After this statement, the citizen of the Federal Republic of Germany stated that there was cash in the vehicle of about 400,000 euros, which he wanted to declare.
The undeclared cash found was seized and the individuals arrested. All withdrawn money has been deposited in the Treasury account. The persons were released and placed on non-custodial security measures.
The criminal process has been initiated for the criminal offenses provided for in the third part of Article 195 of the Criminal Law for the possible laundering of criminally obtained financial assets, if it has been committed in a large amount.
Within the framework of the initiated criminal proceedings, five sanctioned searches were carried out (four of them in Riga, one in the Mārupe district), during which additional cash funds were seized – 102,240 euros, 45,466 US dollars, as well as banknotes in other currencies.
According to Article 19 of the Law on Criminal Procedure, no person is considered guilty until he is found guilty of committing a criminal offense in accordance with the procedures specified in the Law on Criminal Procedure.
When should cash be declared at the border?
When crossing the state border of the Republic of Latvia (both entering and leaving) in places where it is also the external border of the European Union, any person is obliged to declare cash in the amount of 10,000 euros or more.
A natural person must fill out the cash declaration form in writing, certifying the truth of the information provided in it with a signature, and submit it to a customs official when crossing the external border of the country. More information on declaring cash – in the section “Declaring cash while traveling” on the SRS website.
