Bulgarian man charged in pittsburgh in international money laundering scheme _ triblive

A federal grand jury in Pittsburgh has accused a Bulgarian man of trying to bilk U.S.-based businesses out of hundreds of thousands of dollars as part of a sophisticated global money-laundering scheme, an indictment unsealed Monday shows.

Krasimir Nikolov, 44, was extradited from his home in Vama, Bulgaria to the United States and appeared in federal court in Pittsburgh around 3:30 p.m. Money laundering regulations when buying a house Monday, officials with the U.S. India money laundering Attorney’s Western District of Pennsylvania said. Meaning of money laundering He is charged with criminal conspiracy, unauthorized access of a computer to obtain financial information and bank fraud.

Using the malware package known as GozNym, Nikolov allegedly stole banking account information from unsuspecting victims who opened a link or an attachment in an email purported to be a business invoice, Acting U.S. Money laundering business Attorney Soo C. Money laundering articles Song said in a statement. Money laundering florida The stolen information allegedly was then used to initiate unauthorized online wire transfers.

Among those targeted locally: Nord-Lock Inc., a bolt-manufacturing company based in Carnegie that was the victim of an attempted wire transfer of $387,500 from PNC Bank to an account in Sofia, Bulgaria; and Protech Asphalt Maintenance Inc., an asphalt and paving business in New Castle that was the victim of several attempted online wire transfers totaling more than $243,000 from its account at First National Bank.

Song had joined other Justice Department officials last week in announcing a multi-national investigation aimed at bringing down Avalanche, a criminal network that “hosted more than two dozen of the world’s most pernicious types of malware, to include GozNym, and several money-laundering campaigns.”

We moderate comments. Anti money laundering process Our goal is to provide substantive commentary for a general readership. International money laundering cases By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.


While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. Money laundering regulations 2014 We will make them as carefully and consistently as we can. Money laundering act pdf Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. Money laundering test We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. Money laundering in banking A few things we won’t tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Money laundering news today Don’t include URLs to Web sites.

We do not edit comments. Eu money laundering They are either approved or deleted. Anti money laundering regulations We reserve the right to edit a comment that is quoted or excerpted in an article. Fatf definition of money laundering In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don’t want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. Anti money laundering manual pdf But these suggestions should be sent

via e-mail. Failure to report money laundering To avoid distracting other readers, we won’t publish comments that suggest a correction. Money laundering simple meaning Instead, corrections will be made in a blog post or in an article.