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Turkish businessman extradited to US on money laundering and wire fraud charges

By Alisha Houlihan for AMLi

US Authorities have extradited a Turkish businessman from Austria to face charges of money laundering, wire fraud and obstruction. 

Sezgin Baran Korkmaz arrived in Utah on Friday in the custody of US Marshals and was indicted for laundering $133M ($131M) in illegal proceeds through Turkish and Luxembourg bank accounts by a Utah grand jury .

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