Two men charged with money laundering in Faroe Islands after airport arrest

The Faroese Court is hearing a case today involving money laundering.

Two men from Denmark have been charged. They were arrested at the airport while attempting to leave the country.

Each was carrying approximately 20,000 Danish kroner. The police suspect that the money is derived from illegal activities.

The men had only been in the Faroe Islands for a few days and deny the charges against them.

This case marks the second instance of Article 290a of the Penal Code being applied in the Faroese Court.

This article states that individuals found guilty of money laundering may face fines or imprisonment for up to one year and six months if they manage or transfer funds that are directly or indirectly proceeds of a criminal offense, in order to conceal or disguise the illegal source.

In a previous case, a man from the Netherlands received a 40-day suspended sentence last summer. He was found with 44,000 kroner and was subsequently banned from the country for three years.

Like the current defendants, this man was a tourist in the Faroe Islands, staying for 14 days, during which he admitted his guilt.