Investigation of the facts of illegal banking activities

The license of Bank M was revoked. The bankruptcy administration contacted us and requested to conduct investigation in respect of monetary funds withdrawn from Russia to private accounts, including the accounts of beneficiaries’ relatives and off-shore accounts. Within a year we gathered information on the group of persons suspected in theft of funds belonging to individuals, including information on the existence of individual accounts with foreign banks and cash-flow, specifying payment purposes and amounts. The report also included full information on transactions with real estate, as well as research of off-shore companies where the suspects acted under powers of attorney or issued powers of attorney to nominees. Based on our information, our lawyers prepared requests to courts and law enforcement agencies of respective countries. At present, the accounts and real estate of the criminal are seized pending a court order.