October 22 2017
In Russia, the number of sentences in criminal cases related to money laundering has increased. Over the past five years, the number of convictions has increased several times. Data on this is published by the Judicial Department under the Supreme Court, Tass reports. So, in the first half of 2017 according to articles 174 and 174.1 of the Criminal Code of the Russian Federation, the courts passed 201 verdicts. In 2016, 417 people were convicted of money laundering, in 2015 – 311, in 2012 – only 123 people.
Since 2013, according to amendments to the Criminal Code, laundered funds are being legalized in favor of the state. In 2012, for money laundering, the defendants of criminal cases paid 23 million rubles. In 2016, the amount of legalized funds rose to 825 million, in the first half, 1.36 billion rubles were drawn to the state’s income.
