Major British Banks Laundered $20 Billion Out of Russia from 2010 to 2014
- Capitalism and structural systems have their benefits. Standard of living, a system to carry out massive tasks in a routine manner, you name it, but they've got drawbacks too. Wage disparity and the inability of such systems to spot out manipulation being a few. Today, a startling revelation has come to light. In a massive money laundering operation, dubbed 'Global Laundermat', shows that at least $20 Billion have been laundered out of Russia - illegally. An estimate 500 people are suspected to be behind the operation, with ties to the FSB - the Russian spy agency and other parties.
In a complex network, criminals out of Russia have been laundering money through banks registered in the US, UK and other countries. The majority of transactions are reported to have carried out through Moldova and Lativia. The documents, obtained by the OCCRP (Organized Crime and Corruption Reporting Proejct) reflect the progress of a three year investigation carried out by police in Latvia and Moldova.(Excerpt) Read more at: wccftech.com ...
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