Originally Posted by Bladewire

And wait for it.... He's a Russian money launderer and is on video with Donald Trump in Moscow at the Miss universe pageant. He created 2,000 businesses in Delaware and opened bank accounts for them. Now investigators are tracking where $800 million from Russia was disbursed from his dealings.

Money laundering:

"According to a New York Times article in 2000, Kaveladze, who immigrated to the U.S. in 1991 from Russia, once set up over 2,000 corporations for Russian brokers in Delaware and then opened bank accounts for them."

The report was part of a Congressional inquiry which was aimed to find out how easy it is for foreigners to hide their identities in companies and launder money through American banks.

The article said that over $800 million was wired from foreign countries to 236 bank accounts that Kaveladze opened for Russian clients through Citibank in the name of his company, International Business Creations. That money was then sent back to overseas accounts, government officials concluded.

https://heavy.com/news/2017/07/ike-k...ting-agalarov/