Look up The Bank of New York and the Russian Mafia. Pull this up and read the whole thing. Here are excerpts:
Re Red Mafia money laundering $7 billion through Bank of New YorkAugust 30, 2002 article on Internet:
https://www.crji.org/articles.php?id=4036CRJI.org Investigations articles
RUSSIAN BUSINESSES WITH ORGANIZED CRIME LINKS EXPANDING INTO ROMANIA by Paul Cristian Raciu
[FBIS Translated Text] Experts in the field of cross border organized crime say, "Today, Russia is a perfectly defined mafiosi regime." The Red Mafia, with the complicity of the KGB and GRU's [Glavnoye Razvedyvatelnoye, Russia's Main Intelligence Administration] former structures, and also with that of many politicians in the Kremlin, has created organized crime rings, which have long ago gone beyond the Russian frontiers, covering the whole world. The Russian roller, perceived as economic penetration, has not avoided Romania either. this article is the first information on one of the deals that some Russian companies, which have a close connection to the secret services in the country at our eastern border, are running on Romanian territory. Moreover, behind these companies the shadow of the most dangerous organized crime groups worldwide can be seen, together with a detailed plan, carefully drafted, aimed at expanding the [influence of the] Russians toward the West.
"Derutra" and Soviet Espionage
"At the onset of the '20s, under the discreet patronage of the Russian espionage services, Russia and Germany set up a limited responsibility company [SRL], whose name was "Derutra GmbH, of "Deutsche Russische Transport Gesellschaft." the SRL was meant to facilitate the collaboration developed at the military level between the two countries. Until the end of the '30s, they concluded many armament deals. As a matter of fact, "Derutra" is mentioned in documents during Trotsky's time, as well as in Report 5969, dated 8 July 1925, signed by a certain M.I. Frumkin, who was a people's commissioner at that time, in charge of foreign trade issues...
"MDM Group
"MDM GROUP (Mezhregionalny Delevoi MIR - Interregional Business World <akpr omterests of our eastern neighbors hide behind the Derutra Romania SRl deal. They lead directly to the most important oligarchies in contemporary Russia. On 21 February 2002, Seregie Popov, the director of the MDM Group made the following statement to the Interfax news agency. "The acquisition of an industrial asset in Romania (Artrom -- Evenimentul Zilei editor's note) was finalized in accordance with the MDM group's strategy, which aims at developing pipe production [industry] both in Russia and also outside the country." In an interview granted to the Russian Business Monitor publication, on 19 August 2002, another representative of the group explained what the MDM strategy consists of. "We do not have time to do portforlio investments. We only make direct investments, provided we obtain control [over the respective companies] by purchasing stock belonging to the companies we are involved in." These declarations must be added to a whole series of articles published in the international media about the acquisition of the Artrom SA company by the MDM group...
"Russian Organized Crime"The MDM group has been often mentioned in a huge scandal that dealt with the alleged laundering of more than $7 billion, over 1996-1999. The money belonged to the Russian Mafia and the operation was made through the Bank of New York (BoNY). Important names were involved in this scandal, such as that of Aleksandr Mamut, chairman of MDM. (He resigned when the scandal emerged. Andrei Melnichenko replaced him). Another important name is that of Semion Moghilevich. The FBI characterizes the latter as "the most dangerous mafiosi worldwide." The BoNY scandal has brought serious damages to the MDM group. According to the Russian Business Monitor, Westerners still perceive this group as "the gangsters' money bag."
"However, the MDM group's problems did not end with the BoNY deal. The group is also involved in many scandals. Among them we may mention a lawsuit in which the group and several other associates are asked to pay damages amounting to $3 billion. The lawsuit, currently under debate at the US District Court for the Southern District of New York, involves a group of Russian businessmen as plaintiffs and the MDM, Oleg Deripaska (the head of Russky Alyuminiy) and others, as defendants. The latter are charged, on the grounds of the US RICO law (Racketeering Influence and Corrupt Organizations Act), with contract murders, offering bribery, fraud, and money laundering. All the aforementioned acts were reportedly carried out to enable them get hold of all the factories or units dealing with the iron and steel industry..."
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