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To move tons and tons and tons of illegal russian money out of russia and into the west. and i mean tons of money. this was multiple billions of dollars, more than 6,000 trades using multiple deutsche bank offices over a period of years. and part of the reason they got away with it for so long and to such a huge extent is because this big legit seeming bank was involved. they couldn t have done it without deutsche bank fa significasill tating these trades. and deutsche bank couldn t do it without connections in russia. because nobody gets hundred of millions, let alone multiple billions of dollars shuffled out of russia without the russian government being in on it and saying okay. in the new book collusion it reports out some of the apparent russian government involvement in this scheme. you know how they say in american personnel is policy? in russian politics, personnel ....
But because it went through a big legit european bank, this scheme they were running was super effective at moving money not just once but lots and lots of times, tons and tochbs monies out of russia and into the west and they were able to keep the scheme going for years before people finally started to realize that even though this was a legit looking european bank there are was a huge fairly simple criminal operation that they were running with russian illegal money. and it, again, it was pretty simple. i mean, usually money laundering is designed to be purposely complicated so you can t follow the money. this was a simple scheme. you can t just ship your money from russia like wire it to the cayman islands or cypress or new york or london and deposit it. you ll get caught doing it that way if you re a russian crook. so instead what you do is you say i don t want just to send my money abroad to park it somewhere, i don t want to just open an account in a foreign country and move it t ....
Instead, i want to buy something. so you need to have something that you re going buy for a lot of money. so you have somebody abroad go to deutsche bank and they tell deutsche bank abroad hey, i have something to sell. i have like this highlighter, and i want to sell this highlighter and the price of this highlighter i want to sell is $10 million. miraculously at that same moment, you pop up in moscow with your $10 million in i will gotten rubles and you say hello deutsche bank moscow office, do you know anybody who s selling something i might be able to buy for $10 million. i was thinking of investing in a high lighter do you know anybody that s selling one for $10 million? and deutsche bank says you know, we can help you out with that were we can do that transaction four and help you aught with that. think about how the money moves. i m the dude in russia, i hand $10 million in dirty rubles over ....
Prosecute me or persecute me for the way that i illegally got this money, they won t be able to find it and reclaim it. trace it back to me. so let s say just for the sake of argument the amount of money that i, crook, want to get out of russia is like $10 million. if i want to get $10 million out of russia, i ideally want to convert it from rubles into some other currency, preferably dollars. in order for me to get that money out of russia without anybody noticing, it has to look like that money is leaving the country as some part of legitimate transaction, and, on the down low, slightly i probably also immediate it to be okay with putin that i m taking that money out because he tends to know these things. that s where deutsche bank comes in. there s a lot of ditch ways to launder money, but from about 2011 to 2015, deutsche bank ran this scheme that was not very complicated at all when it comes to money laundering schemes. ....
To the deutsche moscow option. they say thank you much you just now purchased a highlighter. then in their other office abroad, in london or whatever, that deutsche bank s office, they pair their client $10 million in euros or dollars or whatever, and they, you know, collect the highlighter that s just been sold. and that s it, that s how the money mufss. $10 million goes in in moscow, $10 million pops out in london. and thanks to the fake jerry rigged sale price of that item they ll were supposeedly buying and selling there, that $10 million highlighter, you just moved $10 million from moscow to london using the offices of deutsche bank do it. and your ill gotten $10 million that you stole from little old ladies in moscow somewhere is no longer on the books as money that you stole from those little old ladies, it s now money that you can access in the west because it s the proceeds of a lawfully transaction conducted by a big legit european bank. that s how it works. ....