A Russian national living in Buford, Feliks Medvedev, who transferred more than $150 million of foreign currency through U.S. bank accounts in North Georgia, has pleaded guilty to operating an unlicensed money transmitting business, and other Russians nationals have been implicated in the case as well.
According to the Justice Department, Alexey Chubarov, Lev Solyannikov, and KSK Group were indicted February 13 for conspiracy, operating an unlicensed money transmitting business, and 39 counts of money laundering for their alleged respective roles related to Medvedev’s scheme.
These prosecutions, Attorney General Merrick Garland said, are a continuation of the Department of Justice’s prioritization of enforcing the sweeping sanctions, export restrictions, and economic countermeasures that the United States, together with its global partners, imposed against Russia following its invasion of Ukraine.
Medvedev’s sentencing is scheduled for May 7.