Sweden Intensifies Efforts to Trace Criminal Assets in Business Sector

According to PANews, Swedish authorities are ramping up efforts to track criminal assets within the business sector, including cryptocurrencies, real estate, and other forms of property. This initiative involves collaboration among the Swedish police, tax agency, enforcement authority, and three additional agencies. Swedish Justice Minister Gunnar Strömmer emphasized the importance of focusing on assets that can yield substantial profits. Since the implementation of new legislation last autumn, Sweden is believed to have one of Europe's strictest asset confiscation laws. To date, assets worth 80 million Swedish kronor (approximately 8.36 million USD) have been seized under this law.