Eurojust uncovers a major ML scheme led by a Ukrainian entrepreneur, funneling illicit arms profits through real estate, with €57m frozen in France for return to Ukraine

The suspect is the son of a prominent entrepreneur in Ukraine, who owned a defence company. Following the Russian invasion, profits began to decline, and the owners are suspected of having illegally sold their majority stake to representatives of a foreign state. To hide the illegal profits gained from the sale, the owner’s son bought properties, in several countries including France and Monaco…