All news on the topic: Magnitsky Act

Shortly after the Swiss Supreme Court ordered the confiscation of funds tied to the notorious Magnitsky tax fraud, the money quietly vanished.

Businessman Dmitry Klyuev is being tried in absentia for allegedly laundering stolen Russian treasury funds from the so-called Magnitsky Affair through high-end Parisian boutiques and exclusive Alpine ski resorts.

A company owned by the alleged mastermind behind a significant tax fraud in Russia invested millions in two luxury hotel resorts in Dubai, while the whistleblower who revealed the tax scam died in a Moscow prison following his arrest and detention.