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Home » International operation uncovers large scale scheme laundering hundreds of millions of euros

International operation uncovers large scale scheme laundering hundreds of millions of euros

An ongoing investigation in three countries has led to the arrest of a Ukrainian entrepreneur suspected of laundering illicit funds through real estate in France and Monaco. French, Ukrainian and Monegasque authorities are working together to uncover a large scale money laundering scheme involving profits from the illegal sale of arms and of shares in a defence company. EUR 57 million of illicit profits were frozen in France and are intended to be returned to Ukraine.Read More