Helping The Russian Mafia Help Itself

Tax exemptions have become a gold mine--for gangsters

Valery A. Korablinov's green Jeep Cherokee had just pulled away from his country house near Moscow on Nov. 1 when two men jumped from behind a fence and opened fire, killing him and critically wounding his driver. Another contract hit on a Russian businessman? Yes, with one difference. Korablinov, 57, was president of the All-Russian Society of the Deaf. In the past two years, four people associated with his group have been gunned down in what police say is a mafia battle to control its finances.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.