16-Year-Old Hoarded Drug Money in Vienna Shed

Teenager Arrested, Over 300,000 Euros Seized

Austrian police have arrested a 16-year-old boy in Vienna after discovering over 300,000 euros hidden in a shed. The money is believed to be linked to drug trafficking operations.

Suspect Apprehended During Drug Sale

The suspect was detained during a drug deal in the Favoriten district of Vienna. Upon searching his belongings, police found a small amount of cocaine and cash. Further investigation led them to the shed where the bulk of the money was stashed.

Hidden Fortune in Cash and Cryptocurrency

Inside the shed, police discovered a large amount of cash, as well as cryptocurrency wallets containing Bitcoin and other digital assets. The total value of the seized assets is estimated to be over 300,000 euros.

Money Laundering Investigation Ongoing

Authorities believe that the money is linked to drug trafficking activities. The suspect is currently being held in custody while police investigate the origin and destination of the funds. Money laundering charges are expected to be filed.

Teenager's Motive and Connections

The motive behind the teenager's involvement in drug dealing is still under investigation. Police are also looking into the extent of his connections to organized crime groups.

Vienna's Drug Problem

Vienna has been grappling with an increase in drug-related crime in recent years. The discovery of such a large amount of drug money suggests that the problem may be more severe than previously thought.

Police Crackdown on Drug Trafficking

The arrest is part of an ongoing crackdown on drug trafficking in Vienna. Police are determined to disrupt the flow of illegal drugs and dismantle the criminal networks behind them.

The investigation into the 16-year-old suspect's activities is ongoing. More arrests and charges are expected as the case progresses.