(JTA) — Ukrainian police investigators accused representatives of a bank owned by an Austrian Jew of defrauding Ukraine out of more than $750 million and laundering that money for further use.
The alleged fraud took place between 2011 and 2015 with help from “a criminal group of unidentified persons who represented Meinl Bank together with beneficiary owners of a number of Ukrainian banks,” according to a statement made by the Ukrainian police’s fraud squad to a Kiev district court last month. The news site Glavcom published an expose on the probe last week.
Meinl Bank is run by Julius Meinl, 56, who …read more
Source: JTA
