Financial Crimes in Russia in 2011

in Business Risk

Financial crimes in Russia in 2011 causes up to $158 Billion (5 Trillion Rubles) in illegal turnover, an amount equal to 10 percent of Russia’s GDP.

56,700 crimes took place between January and November 2011 that impacted the financial and credit industries of Russia.

653 cases of money laundering were investigated during that time period.

Source: “Financial Crime At $158Bln,” Moscow Times, January 11, 2012.

Previous post:

Next post: