Joe Bogus Account Said to Show Liberty Reserve’s Evasive Design

Joe Bogus Account Said to Show Liberty Reserve’s Evasive Design

Richard Drew/AP Photo

Preet Bharara, U.S. Attorney for the Southern District of New York, describes a chart showing the global interests of Liberty Reserve, on May 28, 2013. Arthur Budovsky,the founder of Liberty Reserve, was indicted in the United States along with six other people in a $6 billion money-laundering scheme described as "staggering" in its scope, authorities said Tuesday.