US Govt., Real Estate Firm, Settle Money Laundering Case
The U.S. government reached a roughly $5.9 million settlement in a money laundering case with a firm that was accused of being involved with a scheme to defraud the Russian treasury of $230 million.
May 15, 2017 at 04:05 PM
2 minute read
The U.S. government reached a roughly $5.9 million settlement in a money laundering case with a firm that was accused of being tied to a scheme to defraud the Russian treasury of $230 million.
Each side claimed victory in the wake of the accord.
The case had been set for trial on Monday, but the Southern District U.S. Attorney's Office and lawyers for Prevezon Holdings announced the deal late Friday.
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