Russian Citizen Pleads Guilty to Money Laundering

The individual participated in an illicit international network.

The U.S. Department of Justice announced the guilty plea submitted by Russian citizen Maxim Marchenko on the charges of money laundering and smuggling from the U.S. The defendant operated shell companies as a resident of Hong Kong, along with two other Russian nationals, to create an illicit international procurement network that dealt in the transport of U.S. military-grade microelectronic technology. The FBI and the Department of Commerce’s Bureau of Industry and Security collaborated with the Justice Department on the investigation.

“The Russian military relies on illicit procurement networks, including the one Marchenko operated here, to perpetrate their brutal war against the Ukrainian people,” said Matthew Axelrod, Assistant Secretary of Commerce for Export Enforcement. “We will continue to leverage all of our authorities to combat the transshipment of U.S. parts through third countries, like the People’s Republic of China, to the Russian military.”

As the Lord Leads, Pray with Us…

  • For the attorney general and Justice Department officials as they prosecute foreign individuals for theft and smuggling of U.S. military technology.
  • For FBI agents and Commerce Department personnel as they assist the DOJ in investigations.

Sources: Department of Justice


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