Moldovan oligarch arrested for money laundering in London

Veaceslav Platon, a former Moldovan MP, was arrested in London on March 13 for his alleged role in a massive money laundering scheme known as the 'Laundromat.' This operation reportedly funneled billions of Russian money into Europe and the USA. Platon's arrest follows years of investigation into the scheme, which involved corrupt judges and 'ghost' companies. The operation allowed criminals to move money through various banks, ultimately reaching the UK property market and luxury goods. Platon, previously jailed in Moldova for fraud, had his conviction overturned in 2021. He is also wanted in Russia for illegally withdrawing large sums of money. He will appear in court again on March 21.