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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

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Arrow 2 replies Author Time Post
Phoenix61 May 2017 OP
mopinko May 2017 #1
LineNew Reply The RealEstate purchases used to launder the $$ sound very familiar..The deal gave future immunity..
MedusaX May 2017 #2
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