A Venezuelan and two locals have been arrested and charged for the offence of money laundering.
The Venezuelan, Adonys Alejandro Sencler Ruiz, was arrested along with Ernie Zilta of La Ressource, Vieux Fort and Gaspard St Hilaire of Desruisseaux, Micoud.
The three men were arrested and charged by police officers attached to the Financial Intelligence Authority.
The sum of 287, 700 Euros and $US 10, 000 in cash was found in their possession on Sunday, October 2, 2016 in the South of the Island.
The Financial Intelligence Authority has said that the trio is being held in custody pending an appearance before a Magistrate for a bail hearing.