Man Behind Illegal Money Transfer Plot Gets Probation

Law360, New York (June 9, 2011, 5:18 PM EDT) -- An Oregon man who pled guilty to running an illegal money transfer business that moved $172 million belonging mostly to Russian businessmen in and out of the country was sentenced Tuesday to three years of probation and four months' house arrest.

Victor Kaganov pled guilty back in March to one count of operating an unlicensed money transmitting business. He faced up to five years in prison and a $250,000 fine, but prosecutors recommended he get 18 months in prison.

U.S. District Judge Garr M. King sentenced...
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Case Information

Case Title

USA v. Kaganov


Case Number

3:10-cr-00069

Court

Oregon

Nature of Suit

Date Filed

March 2, 2010

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