Two Other People are Accused in the Billion-Dollar Bank Fraud Case

Two Other People are Accused in the Billion-Dollar Bank Fraud Case
by
02 July 2021 | 13:45

Two people, aged between 35 and 45, are accused in the billion-dollar bank fraud case after the Prosecutor’s Office for Combating Organized Crime completed the criminal investigation, announces the General Prosecutor’s Office.

Prosecutors claim that “the money was stolen by members of the criminal group led by the runawayI lan Shor, as part of the criminal organization led by runaway oligarch Vladimir Plahotniuc.”

“The funds obtained were transferred to non-resident companies, with the destination: payments for construction materials, digital equipment, branded clothing or furniture. The goal was to camouflage financial transactions.”

According to the General Prosecutor’s Office, during the years 2011-2014, the defendants from Chișinău – a man and a woman, working as accountants, participated in legalizing the money laundering transactions, which were based on obtaining over 40 of non-performing bank loans, contracted for seven companies, from three banks: Banca de Economii, Banca Socială and, Unibank.

The loans were granted by ignoring the established criteria, the procedures and policies of the commercial banks and the National Bank of Moldova, including by the influence of the leaders of the criminal group on the decision-makers of the mentioned banks.

The two would face up to 5 to 10 years in prison.

AUTHOR MAIL eng.zdg@gmail.com

 .

TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

Several articles published by ZdG during 2021 have had an impact and led to opening criminal cases or sanctions. The investigation ”Concrete Instead of Trees in a Chișinău Forest” brought to the public’s…
TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

INVESTIGATION: The Army from which Recruits Flee

“I left the unit out of fear. I joined the army to do military service and not to let someone mock me. (…) The superiors reacted aggressively. I learnt nothing from the military service: I made repa…
INVESTIGATION: The Army from which Recruits Flee

ZdG Interview with Maia Sandu, President of Moldova

“Fighting corruption is a very important process that we engage to complete; the country’s strategy, however, must focus on education.” A year after the inauguration of Maia Sandu as President…
ZdG Interview with Maia Sandu, President of Moldova

OPINION POLL: A Year with Maia Sandu: “I think she has to put Shor, Plahotniuc, Platon in prison and take all their fortunes and give them to the people.”

On December 24, 2020, Maia Sandu pronounced her inauguration oath of office as President of the Republic of Moldova: “I swear to give all my strength and skill to the prosperity of the Republic of Moldova, to r…
OPINION POLL: A Year with Maia Sandu: “I think she has to put Shor, Plahotniuc, Platon in prison and take all their fortunes and give them to the people.”

OPINION POLL: 2021 is Leaving. What Would We Take with Us into 2022?

We say goodbye to 2021- a year full of question marks. Knock on 2022. How will it find us? More peaceful, more optimistic, more hopeful, or tired of waiting? It will be warm in the house, there will be bread on…
OPINION POLL: 2021 is Leaving. What Would We Take with Us into 2022?

New US Ambassador to Moldova Kent Doyle Logsdon has taken the Oath of Office

The new US Ambassador to Moldova, Kent Doyle Logsdon, took the oath of office on Wednesday, December 28, in Washington DC. Ambassador Logsdon will soon arrive in Moldova to lead the Embassy team in further stre…
New US Ambassador to Moldova Kent Doyle Logsdon has taken the Oath of Office