US citizen Igor Buzyukov detained for theft and withdrawal of 8.5 million dollars to Russia

US citizen Igor Buzyukov detained for theft and withdrawal of 8.5 million dollars to Russia

Igor Buzyukov transferred most of the funds to several bank accounts owned by various individuals in Russia, Turkey, and Ukraine.

51-year-old Igor Buzyukov, who lives in Florida, was detained in the United States on suspicion of laundering $8.5 million and bringing them to Russia, Turkey, and Ukraine. According to the New Jersey State Office of Public Prosecutor, Buzyukov and his associates developed a scheme for obtaining access to the clients' accounts of a financial technology company located in the city of San Jose, California, between February and July 2018.

The scammer called the company on behalf of the client and asked to add another one to the existing present account - ostensibly to receive payments from e-commerce customers. Unauthorized bank accounts added to the accounts of the victims were controlled by Buzyukov through a Florida registered corporation. After the money went to unauthorized accounts, Buzyukov transferred funds to other bank accounts that he controlled. Then Igor Buzyukov transferred most of the funds to several bank accounts owned by various individuals in Russia, Turkey, and Ukraine.

Money laundering is subject to 20 years in prison and a fine of $500.000, or twice the cost of the property, whichever is greater.

Tags: Banks The US
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