Russian Bank Scandal

On October 6, 1999, Jim Lehrer 's news time aired the topic' Follow Money '. Discussion on this focus included Russian bank scandal. This scandal included about 7 billion dollars remittance from a bank in New York to a company with a Russian association. Robert Ohallo, a banking expert at the Washington Post, believes that the scandal will be a serious policy problem. Based on his conclusion on this, it will be a serious problem, and people may find problems with the American banking industry structure.

Dirty money flowing from Russia to Russia is one of the biggest financial scandals ever. Vice President Lucy Edwards and her husband Peter Berlin, New York Bank, was a naturalized American citizen born in Russia and has washed about $ 7 billion to $ 10 billion for Russian immigrants and tax evaders. Several companies have been established in Berlin, including Benex, Becs, Low-land and other companies, each with an account at the New York Bank. When traveling from Moscow to these accounts, Berlin used the Queens apartment computer to direct money to other accounts around the world.

On October 6, 1999, Jim Lehrer 's news time aired the topic' Follow Money '. Discussion on this focus included Russian bank scandal. This scandal included about 7 billion dollars remittance from a bank in New York to a company with a Russian association. Robert Ohallo, a banking expert at the Washington Post, believes that the scandal will be a serious policy problem. Based on his conclusion on this, it will be a serious problem, and people may find problems with the American banking industry structure. In fact, there is a 7 billion dollar heterogeneous soil change, and problems will arise if no red flag is set. We can conclude that this scandal further includes bank structure. The question to be asked is "Where does this money come from?" That money may be funded provided by the International Monetary Fund to help rebuild Russia's depression.