According to TASS, the Russian news agency, the number of detected crimes in Russia relating to legalizing criminal earnings more than quadr...

According to TASS, the Russian news agency, the number of detected crimes in Russia relating to legalizing criminal earnings more than quadrupled this year. In 2004 the Ministry of Internal Affairs detected 1,977 such crimes, but in the first nine months of this year, their number is already 6,820 official sources stated. The increase in the detection rate is down to increased cooperation between government agencies, according to the sources. Russia’s Financial Monitoring Service, one of the organisations involved in anti-money laundering activities, has alone carried out 3,803 financial investigations with 2,026 cases having been sent to law enforcement agencies. “We are currently carrying out several large financial investigations, which, I am convinced, will turn into criminal and court cases," said a senior official of the Financial Monitoring Service.