Illegal banking activities which resulted in channeling several dozen billion rubles to the informal sector has been stopped

Officers of the MIA General Administration of Economic Security and Combating the Corruption together with the Russian FSB and Administration of Economic Security and Combating the Corruption of MIA General Administration for the City of Moscow stopped the activities of an organized group whose members are suspected of illegal financial transactions.

It was found that members of the group since 2008 in the absence of the necessary licenses and permits were engaged in cash settlements, cash transfers on instructions of legal entities and individuals and in funds encashment for a commission fee.

In their activities, the malefactors used nearly all the widespread schemes of cash withdrawal out of the legal turnover. They had at their disposal about a hundred of controlled "phony companies" in different regions of Russia,the accounts of which were used in sham transactions for crediting funds of clients, ostensibly, as payment for goods and services.

Encashment of a part of the money was carried out from debit cards registered to cappers through ATMs in the Republic of Dagestan.

According to the available information, several dozen billion rubles were channeled to the "shadow" economy only.

The General Investigative Administration of the MIA General Administration for the City of Moscow initiated a criminal case on charges of "illegal banking activity involving the extraction of income on a large scale."

The Police in Moscow and the Moscow Region searched 22 residences and offices, seized seals and the founding documents of organizations involved in the scheme, electronic carriers with the "bank-client" system of remote control of legal entities' settlement accounts, management accounting, as well as cash in the amount of 20 million rubles.

Four active members of the group were detained pursuant to Art. 91 of the Criminal Code of the Russian Federation.

The complex of operational and search measures aimed at decriminalizing the credit and financial sphere, continues.

Press-Service of the MIA General Administration of Economic Security and Combating the Corruption

 

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