Reporters Uncover $9B Russian Money Laundering Scheme
Details of the so-called Troika Laundromat scheme were published Monday by the Organized Crime and Corruption Reporting Project, the result of one of the largest-ever leaks of banking transactions. Operating as a network of more than 75 offshore companies, it was run by top Russian investment bank Troika Dialog, and beneficiaries included a charity linked to Britain’s Prince Charles and cellist Sergei Roldugin — a longtime friend of Russian President Vladimir Putin.
Is this scheme unique? The OCCRP says it’s just the “tip of the iceberg,” with similar plots enriching not only elites in Russia and other post-Soviet countries but also drug cartels farther afield.