The Troika Laundromat

Laundromats are complex systems for moving money that allow corrupt politicians, organized crime figures, and wealthy businessmen to secretly invest their ill-gotten millions, launder money, evade taxes, and fulfill other goals. The main purpose of the system we’ve named the Troika Laundromat was to channel billions of dollars out of Russia. But it was much more than a money laundering system: The Laundromat allowed Russian oligarchs and politicians to secretly acquire shares in state-owned companies, to buy real estate both in Russia and abroad, to purchase luxury yachts, to hire music superstars for private parties, to pay medical bills, and much more.

Source: www.occrp.org