Report: The British Crown is Connected to Russian Money Laundering Network

(Photo Credit: United Nations)

 

The report details how billions of dollars in cash have been funneled through offshore companies to disguise their original sources.

London’s The Guardian newspaper has published an expose detailing how a charity run by Prince Charles has received donations from an offshore company that funneled $4.6 billion in cash from Russia.

The report states that money flowing through the network is linked to “some of the most notorious frauds committed during Vladimir Putin’s presidency.” It notes that more than 1.3 million transactions have been identified by the Organized Crime and Corruption Reporting Project as the result of one of the largest bank record leaks in history.