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Mauritian financial services director arrested for money laundering.

04/03/2025

It has been reported that the home of the director of a financial services company, who lives in Plaine-Verte, was searched on Saturday morning.

The result of the search was the discovery of the following currencies:- 4,010 euros, 158 pounds sterling, 5,392 US dollars, 78 Chinese yuan, 40 dirhams and 235 Turkish lira, Rs 880,000  [APPROX $$ USD20,445.11*]

The 32-year-old man was arrested for money laundering.

Source

* USD for each currency amount using today's exchange rates:

1. **4,010 Euros (EUR) to USD**:

   - Exchange rate: 1 EUR = 1.0858 USD

   - Amount in USD: $$4,010 \times 1.0858 = 4,354.15$$ USD¹

(https://eur.currencyrate.today/convert/amount-4010-to-usd.html)

2. **158 Pounds Sterling (GBP) to USD**:

   - Exchange rate: 1 GBP = 1.2584 USD

   - Amount in USD: $$158 \times 1.2584 = 198.62$$ USD²

(https://wise.com/us/currency-converter/gbp-to-usd-rate?amount=158)

3. **5,392 US Dollars (USD)**:

   - Amount in USD: $$5,392$$ USD

4. **78 Chinese Yuan (CNY) to USD**:

   - Exchange rate: 1 CNY = 0.1376 USD

   - Amount in USD: $$78 \times 0.1376 = 10.73$$ USD³

(https://exchangerate.guru/cny/usd/78/)

5. **40 Dirhams (AED) to USD**:

   - Exchange rate: 1 AED = 0.272 USD

   - Amount in USD: $$40 \times 0.272 = 10.89$$ USD⁴

(https://exchangerate.guru/aed/usd/40/)

6. **235 Turkish Lira (TRY) to USD**:

   - Exchange rate: 1 TRY = 0.0286 USD

   - Amount in USD: $$235 \times 0.0286 = 6.72$$ USD⁵

(https://wise.com/us/currency-converter/try-to-usd-rate?amount=235)

7. **880,000 Indian Rupees (INR) to USD**:

   - Exchange rate: 1 INR = 0.0119 USD

   - Amount in USD: $$880,000 \times 0.0119 = 10,472$$ USD⁶

(https://exchangerate.guru/inr/usd/880000/)

**Total in USD**:

$$4,354.15 + 198.62 + 5,392 + 10.73 + 10.89 + 6.72 + 10,472 = 20,445.11$$ USD

If you need any further assistance, feel free to ask!

Source:  

(1) 4,010 EUR to USD – Euros to US Dollars - Currency Rate Today. https://eur.currencyrate.today/convert/amount-4010-to-usd.html.

(2) 158 British pounds sterling to US dollars - Wise. https://wise.com/us/currency-converter/gbp-to-usd-rate?amount=158.

(3) 78 Chinese Yuans (CNY) to United States Dollars (USD) today - Exchange Rate. https://exchangerate.guru/cny/usd/78/.

(4) 40 AED to USD - Exchange Rate. https://exchangerate.guru/aed/usd/40/.

(5) 235 Turkish liras to US dollars Exchange Rate. Convert TRY/USD - Wise. https://wise.com/us/currency-converter/try-to-usd-rate?amount=235.

(6) 880000 INR to USD - Exchange Rate. https://exchangerate.guru/inr/usd/880000/.

MAURITIUS FINES MONEY LAUNDERING

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