Russia arrests brokers in $3.2 billion scam

Russia arrests brokers in $3.2 billion scam

PanARMENIAN.Net - Russia’s Federal Security Service (FSB) has arrested a group of stockbrokers for illegally diverting 100 billion rubles ($3.2 billion) into offshore accounts.

The group, led by Roman Nedyalkov, “consisted of several professional participants of the stock market,” FSB said in a statement on Monday, November 28.

“More than 100 billion rubles have been diverted abroad via their accounts,” the statement read.

The men face up to seven years in jail for illegal banking activities, RIA Novosti reported.

 Top stories
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million).
The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".
The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.
Partner news
---