British police crack down on massive Russian money-cleaning networks
UK crime fighters broke up two big money-cleaning rings tied to Russian elite and criminals. Joint work with US partners led to many arrests and millions in seized money
British crime-fighters hit hard against illegal money flows tied to Moscow‚ taking down two major cash-cleaning networks (that helped rich Russians and criminals move their money around the world)
The nation-wide sweep — part of a cross-border action called Operation Destabilize led to over 80 arrests and grabbed about £20 million in dirty money and digital coins. The UKʼs National Crime Agency worked side-by-side with American partners who put new limits on top money-movers
The busted networks helped all sorts of bad actors: Russian oligarchs‚ mob groups cyber-thieves and drug sellers move their cash through the system. The operation shows how UK law teams are getting better at finding hidden money trails that connect to Moscow
The take-down happened right when US officials announced they would block several key people who ran these money-cleaning rings. This team-up between UK and US shows how theyʼre working together to stop illegal Russian money from moving around
