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Monday, May 10, 2021

'Straight out of Hollywood fiction': Feds announce international bank heist bust

'Straight out of Hollywood fiction': Feds announce international bank heist bust

In a plot that federal prosecutors say reads like a Hollywood heist screenplay, three Brooklyn residents have been indicted in an alleged scheme to steal more than $30 million from overseas banks and launder the money in the U.S.
The Department of Justice announced Tuesday that Val Cooper, 56, Alex Levin, 52, and Garri Smith, 49, were charged with money laundering conspiracy and conspiracy to violate the Travel Act. The men allegedly stole the millions from safe deposit boxes at mostly Eastern European banks that did not have high levels of security.

“The crimes we allege in this indictment read like something straight out of Hollywood fiction,” FBI Assistant Director-in-Charge William F. Sweeney said in a statement. “The thieves used sophisticated tools to thwart security systems at foreign banks and tried to cover their tracks by laundering money through U.S. banks.”

Prosecutors allege that the men chose banks in multiple foreign countries, including Ukraine, Russia, North Macedonia, Moldova, Latvia, Uzbekistan and Azerbaijan, that lacked security features such as video surveillance cameras in some areas. They allegedly bought their own safe deposit boxes, posing as customers.

Quote of the Day

“If no one had an army, armies would not be needed. But the same can be said of most lobbyists, PR specialists, telemarketers, and corporate lawyers. Also, like literal goons, they have a largely negative impact on society. I think almost anyone would concur that, were all telemarketers to disappear, the world would be a better place.”
― David Graeber, Bullshit Jobs: A Theory

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