Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
503-670-7772
Menu
Search

In The News

Home > BSA/AML & Consumer Protection > This Billionaire Oligarch Is Being Investigated By A US Federal Grand Jury For Alleged Money Laundering
May26 - 20

This Billionaire Oligarch Is Being Investigated By A US Federal Grand Jury For Alleged Money Laundering

One of Ukraine’s wealthiest oligarchs, whose name emerged in the center of the Trump impeachment saga, is under investigation by a US federal grand jury for allegedly laundering hundreds of millions of dollars in US real estate, BuzzFeed News has learned.

Billionaire Igor Kolomoisky is accused by Ukraine regulators of orchestrating a scheme to siphon money from the country’s largest bank and funnel it into prime properties, including landmark office towers and steel facilities across the US.

The US grand jury is examining the finances of Kolomoisky, a key supporter of President Volodymyr Zelensky, in a probe that has tracked the money from the Ukrainian bank through a maze of offshore companies to the US, according to two sources familiar with the inquiry. Read the complete article HERE.

Categories

Archives

Events

February 16, 2022

FinTechs and cryptocurrencies have received credit for reinventing global financial services. These advancements have raised many questions for compliance professionals and how we operate in…

February 22- 25, 2022

The NMLS Conference will allow you to connect to the NMLS ecosystem to meet your peers, network with both regulators and industry partners, and hear…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.

Call Now Button