Contents tagged with Global Laundromat

  • Moldova discloses details of $22 billion money laundering case

    Criminal cases were brought against a number of judges, bailiffs and employees of the National Bank of Moldova. Through a statement posted on their official website, the Prosecutor General's Office of Moldova described the details of an ongoing investigation about the laundering and removal of $22 billion from Russia.

    According to the statement, charges were brought against 16 judges, four bailiffs, four employees of the National Bank of Moldova including the deputy head, as well as nine …

  • Media: At least 27 German banks laundered money from the Russian Federation

    No fewer than 27 German banks received money that Russian cybercriminals laundered in Europe from 2010 to 2014. The accounts of German credit institutions received a total of 66.5 million dollars.

    This has been reported by the newspaper Süddeutsche Zeitung (SZ), which participated in an international investigation of the scheme code-named “The Global Laundromat”.

    As the newspaper notes, in all cases the money transfers came from the Moldovan Moldindconbank or the Latvian Trasta Komercbanka. …