Law enforcement officials uncovered a currency exchange center with a monthly turnover of 500 million hryvnias
Under the procedural guidance of the Office of the Prosecutor General, the Economic Security Bureau uncovered an extensive network of money-laundering centers through which approximately 500 million hryvnia flowed each month. The total volume of financial transactions in the scheme amounted to 23.5 billion hryvnias, and the amount of tax evasion reached nearly 3 billion hryvnias.
During 50 raids in Kyiv, Kharkiv, and Odesa, law enforcement officials seized millions in cash and served notices of suspicion to those involved in the scheme. The special operation was carried out in partnership with the State Border Guard Service and the Cyber Police, and details of the investigation are expected to be released on Monday, September 21.
Source: Office of the Prosecutor General, Director of the Economic Crimes Bureau Oleksandr Tsivinsky.
Detectives from the Economic Security Bureau’s Territorial Directorate in Kyiv Oblast, together with Cyberpolice operatives, uncovered a large-scale money-laundering operation used to facilitate shadow transactions in the agricultural sector.
The Economic Security Bureau dismantled a large-scale “money-laundering center” that had been operating since at least 2020 and provided services to hundreds of companies throughout Ukraine.
