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Mon Mar 4, 2019, 01:38 PM

Russia - THE TROIKA LAUNDROMAT -

"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."

OCCRP has previously exposed three such schemes: The Proxy Platform, the Russian Laundromat, and the Azerbaijani Laundromat.

"The main purpose of the system we’ve named the Troika Laundromat was to channel billions of dollars out of Russia. But it was much more than a money laundering system: The Laundromat allowed Russian oligarchs and politicians to secretly acquire shares in state-owned companies, to buy real estate both in Russia and abroad, to purchase luxury yachts, to hire music superstars for private parties, to pay medical bills, and much more.

To protect themselves, the wealthy people behind this system used the identities of poor people as unwitting signatories in the secretive offshore companies that ran the system."

[link:https://www.occrp.org/en/troikalaundromat/|

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Reply Russia - THE TROIKA LAUNDROMAT - (Original post)
blondebanshee Mar 4 OP
C_U_L8R Mar 4 #1
2naSalit Mar 4 #2

Response to blondebanshee (Original post)

Mon Mar 4, 2019, 01:49 PM

1. Wilbur Ross and The Bank of Cyprus

ought to know a thing or two about that

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Response to C_U_L8R (Reply #1)

Mon Mar 4, 2019, 03:57 PM

2. +1

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