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NEWS: US sanctions Russian national for helping elites launder money

ROSFIN: "The intelligence requests emanating from this FIU have consistently displayed political influence and have been deployed to manipulate the rule of law, often targeting political opponents or those who have voiced objections to certain business practices."

By Katharine Jackson and Timothy Ahmann

The United States sanctioned a Russian national on Friday for helping Russian elites to launder and transfer hundreds of millions of dollars using virtual currency in contravention of existing sanctions imposed after Moscow’s invasion of Ukraine.

Ekaterina Zhdanova helped a Russian client hide their source of wealth to transfer more than $2.3 million into western Europe through a fraudulently opened investment account and real estate purchases in 2022, allowing for sanctions evasion, the Treasury Department said in a statement.

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