Hutch Detained in Spain Amidst Money Laundering Allegations
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…