Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > European police break up gang trafficking stolen cars to Dubai
    Headlines

    European police break up gang trafficking stolen cars to Dubai

    Published by Global Banking & Finance Review®

    Posted on October 7, 2025

    2 min read

    Last updated: January 21, 2026

    The image depicts a financial market scene highlighting Assura shareholders' support for PHP's takeover bid, emphasizing investor confidence in UK finance amid private equity competition.
    Shareholders supporting PHP's bid for Assura in finance news - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insuranceAutomotive industryFinancial crimecybersecuritycriminal finance

    Quick Summary

    European police dismantled a car theft ring smuggling luxury vehicles to Dubai, arresting suspects and seizing stolen cars.

    European Authorities Uncover Car Theft Ring Smuggling to Dubai

    ROME (Reuters) -Italian, Spanish and Belgian police have dismantled an Eastern European criminal network accused of stealing luxury cars and smuggling them to Dubai for resale, Italian and EU authorities said on Tuesday.

    The gang scoped out the cars in holiday resorts such as Forte dei Marmi and Cortina in Italy, and Marbella in Spain. The vehicles were fitted with tracking devices, allowing thieves to strike later, Italy's Carabinieri police said in a statement.

    The cars - mostly Range Rover, Lexus and Toyota models - were then driven to Belgium, where chassis numbers were altered and fake or cloned number plates were added, before shipping from the port of Antwerp, they added.

    Officers seized four stolen cars, kits to clone car keys, jammers and other equipment used to open cars, neutralise their alarm and GPS systems, and dismantle security transponders to prevent further tracking of the stolen vehicles.

    Eurojust and Europol, the EU's justice and police cooperation agencies, helped with the investigations into the thefts of more than 100 high-end vehicles, collectively worth at least 3 million euros ($3.5 million), since early 2024.

    Tuesday's sting targeted 24 suspects, mostly from Moldova but also Russia, Romania and Ukraine, with six of them detained and three put under house arrest, the Carabinieri, who led the investigations, said.

    ($1 = 0.8579 euros)

    (Reporting by Alvise Armellini;Editing by Alison Williams)

    Key Takeaways

    • •European police dismantled a car theft ring.
    • •Luxury cars were smuggled to Dubai for resale.
    • •Authorities seized stolen cars and equipment.
    • •24 suspects from Eastern Europe were targeted.
    • •The operation involved Eurojust and Europol.

    Frequently Asked Questions about European police break up gang trafficking stolen cars to Dubai

    1What is financial crime?

    Financial crime refers to illegal activities that result in financial gain, such as fraud, money laundering, and embezzlement. These crimes often involve the manipulation of financial systems for personal or corporate benefit.

    2What is cybersecurity?

    Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information, or to disrupt normal business operations.

    3What is insurance?

    Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or business to an insurance company in exchange for premium payments.

    4What is the automotive industry?

    The automotive industry encompasses the design, development, manufacturing, marketing, and selling of motor vehicles. It includes companies and organizations involved in the production of vehicles, parts, and related services.

    5What is criminal finance?

    Criminal finance involves the management of financial activities related to illegal operations, such as money laundering and financing criminal activities. It often requires sophisticated methods to conceal the origins of illicit funds.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Image for Two airports in Poland closed due to Russian strikes on Ukraine
    Two airports in Poland closed due to Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    View All Headlines Posts
    Previous Headlines PostSoccer-Security concerns overshadow Israel's World Cup qualifiers in Norway and Italy
    Next Headlines PostBelarus ramps up fuel exports to gasoline-thirsty Russia