FSB officer cashed and funneled $75.7 million abroad
Sergey Radzyvilyuk is suspected of orchestrating illegal banking activities. It was not possible to detain him since he is in Riga.
St. Petersburg Investigative Committee of Russia suspected retired FSB Colonel Sergey Radzyvilyuk of organizing Illegal Banking Activity (Art. 172 of the Criminal Code), Fontanka reports without disclosing sources.
The Main Directorate of the Ministry of Internal Affairs also reported searches and detentions in a criminal banking activity case, without specifying the name of the scheme orchestrator. The agency says about 45 searches in Moscow, St. Petersburg, Rostov-on-Don and Taganrog.
Fontanka writes that the investigation merged three criminal cases into one proceeding. According to law enforcement officers, participants in the criminal scheme cashed and withdrew money through shell companies from 2014 to 2018. In total, according to investigators, 4 billion rubles ($60.5 million) were cashed. Another 1 billion rubles ($15.1 million) was funneled abroad.
It is reported that after the searches about 20 defendants in the case have been rounded up. Six of them were detained for two days. Currently, a measure of restraint is being chosen for them.
According to Fontanka, it was impossible to detain the alleged organizer of the scheme, Colonel Radzyvilyuk, since he is in Riga. The media outlet reports the former FSB officer retired back in the 1990s and went into business.