Troika laundromat

It was discovered by the Organized Crime and Corruption Reporting Project (OCCRP) with 21 media partners from Europe, North America, and South Korea in 2019.

Investigative journalists sifted through 1.3 million bank transactions between 233,000 companies and individuals, with a total value over US$470 billion, dated between 2006 and 2012.

[6] Between December 2006 and February 2008, Erich Rebasso, an Austrian lawyer used 150 individual transactions to send almost US$96 million to laundromat accounts at Ukio Bankas, a Lithuanian bank.

[7] In 2008, Rebasso sent a letter to the main Vienna headquarters of the Federal Criminal Police, the country's top law enforcement agency.

While police looked into the matter, it was two years later when they informed him that they had stopped the proceedings because they believed any potential crime had happened outside their jurisdiction and been committed by foreigners.

[3] He supposedly provided a loan to a business that was a part of the plan, according to one document that bears his signature, but the OCCRP claims there is no "definitive evidence" that he was aware of the fraud.

[16] However, the data, which is being scrutinized by government prosecutors in Lithuania, raises concerns about the bank's transfers being only lightly inspected.

The scam cost the Russian government approximately 1 billion rubles ($40 million) in missing tax income.