Jersey Investigation Uncovers Multi-Billion Pound Russian Money Laundering Network
An extensive investigation into money laundering activities in Jersey has dismantled a major Russian-linked criminal network, Jersey police announced. The operation, conducted in partnership with the UK’s National Crime Agency (NCA), led to the arrests of 84 individuals in October 2021.
Among those apprehended were Muhiddin Umurzokov, Anvarjon Eshonkulov, and Batsukh Bataa, who attempted to launder £60,000 in used Jersey banknotes. The trio pleaded guilty to 22 charges of money laundering and admitted to working for a UK-based organized crime group. In 2022, the Royal Court of Jersey sentenced them to a combined 10 years in prison.
Evidence seized during the operation revealed further links to illicit activities, including cash payments for sub-letting UK properties, human and drug trafficking, and prostitution. One bank account alone processed £4.31 million in suspicious transactions during 2021 and 2022.
Chief Officer Robin Smith praised the collaboration between Jersey’s States of Jersey Police (SOJP) and the NCA, calling it a powerful deterrent. “The number of charges and sentences should discourage criminal networks from targeting Jersey. It underscores the professionalism of our partnership with the NCA,” he said.
Faith Shalamon, the investigating officer, highlighted the crucial role of local businesses and the community in exposing the network. “Their vigilance and cooperation were instrumental in achieving this outcome. Jersey takes a strong stance against money laundering,” she said.
The NCA described the operation as one of its most significant breakthroughs against organized crime, demonstrating the global reach and effectiveness of joint investigative efforts.