Money legalization via bankruptcy proceedings suppressed in the Ural Federal District

The Prosecutor's Office of the Chelyabinsk region in concert with Rosfinmonitoring, has identified and suppressed an attempt to use the insolvency (bankruptcy) procedure to legalize funds via a fake debt to the creditor of a bankrupt citizen.

The criminal tried to include in the Register of creditors' claims in bankruptcy of individuals the debt totaling over 10.8 million rubles under the loan agreement of 2013, which was doubtful and suspicious.

"During the investigation, the Prosecutor's Office submitted to the arbitrage materials, including those obtained jointly with Rosfinmonitoring, which testified to the creditor’s multiple questionable financial transactions, indicating the systematic nature of the activity related to money laundering," the department noted.

Prosecutor's Office of the Chelyabinsk region