Italian “Camorra” and Russia’s nineties

An excerpt from “Transnational Criminal Organizations, Cybercrime, and Money Laundering: A Handbook for Law Enforcement Officers, Auditors, and Financial Investigators by James R. Richards”

Russian and Italian mafia have close ties and over the years they have been collaborating “successfully”.

In the 1990s, Russian and Italian mafia participated in a literal money-laundering scheme. They were washing and bleaching the ink out of $1 USD bills and were reprinting them as $100s. The banknotes were used in the post-Soviet bloc countries, where the bills might avoid detection, since the Soviet people had not seen dollar bills before.

By the way, there is an excellent TV series about this Italian mafia called “Camorra”, which participated in the scheme. The TV series is based on a novel whose author, Roberto Saviano was threatened to kill by the mafia.

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