Russians Caught Laundering Money In Hungary
- 23 Mar 2017 8:42 AM
According to an infographic in Novaya Gazeta, 68 transactions were conducted in Hungary with a total value of USD 24.6 million.
The laundering is aimed at transferring money illegally out of Russia. According to the general pattern, the gang set up fictitious companies in the UK, with CEOs from Moldavia or Ukraine, who sued Russian individuals or companies in Moldova for unpaid invoices. The money transfer then became legal based on a Moldovan court ruling.
Source: Hungary Around the Clock
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