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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.