A Russian cellist and childhood friend of Vladimir Putin received at least $69 million from Troika Laundromat companies. He earned $11.6 million from cancellation fees for 16 consecutive stock deals.
Perhaps one of the most powerful tales of the Troika Laundromat comes from a dead man: a Viennese lawyer who regretted his involvement in the scheme — and whose body turned up in an Austrian forest.
Laundromats are complex systems for moving money that allow corrupt politicians, organized crime figures, and wealthy businessmen to secretly invest their ill-gotten millions, launder money, evade taxes, and fulfill other goals.
The central London apartment where Mihaela Muruianu once lived.
The daughter of a top Moldovan judge lived large in London thanks to 1.6 million lei (US$ 130,000) that was channeled through two companies involved in the Russian Laundromat -- a massive money laundering scheme that pumped billions of dollars through Moldova from Russia.
Denmark’s biggest bank, Danske Bank, is alleged to have actively and knowingly helped highly questionable clients to elude the scrutiny of authorities, Danish newspaper Berlingske revealed on Thursday.
The Azerbaijani Laundromat is a complex money-laundering operation and slush fund that handled $2.9 billion over a two-year period through four shell companies registered in the UK.
Russia’s dirty laundry has been put out to dry by investigative reporters working together across 32 countries in a major project led by the Organized Crime and Corruption Reporting Project (OCCRP) and Moscow-based Novaya Gazeta.
Three years ago, OCCRP exposed the “Russian Laundromat” - an immense financial fraud scheme that enabled vast sums to be pumped out of Russia. The money was laundered and moved into Europe and beyond through bribery and a clever exploitation of the Moldovan legal system.
Sixteen judges and four court bailiffs have been accused by Moldovan anti-corruption prosecutors of involvement in the notorious Russian Laundromat, a massive money-laundering scheme that siphoned an estimated US$ 20 billion in dirty money from Russia into the European Union and other locations.
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