In Germany, law enforcement authorities confiscated the property of 50 million euros in the case of one of the largest money laundering schemes from Russia, the so-called “Russian Laundry”, writes micetimes.asia.

During the three-day operation police officers confiscated in the Bavarian cities of Nuremberg, Regensburg, Mühldorf am Inn and in the Hessian Schwalbach four buildings and arrested the accounts, which in General was almost 8 million euros.

In total, the amount seized was approximately 50 million euros.

Commercial real estate and Finance, have been arrested by police in Germany are directly connected with the system of money laundering that have different names: “Laundromat service to our”, “Russian Laundry”, “Moldovan scheme.”

Using the schema from Russia were withdrawn huge sums – at least $ 22 billion in just three years, from 2011 to 2014. Presumably, it is the largest in the history of the operation on money laundering.

This is the first loud shot in Western Europe, “Russian Laundry”, which is known in 2014, when the fraudulent scheme told journalists the Centre for the study of corruption and organized crime (OCCRP).

Prosecutors acknowledge that the OCCRP report, published in 2014, has played an important role in the investigation. Although the result in Germany was started a year earlier journalistic publications, but by the time police were able to establish only the fact of money laundering, but not to trace the entire circuit up to Russia.

The scheme is the most ambitious of the known withdrawal of money from Russia looked like this: fraudsters received the bogus solutions of the Moldovan court to recover with a fake Russian one-day firms debt multimillion-dollar sum.

The money from the companies that existed only on paper, “miraculously” were sent to firms-lenders in the UK or offshore.

“Moldovan” scheme was named because a large part of the funds was withdrawn through the Moldovan Bank Moldindconbank. Another part was sent on, in the Latvian Trasta Komercbanka, where did the, in particular, in Germany, after German Deutsche Bank and Commerzbank. Once in the EU, the money was considered to be “laundered”.

On the origin of billions and who is behind the money, you know it is still a little.

Among the major beneficiaries of the “Laundry” OCCRP found the Russian “kings order” Alexei Krapivin and Valery Markelov. According to OCCRP, the associated holding “Group of companies 1520” is the largest contractor of Railways.

OCCRP Executive Director Paul Radu said involved in the investigation reporters after the publication suffered from a provided pressure on them. Without naming names, Radu said that colleagues had to change their country of residence.

Parliament suggests that the true extent of money laundering in many times more and the consequence managed to see only the tip of the iceberg.