Headlines

Greece arrests five over cocaine trafficking on ship from Venezuela to Europe

Published by Global Banking & Finance Review

Posted on December 15, 2025

2 min read

· Last updated: January 20, 2026

Add as preferred source on Google
Italian consortium acquiring Esso fuel stations in strategic financial deal - Global Banking & Finance Review
The image depicts the acquisition of Esso's 1,200 fuel stations by an Italian consortium, highlighting the strategic impact on Italy's fuel distribution network.
Global Banking & Finance Awards 2026 — Call for Entries

ATHENS, Dec 15 (Reuters) - Greek police have arrested five suspected members of an international crime ring trafficking an estimated seven tonnes of cocaine from Venezuela to Europe on a Greek-

Greece Detains Five in Major Cocaine Trafficking Case

ATHENS, ‌Dec 15 (Reuters) - Greek police have arrested five suspected ‍members ‌of an international crime ring trafficking an estimated seven ⁠tonnes of cocaine from ‌Venezuela to Europe on a Greek-operated fishing vessel, two police officials said on Monday.

The arrests, in various parts ⁠of Greece, follow an investigation launched in cooperation with the U.S. ​Drug Enforcement Administration, one of the officials ‌said on condition of ⁠anonymity.

Those held included the suspected ringleader.

The ship had set sail from a small port in Greece's ​northern city of Thessaloniki for Latin America. Investigators believe that it later loaded up to seven tonnes of cocaine off Venezuela. Police did not disclose ​its ‍final destination.

Another five ​people on board the vessel were arrested by French authorities, the official added. The ship, escorted by the French Navy over the past two days through the Atlantic, will be taken to a French port.

Greece ⁠has launched a probe into the owner of the vessel, who has ​a criminal record related to drug offences.

The Mediterranean country has stepped up the fight against drug trafficking in recent years as Europe ‌has become a top market for cocaine.

(Reporting by Yannis Souliotis; Writing by Renee Maltezou; Editing by Alex Richardson)

Key Takeaways

  • Five arrested in Greece for cocaine trafficking.
  • Operation involved a Greek-operated fishing vessel.
  • DEA collaborated in the investigation.
  • Seven tonnes of cocaine estimated to be trafficked.
  • French authorities also made arrests.

Frequently Asked Questions

What is drug trafficking?
Drug trafficking is the illegal trade of drugs and controlled substances, often involving large-scale operations that transport drugs across borders and distribute them within countries.
What is international crime?
International crime refers to criminal acts that violate international laws and treaties, often involving cross-border activities such as drug trafficking, human trafficking, and terrorism.
What is law enforcement?
Law enforcement refers to the agencies and officers responsible for enforcing laws, maintaining public order, and preventing, detecting, and investigating crimes.
What is criminal finance?
Criminal finance involves the financial aspects of crime, including money laundering and the financial management of illegal activities to conceal their origins.
What is money laundering?
Money laundering is the process of making illegally obtained money appear legitimate by disguising its original source, often through a series of complex financial transactions.

Tags

Related Articles

More from Headlines

Explore more articles in the Headlines category