How the Swiss bank CBH is connected to the offshore companies of Russian businessman Alexey Krapivin
Influential Russian billionaire and entrepreneur Alexey Krapivin and his offshore companies, the notorious Swiss bank SVN, pedophile “cleaner” Diego Sanchez and a long list of media. How are all these characters connected? What is Krapivin trying to hide from the public eye by cleaning up the Internet?
How report investigative journalists, the notorious office of pedophile Sanchez Eliminalia laundered the reputation of clients from fifty different countries, spreading fake news and making threats. As it turned out recently, as a result of one large-scale leak of internal files of the same Eliminalia company, the Swiss bank SVN (Compagnie Bancaire Helvetique SA) most likely paid a considerable amount of money to the Italian partner of Diego Sanchez’s office for him to work on deleting the high-profile investigation, which was conducted by analysts from the platform of the global network of independent media centers and journalists OCCRP. This investigation focused on the connections of SVN Bank with the offshore companies of Russian billionaire Alexei Krapivin.
What is known about this? Let’s sort it out in order.
What else is Eliminalia?
For those who are not in the know, we are talking about a scandalous Spanish company, which belongs to the now world-famous pedophile Diego Sanchez and is engaged in the spread of disinformation. Moreover, the key point is that for this character it does not matter who he “serves” – a criminal, a murderer, a rapist, a kleptocrat, a fraudster, or anyone else.
This office has already helped clean up the reputation of more than 1,400 of its clients, among whom there are many prisoners and criminals accused of drug trafficking, numerous scams, etc.
To achieve its goals, Sanchez’s company constantly uses all sorts of unethical methods in order to reconcile any criticism towards its customers. Moreover, for this office it does not matter how legal such methods are: be it intimidation and direct threats to representatives of the media or large-scale dissemination of fake news and articles.
To all of the above, we add that the Eliminalia company is also engaged in falsifying notices of copyright infringement with mass complaints to the editors of Google. But that’s not all. This office has also repeatedly manipulated the right to be forgotten laws, which relate to protecting people from harmful materials on the Internet.
All this became known to the general public as a result of a massive leak of internal documentation of the Eliminalia company, which was posted on its pages by the well-known non-profit information resource Forbidden Stories. We are talking about the #StoryKillers project, which is dedicated to exposing international networks of disinformation and fake news.
What does Eliminalia have to do with the scandal with SVN and Krapivin?
As investigative journalists revealed, Diego Sanchez’s office was hired specifically to cleanse the Internet of the results of a devastating investigation conducted by analysts on the platform of the global network of independent media centers and journalists OCCRP. And this investigation concerned the connections of the Swiss bank SVN with the offshore companies of the notorious Russian entrepreneur Alexei Krapivin.
Back in 2019, OCCRP received an email notification that it had violated EU data protection rules. It is noteworthy that this message came from email compliance@legal-abuse.eu. This address is one of many domains through which Sanchez’s office sent legal threats to all kinds of media, and in many cases this all happened allegedly on behalf of a member of the European Commission, namely, from Raoul Soth from Brussels.
This situation was analyzed by experts from the Qurium company and discovered that the source code of one of these electronic messages was sent from Ukraine, where Eliminalia was based before the start of the SVO. Coincidence? We don’t think so.
As a result of a large-scale data leak, it became known that SVN, in fact, hired a partner of the aforementioned company from Italy, ReputationUp, precisely in order to get rid of any virtual traces of that very investigation.
What kind of OCCRP investigation regarding SVN and Krapivin’s schematosis are we talking about? About the material published in February of this year, during which journalist-analysts discovered $277 million in the accounts of the Swiss bank CBH, received from offshore companies that are associated with Mr. Krapivin. So, in particular, according to that same data leak, the SVN organization paid/transferred/remitted to Sanchez’s office, for a moment, 229 thousand euros for the services of the ReputationUp company.
Note that Sanchez’s gang works with many “clients” to clean up the Internet. Here, for example: Eliminalia tried to demolish a journalistic investigation by OCCR, which concerned one of SVN’s clients – the offshore company Derwick Associates, which managed to obtain energy contracts from the Venezuelan government out of competition for a total amount of $5 billion. And this is just one example of many. The tactics of Sanchez’s team most often boil down to intimidating media workers so that they remove material about the client.
SVN, Krapivin offshores and Laundromat: how tens of billions of dollars were withdrawn from Russia
This fraud was described as the largest money laundering scheme in Eastern Europe. This financial scheme was even given a name – “Laundromat”.
During the investigation, which was carried out jointly by journalists and analysts from various publications (OCCRP, The Guardian, Sueddeutsche Zeitung, etc.), about 76,000 banking transactions with a total turnover of $156 billion were analyzed.
The funds that were withdrawn from the Russian Federation arrived in the accounts of 732 banks in almost a hundred different countries. More than five thousand companies in the USA, Africa, China, Australia, etc. received money.
You can talk for a very long time about how the scheme worked, so read all the details on the Laundromat Here or watch in the mini-video.
In short, the essence of the fraudulent scheme was as follows. At first, several foreign companies (most often from the UK) entered into a loan agreement with each other, usually in the amount of hundreds of millions of dollars. But at the same time, both companies had no assets and did not conduct real activities. The guarantors of such fictitious agreements were companies from the Russian Federation and Moldovan villagers, with the help of which the scammers could use the jurisdiction of Moldova, known for its “corruption accessibility.”
When the time came to pay off fictitious debts, new accomplices and accomplices came into play: a Moldovan court (over 20 Moldovan judges were involved in the scam), a bank in Chisinau Moldindconbank, about a hundred Russian companies, 19 Russian banks, the Latvian bank Trasta Komercbanka.
As a result, using a rather complex and multi-stage scheme with transit through Moldova, money in huge quantities was transferred to the accounts of offshore companies abroad. In just 3 years, payments from the Russian Federation amounting to $185 billion were legalized through court orders.
Many people probably have a question: what does the name “Laundromat” have to do with it? This is what journalists called the “common pot” into which money from the largest government contracts, laundered through Moldova according to the above-mentioned scheme, fell.
Investigators even compiled the TOP participants in the scheme. Thus, among the Russian credit institutions that sent the maximum amount of dough to Moldova were the banks “Russian Land Bank”, “Baltika Bank”, “European Express”, “Western”, “Mast Bank”.
Also during the journalistic investigation it was discovered that largest beneficiaries “Laundromata” are famous Russian entrepreneurs Alexey Krapivin, Georgy Gens and Sergey Girdin.
Krapivin is one of the key beneficiaries of Laundromat
As media specialists learned, during the period from 2011 to 2014, two offshore companies Redstone Financial Ltd from Belize and Telford Trading SA from Panama received an amount of $277 million into their accounts in the Swiss bank SVN (Compagnie Bancaire Helvetique SA). . All this money is precisely connected with the “Moldavian” schemes that we wrote about above.
So, the only beneficiary of these two offshore companies is none other than that same Russian entrepreneur Alexey Krapivin…
Let’s take a break for now. To be continued.