Two executives of Ibox Bank, suspected of laundering 5 billion hryvnia for the casino, were taken into custody.
During the investigation, it was established that the suspects, together with the bank’s shareholders, organized a scheme to launder funds using “miscoding”. To implement it, more than 20 controlled companies were created and opened accounts with this bank.
This was reported by the BEB press service.
Subsequently, players of illegal online casinos transferred money to the details of the mentioned companies to replenish their gaming accounts. At the same time, in the purpose of payment they indicated payment for non-existent goods and services.
Based on the collected evidence, BEB detectives reported suspicion to bank officials, including its co-owner:
- Part 2 Art. 203-2 (illegal activities of organizing or conducting gambling, lotteries)
- Part 3 Art. 209 (legalization (laundering) of proceeds from crime) of the Criminal Code of Ukraine.
Now three suspects have been put on the wanted list, and measures are being taken to extradite the defendants to Ukraine to face criminal charges.
The pre-trial investigation continues.
What came before?
The State Tax Service received 550 million hryvnia to implement the decision of the Deposit Guarantee Fund to satisfy the claims of the eighth stage of creditors of Ibox Bank JSC.
On Wednesday, March 8, the Security Service of Ukraine and the Bureau of Economic Security conducted searches in the offices and branches of Ibox Bank; the day before, the NBU revoked its license.
The Bureau of Economic Security suspects bank officials of assisting in tax evasion of the gaming business in the amount of 400 million hryvnia.
The National Bank decided to revoke the banking license and liquidate IBOX BANK JSC due to systematic violation of the requirements of the law on financial monitoring.
