Tag Archives: organized crime

Crime, Offshore and Taxes in Putin’s Russia

Great story by Barron’s on Russian tax officials and cops involved in a 230 million USD scam. An intricate web of offshore companies is involved and several people died in “Russian” circumstances. The whistle blower who brought light in the case, Sergei Magnitsky, died in jail where he was interrogated by the same people he was accusing.¬† Interestingly enough the same group of offshore company formation agents, GT Group, that the Organized Crime and Corruption Reporting Project reported on are involved in the case. Latvian banks have again been used as in many other instances where major¬† fraud and money laundering schemes have been pulled off.

Organized Crime Muscling In on the Media

A new report by Reporters without Borders (RSF) says that organized crime poses the biggest threat to media freedom worldwide: a total of 141 journalists and media workers were killed during the decade of the 2000s in attacks and reprisals blamed on criminal groups.

Indeed, organized crime is busy buying media and silencing journalists all over the world. An interesting trend occurred in Eastern Europe where media outlets were bought in bulk by people indicted for organized crime activities. This led to a low quality journalism and to the public turning away from mainstream media.In fact, these media outlets became mere additions to commercial structures owned by controversial businessmen or politicians. They didn’t care about media as a business or as a public service and just used it for their own interests.

Back to the RSF report, Benoit Hervieu, the author, takes us all over the world in a listing of events when organized crime threatened and killed journalists. The RSF report lists one of the Organized Crime and Corruption latest series of reports as a reference.

Disclaimer: The Investigative Dashboard is a project of the Organized Crime and Corruption Reporting Project

Offshore Secrets, Broken

The Organized Crime and Corruption Reporting Project (www.reportingproject.net) just published, in Romania, an investigation uncovering the ultimate beneficiaries¬† of a number of offshore based companies. These ultimate owners are controversial politicians and businessmen. Some of them are indicted for organized crime activities or financial fraud. It’s the first time in Eastern Europe that ownership of offshore entities is revealed through documents and a lot of digging. Mihai Munteanu of OCCRP extensively used resources attached to the Investigative Dashboard and combed through thousands of documents in order to put the pieces of the puzzle together. The investigation was published by www.hotnews.ro and, in the first few hours, attracted more than 10,000 readers. An English version to follow on www.reportingproject.net

Disclaimer: The Investigative Dashboard is a project of the Organized Crime and Corruption Reporting Project and this story is a follow up to an OCCRP series which can be viewed here.