HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Russian money laundering ...

Sun May 14, 2017, 11:15 AM

Russian money laundering case settled

It was supposed to go to court this Monday. I wonder if a backdoor deal was struck. Maybe that's why there is all the buzz about indictments.
http://www.cnn.com/2017/05/13/world/prevezon-settlement/

2 replies, 2376 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply Russian money laundering case settled (Original post)
Phoenix61 May 2017 OP
mopinko May 2017 #1
MedusaX May 2017 #2

Response to Phoenix61 (Original post)

Sun May 14, 2017, 11:18 AM

1. yeah, i suspect a deal.

prosecutors dont just dump cases, even when they dont want to actually prosecute them.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Phoenix61 (Original post)

Sun May 14, 2017, 11:39 AM

2. The RealEstate purchases used to launder the $$ sound very familiar..The deal gave future immunity..

So.. pay the fine... admit no guilt... receive immunity from future prosecution on any related court actions EQUALS turned states evidence on upcoming RICO cases and probably Witness Protection

Snip

Members of the criminal organization, and associates of those members, have also engaged in a broad pattern of money laundering in order to conceal the proceeds of the fraud scheme.

In a complex series of transfers through shell corporations, the $230 million from the Russian treasury was laundered into numerous accounts in Russia and other countries.

A portion of the funds stolen from the Russian treasury passed through several shell companies into Prevezon Holdings, Ltd., a Cyprus-based real estate corporation that is a defendant in the forfeiture action.

Prevezon Holdings laundered these fraud proceeds into its real estate holdings, including investment in multiple units of high-end commercial space and luxury apartments in Manhattan, and created multiple other corporations, also subject to the forfeiture action, to hold these properties.
Snip


https://www.justice.gov/usao-sdny/pr/acting-manhattan-us-attorney-announces-59-million-settlement-civil-money-laundering-and

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread