U.S. Attorney Ryan K. Buchanan said on May 1 that a Russian citizen, Feliks Medvedev, has been indicted on one count of operating an unlicensed money-transmitting business and 39 counts of money laundering. “These types of criminal actions pose a serious danger to the integrity of our financial system,” Buchanan said in a statement, adding that the 41-year resident of Buford, Georgia, is suspected of registering eight companies in Georgia that were used to transmit over $150 million in a series of 1,300 transactions. The U.S. Federal Bureau of Investigation has launched a probe into the case. To read the original story of the Current Time, click here.
U.S. Prosecutors Indict Russian Citizen For Money Laundering, Illegally Transmitting Over $150 Million
- By Current Time
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