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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussian money-laundering details remain in the dark as US settles fraud case
New York (CNN)A major US investigation into Russian money laundering has come to an abrupt end.
The case aimed to expose how Russian mobsters allegedly stole $230 million and hid some of the cash in New York City real estate. Also sure to come up was the suspicious death of the Russian lawyer who exposed the alleged fraud, though US prosecutors weren't alleging that the defendants were behind it.
The trial was set to start on Monday, but late Friday night, federal prosecutors in New York announced they settled the case with Prevezon, the company accused of buying up "high-end commercial space and luxury apartments" with laundered money.
The abrupt conclusion has some involved in the trial wondering why this Russian investigation had been cut short.
The case aimed to expose how Russian mobsters allegedly stole $230 million and hid some of the cash in New York City real estate. Also sure to come up was the suspicious death of the Russian lawyer who exposed the alleged fraud, though US prosecutors weren't alleging that the defendants were behind it.
The trial was set to start on Monday, but late Friday night, federal prosecutors in New York announced they settled the case with Prevezon, the company accused of buying up "high-end commercial space and luxury apartments" with laundered money.
The abrupt conclusion has some involved in the trial wondering why this Russian investigation had been cut short.
http://www.cnn.com/2017/05/13/world/prevezon-settlement/index.html
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Russian money-laundering details remain in the dark as US settles fraud case (Original Post)
spanone
May 2017
OP
This case is related to the Russian thrown "accidentally" from 4th floor, right?
Madam45for2923
May 2017
#3
edhopper
(33,543 posts)1. We know
the who's and why's. Don't we?
Dustlawyer
(10,494 posts)2. Ever get tired of our Justice Department settling these cases?
Just like the Wall Street fraud, it will continue until people start going to jail, but that is the point, right?
Madam45for2923
(7,178 posts)3. This case is related to the Russian thrown "accidentally" from 4th floor, right?
He was a witness/lawyer?
benld74
(9,904 posts)4. Really all depends on which FBI office did this
rockfordfile
(8,700 posts)5. It seems that Trump didn't want it to go forward.