Russian-Israeli citizen extradited in money laundering plot
Stanislav Nazarov accused by US of participating in scheme to defraud Indian insurance company in cyber-phishing scam
Financial fraud (Illustrative: iStock)
WASHINGTON — A dual citizen of Israel and Russia has been extradited to the United States to face charges in a money laundering case.
Stanislav Nazarov is accused in a scheme to defraud a large reinsurance company in India.
Prosecutors say the director of that company was duped through a cyber-phishing scheme into wiring $1.4 million to a bank account in the US.
Nazarov then allegedly had a portion of that money transferred to him in Israel.
He was among a group of 19 people indicted earlier this year in federal court in Washington. His extradition was announced on Friday.
Online court records don’t list a defense attorney. The FBI’s Washington field office is among the law enforcement agencies that investigated the case.
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