US Atty Files Complaint in $230M Russian Fraud Scheme

Law360, New York (September 10, 2013, 2:22 PM EDT) -- The U.S. Attorney for the Southern District of New York announced Tuesday the filing of a civil forfeiture complaint against nine corporations controlling high-end real estate in Manhattan over a $230 million Russian tax refund fraud scheme.

The complaint, filed in Manhattan federal court, alleges that nine companies controlling luxury property in Manhattan, and two related companies, laundered a portion of the funds of an elaborate tax refund scheme involving corrupt Russian officials. A Russian lawyer who exposed the conspiracy was arrested and died under suspicious circumstances...
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