5 months suspended prison sentence for laundering $ 35 million

It is a story of nickel-plated feet or a mediocre detective novel. In 2011, three young Russians were transferred $ 120 million to an account of the Bordier bank in Geneva. It is a small, discreet private establishment with the slogan “A bank of relationships”. The money came from a Latvian bank, on the occasion of a transfer between a company in the Bahamas and another domiciled in Panama.

You can embrace the profession of banker without necessarily being curious. Bordier is not surprised either when the three men ask to withdraw $ 109 million in cash. Such a sum does not fit in a suitcase, even in 100 dollar bills.

The bank does not have this fortune in notes. She will have to order the cash from UBS, the largest white cross establishment. The three Russians will then return most of the green notes to Bordier bank, to place them in other accounts.

The maneuver has no economic logic except that it is a crude operation to launder money. However, the Geneva justice system did not wish to worry the Bordier & Cie bank, active in Paris, London, Montevideo, Singapore, and in the Turks and Caicos Islands, in the Caribbean.

Since 2011, this case has hardly occupied the headlines of the local press. In 2014, we only learned that one of the Russians, Ruslan Pinaev, had preferred to settle in Israel. Having obtained a safe conduct from Switzerland, he had been able to meet the Geneva magistrates twice in January and September 2013, without being worried. Despite everything, the justice of the city of Calvin had not let go.

The Gotham City investigation site has just revealed that after nine (…)

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