May 8, 2019

Loomis investigates money laundering allegations

Loomis AB, a publicly traded cash transport and processing company based in Sweden, released a press statement on May 8, 2019 in response to allegations by a Danish journalist that the company had participated in a complex money laundering scheme by providing cash to a currency exchange office in Denmark.  Loomis indicated that it has decided to launch both internal and external investigations into the matter.

Loomis press release