Uncovering Major Russian Money Laundering Networks: A Global Crackdown
UK and US authorities expose and dismantle billion-dollar money laundering operations linked to Russian elites, drug cartels, and cybercriminals.
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Summary
In a significant operation involving the UK’s National Crime Agency and the US Treasury, authorities have uncovered major Russian money laundering networks serving drug gangs and cybercriminals. Named Operation Destabilise, the operation led to 84 arrests and the seizure of over £20m in cash and crypto. The networks facilitated illicit transactions for Russian elites seeking to bypass sanctions, linking them to drug trade financing across Europe. Notable figures involved, including Ekaterina Zhdanova and George Rossi, have been sanctioned as part of coalition efforts against transnational crime. Investigations reveal a complex collaboration between crypto networks and European crime gangs.
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