Bankers May Have Moved $13 Billion Through Baltic Laundromat
- Estonian police estimate is much higher than first thought
- Danske is among banks tainted by money laundering scandal
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Banks operating in the Baltic nation of Estonia may have laundered considerably larger sums than first thought.
Estonian police now estimate that bankers in their country were involved in suspicious transfers of money and securities, mainly from Russia, totaling more than $13 billion from 2011 to 2016.