Greek coast guard probes cocaine link to Rhodes real estate firm

Greek authorities are investigating a Rhodes real estate branch after 35 grams of cocaine led to evidence of 950,000 euros in suspected illicit funds. The probe spans from Piraeus to Rhodes and examines possible drug trafficking, money laundering and criminal organization involvement.

Greek coast guard probes cocaine link to Rhodes real estate firm

Investigation details

Greek coast guard officers are examining serious indications of drug trafficking, money laundering and membership in a criminal organization. The inquiry focuses on a real estate subsidiary operating in Rhodes.

Origin of the case

The investigation began after the discovery of 35 grams of cocaine. This small quantity reportedly triggered financial checks that uncovered 950,000 euros in questionable assets.

Geographic scope

Officials traced connections between the Piraeus port area and the island of Rhodes. Further inquiries are ongoing.

Next steps

Authorities have not released additional information on arrests or seizures. [TO VERIFY: full details and official statements from Hellenic Coast Guard or Greek police]

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