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Kremlin-backed Forgery Scheme Moved Billions Through Global Banks

A Kremlin-backed forgery scheme reportedly moved $6.9 billion through international banks, including Standard Chartered and Citigroup.

  • A Kremlin-backed forgery scheme is reported to have moved $6.9 billion.
  • Thousands of Russian payments were handled by international banks, including Standard Chartered and Citigroup.
  • The information comes from a leak from inside fintech A7.

A Kremlin-backed forgery scheme reportedly channelled $6.9 billion through global banks. Thousands of Russian payments were handled by international groups, including Standard Chartered and Citigroup, according to findings from the Financial Times.

The details emerged from a significant leak originating from within fintech A7.

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