15 April 2026Policy & Regulation
Russia shuts down $13bn tax fraud scheme
Russian investigators just uncovered a $13bn tax fraud scheme, one of the largest financial crimes in the country's modern history. The timing isn't coincidental — Putin is cracking down on oligarch money flows as war spending drains the budget. When Russia starts prosecuting billion-dollar tax avoidance seriously, it means the Kremlin needs every rouble it can find.
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