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LATEST: Swiss court reduces sentences of convicted money launderers

By Alisha Houlihan for AMLi

A Swiss court has reduced the sentences of two businessmen who were convicted in 2013 for mass money laundering.

The pair, who are from the Czech Republic, reportedly manipulated stock prices to their advantage through offshore schemes in the Mostecka Uhelna Spolecnost (MUS) coal company privatisation scheme, reports SwissInfo.

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