ATHENS – A suspect in the shooting death of a civil engineer who did work on Mykonos has been kept in custody and being investigated for money laundering while Greek police teams on the island are looking into organized crime there.

The 44-year-old arrested in the murder of 54-year-old Panagiotis Stathis, shot multiple times in his car in an Athens neighborhood, wasn’t named but Anti-Money Laundering Authority and Deputy Prosecutor Charalmbos Vourliotis is examining the suspect’s financial records, said Kathimerini.

A second person is also under investigation, it was said, and the assets of those said tied to the brazen murder are also being focused on, the report said, after the paper said the island has come under the control of mobsters and developers.

Stathis, a land surveyor, reportedly was in Mykonos every week doing work and the investigation is also looking into his financial affairs and potential motives after a report he was involved in a confrontation.

The suspect, who has a long criminal record and was involved in the kidnapping of shipowner Periklis Panagopoulos in 2009, denied killing Stathis and was apprehended after surveillance cameras saw him switching from a scooter used in the shooting onto his own motorcycle later.

Traces of gunpowder were also found on his belt, the report said, the crime coming after an archaeologist who worked on the island was beaten nearly to death in Athens sparked the investigation into alleged gangster activity.

Developers are running amok on Mykonos where the government has been unable to control runaway development on one of the country’s most popular islands known for tax evasion, gouging tourists and working waiters like slaves.

Supreme Court prosecutor Georgia Adelini ordered coordinated investigations of criminal gangs on the island as well as other islands, Attica and Thessaloniki and Citizen Protection Minister Michalis Chrysochoidis said more arrests are coming.