New way to launder money: payment of transport services
The Central Bank said that the amount of remittances in foreign trade contracts for the transportation of goods is growing disproportionately to volume of imports.
Russian Central Bank (CB) urged banks to closely check remittances in foreign trade contracts for the transportation of goods. On a new method of money laundering Vedomosti learned from the letter of Central Bank Deputy Chairman Dmitry Skobelkin.
He noted that the number of such transfers is increasing disproportionately to the volume of imports. Bank of Russia specialists believe that the purpose of such operations is the illegal withdrawal of money from the country and money laundering. The quantity and volume of transactions the bank regulator did not specify.
In connection with the new scheme of money laundering the CB reminds banks of its right to refuse a client in the operation of the account. In particular, the Bank of Russia recommends to interrupt the relationship with customers, if the bank has any doubts about the authenticity of documents or if the client provides part of its package. In carrying out suspicious transactions the credit institution shall inform the Federal Financial Monitoring Service. In addition, the Central Bank has warned that banks should ask from suspicious customer a certificate of transaction, a statement of banking supervision, copies of the documents on the purchase of goods and documents confirming its existence. If the shipper or the carrier have no documents proving the existence of the goods, there is no transaction certificate, and for the settlement of contracts used accounts where other payments are rarely carried out, it is likely that the financial institution has the deal with the withdrawal of funds.
Earlier, the Bank of Russia gave recommendations to deal with the new scheme of laundering money through court decisions and bailiffs. We are talking about the Moldavian scheme advanced in Russia. Its peculiarity is that it allows you to withdraw money abroad on a completely legitimate grounds. Non-residents sue to recover the debt with a fictitious legal entity in Russia (usually shell companies). The respondent agrees to pay off the debt. The scheme uses decisions of the arbitration and the ordinary courts. With judgment crooks turn to the bailiffs, who write off the money through banks and transfer to the plaintiff company's account, thus legalizing them.
According to the investigation, having taken a five-billion loan ($88.7m) from Sberbank in 2008, the owner of Pavlovskgranit deliberately split up the assets of the company so that creditors could not bring a charge against him to court.