-Caveat Lector- N.Y. Bank Said in Laundering Scheme NEW YORK (AP) - As much as $10 billion may have been laundered through the Bank of New York in the past year in what investigators say is an operation run by Russian organized crime, The New York Times reported Thursday. Some $4.2 billion passed through a single account between October and March, the newspaper reported, citing unidentified investigators. The bank has suspended two senior officers in its Eastern European division - Natasha Gurfinkel Kagalovsky of New York and Lucy Edwards of London - pending the outcome of the investigation. Ms. Kagalovsky declined comment. An aide to Ms. Edwards said she was traveling. Investigators here and abroad have examined whether front companies are raising money in North America for organized crime activities in Russia. The accounts under scrutiny at the Bank of New York have been linked to Semyon Yukovich Mogilevich, who is believed to be a major figure in Russian organized crime, the Times said. In a statement, the bank said it was cooperating with investigators and said no customer or bank funds had been lost. ``There are no allegations of wrongdoing by the bank,'' the statement said. The Bank of New York, with assets of $67 billion, is the nation's 17th largest. DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html http:[EMAIL PROTECTED]/ ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
