financial Crimes Detected in Dominican Republic”

Subtitle: The Financial Analysis Unit (UAF) uncovers illicit activities including tax evasion, money laundering, and unjustified enrichment

The Financial Analysis Unit (UAF) of the Dominican Republic has identified over RD$84.1 billion in potentially illicit transactions.

Crackdown on Financial Crimes

In a major crackdown on financial crimes, the UAF analyzed 93 individuals and 22,973 transactions, leading to the identification of:

• 168 properties
• 144 vehicles
• Other assets of interest

Previous criminal activity was found in 36 of these reports, and those cases have since been referred for further action.

Criminal Activities Identified

The most common criminal activity detected was tax offenses, comprising 45.71% of the total volume.

• Unjustified enrichment accounted for 31.43% of the findings.
• Money laundering represented 17.14% of the identified cases.
• Illicit drug trafficking accounted for the remaining 5.71%.

Red Flags Identified

The UAF investigation identified red flags such as:

• Transactions involving large amounts of unreported cash (58.62%)
• Investments of uncertain origins tied to property acquisitions (6.90%)

Continued Efforts in the Fight Against Financial Crimes

The UAF received additional suspicious operations reports throughout the process, highlighting the need for continued efforts in the fight against financial crimes in the Dominican Republic.

Reporting Suspicious Activity

As investigations continue, the public is urged to stay informed and report any suspicious activity directly to the appropriate authorities.