The houses and flats are located around the country and range from EUR 70,000 to 250,000 in value. Owners obtained loans for them that were ten times below their actual value, police told reporters on Saturday.
Criminal reports have been filed against four men and one woman for signing usurious contracts, threats, fraud, and document and money forgery. The owners of the exchange offices have also been reported for putting in circulation millions in illegal foreign currencies.
An investigation established the crimes were committed between March 2009 and July 2012.
Searching the suspects' flats and houses, exchange offices and other business premises, police seized a substantial amount of money in foreign and domestic currencies, jewelry, a handgun and a hand grenade.