World & BusinessKremlin-backed forgery scheme reportedly moved $6.9 billion through global banks
The Financial Times says a leak from inside fintech A7 revealed thousands of Russian payments handled by Standard Chartered, Citigroup and other international groups.
TLDR
The Financial Times reports that a Kremlin-backed forgery scheme moved $6.9 billion through global banks. It says the fintech company used a vast document-forgery operation to gain access to the global financial system. The FT names Standard Chartered and Citigroup among the banks that handled the money, drawing on a leak from inside fintech A7.
Kremlin-backed forgery scheme reportedly moved $6.9 billion through global banks
The Financial Times says a leak from inside fintech A7 revealed thousands of Russian payments handled by Standard Chartered, Citigroup and other international groups.