The Public Prosecutor’s Office stated that subsequently, the funds were illicitly transferred through more than 13 bank accounts within the national financial system, with the purpose of concealing the origin of the money and ensuring an undue economic benefit. For this same case, the Economic Crimes Section of the Metropolitan Prosecutor’s Office, with units from the DIJ of the National Police and the National Border Service, had already arrested seven people who were charged with the crime of financial fraud. Allegedly, they are part of a criminal group that, using false financial documentation, obtained a mortgage loan of $786,171.98. Among those charged is an influencer, who according to the investigation obtained an economic benefit of more than $30,000. The post 'Man Arrested for Diverting Funds from Caja de Ahorros Bank: Money Laundering' appeared first on Newsroom Panama. These proceedings are part of Operation Total Fraud, which took place in November 2025, when five people were apprehended in actions carried out simultaneously in different parts of the districts of Panama and San Miguelito. Paso Canoas Chiriquí: A man directly linked to the commission of financial crimes and money laundering, to the detriment of the Caja de Ahorros Bank, was arrested in a residence in the Paso Canoas sector, in Chiriquí Province, Panama. Preliminary investigations detail that the suspect used false financial documentation to obtain a mortgage loan for the sum of $490,000.00, using a fraudulent appraisal, alleging improvements to a property, but it was determined that the residence does not exist. The Public Ministry detailed that they are fully linked to the investigation.
