The Rolling Stone story makes an important point: Citigroup is being investigated by the Justice Department, the FBI, and the IRS for its handling of Kerimov's assets, which were held in an entity called Heritage Trust.
"The Treasury Department blocked Kerimov from accessing assets worth $1 billion from the Delaware-based Heritage Trust in June 2022, citing an investigation into Kerimov’s “use of a network of relatives, advisors” and other entities to invest in U.S. companies.
"
"The three agencies will also investigate Citigroup’s financial compliance framework, including how the bank prevents money laundering and other processes intended to prevent other financial crimes, according to Barron’s, citing a person with knowledge of the situation."
Anyone wanna take bets on how soon this DOJ drops this investigation?
https://www.bloomberg.com/news/articles/2024-11-14/citigroup-probed-by-us-over-ties-to-sanctioned-russian-kerimov?embedded-checkout=true
BrianKrebs /
npub1rf…5t9xk
2025-03-07 20:19:46
in reply to nevent1q…ch74
Author Public Key
npub1rfdvtvmesnz7x7s3hjg5q2dgrup9xfh209gvj36angljrfy5edtq25t9xkPublished at
2025-03-07 20:19:46Event JSON
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"content": "The Rolling Stone story makes an important point: Citigroup is being investigated by the Justice Department, the FBI, and the IRS for its handling of Kerimov's assets, which were held in an entity called Heritage Trust. \n\n\"The Treasury Department blocked Kerimov from accessing assets worth $1 billion from the Delaware-based Heritage Trust in June 2022, citing an investigation into Kerimov’s “use of a network of relatives, advisors” and other entities to invest in U.S. companies.\u2028\"\n\n\"The three agencies will also investigate Citigroup’s financial compliance framework, including how the bank prevents money laundering and other processes intended to prevent other financial crimes, according to Barron’s, citing a person with knowledge of the situation.\"\n\nAnyone wanna take bets on how soon this DOJ drops this investigation?\n\nhttps://www.bloomberg.com/news/articles/2024-11-14/citigroup-probed-by-us-over-ties-to-sanctioned-russian-kerimov?embedded-checkout=true",
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