Hutch

Gerard Hutch, commonly referred to as 'the Monk', has been taken into custody amid accusations related to money laundering activities. The 61-year-old was among nine individuals presented to a magistrate by Spanish law enforcement in Lanzarote. While two individuals were denied bail and detained, the remaining seven were granted bail, albeit with conditions. In this group were individuals connected to Hutch, including a close family member and various legal and business associates. According to a statement from Spanish…

This evening, in a Spanish courtroom, Gerard Hutch, infamously dubbed 'the Monk,' found himself embroiled in serious legal troubles connected to suspected money laundering activities. At a bustling judicial facility in Lanzarote, the 61-year-old Hutch was one of nine individuals summoned before a judge by Spanish law enforcement officials. Among this group, two individuals have been denied bail and will remain behind bars, while the remaining seven have been granted provisional release under stringent conditions.…