Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Swiss Report on Mafia

BERN, Switzerland -- The Russian Mafia has established a stronghold in Switzerland, using the Alpine country as a base for drugs and arms deals and money laundering, an official report said Friday.

Without rapid action, there was a risk of the Swiss economy being infiltrated by organized crime, the report by the Swiss Federal Police Office said.

It said 90 firms based in Switzerland were suspected of criminal activities in connection with the Russian Mafia.

"This is only the top of the iceberg," said the report.