The FinCEN Files, the massive leaks revealing some 2 trillion US dollars in dirty money transactions worldwide, also include banks operating in Lithuania.
Between 2000 and 2017, several banks in Lithuania have received and transferred 29.9 and 41.1 million US dollars, respectively, in suspicious transactions.
In some 2,500 documents leaked to Buzzfeed News and other media, 171 transactions reported as suspicious feature Lithuanian banks. Fourty-eight of the transactions totalling 16.6 million US dollars took place via the Snoras bank.
Snoras went bust in 2011, soon after its two owners, Vladimir Antonov and Raimondas Baranauskas, were accused of appropriating and embezzling the bank’s assets. The charges against them also included laundering illegally acquired assets, fraudulent bookkeeping, abuse and document forgery. Antonov and Baranauskas initially fled to the UK and subsequently to Russia.
Fourty-one suspicious transactions documented in the FinCEN Files, totalling 18.59 million US dollars, were transferred in and out of DNB which merged with Nordea in 2017 to form a new bank, Luminor. Other banks mentioned in the leaks include SEB, Medicinos Bankas, Ūkio Bankas, and Danske Bank.
All of the suspicious transactions involved four banks operating in the US – BNY Mellon, JPMorgan Chase
The post Lithuania in FinCEN dirty money trail: millions wired through now-bankrupt bank first appeared on The Baltic Word.