Morning Scan: Ukraine's Rebel Financing; Santander Shakeup

06/11/15

New York Times

Why is this not deemed to be money laundering? Pro-Russia rebel groups in eastern Ukraine have raised money through crowdfunding sites to fund their military campaigns. Much of their funding comes via Russian state-owned banks, including Sberbank, and through a private system of payment terminals owned by the company QIWI, which is affiliated with Visa. The rebel groups have also solicited funds from outside Russia using U.S. and European banks and through PayPal...

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