Russian State-Backed Foundation Paid Allies in the EU Despite Sanctions
ID: 8dd24eaf-74f8-5d6d-9ec7-735d3d8a1cf9
STIX ID: report--8dd24eaf-74f8-5d6d-9ec7-735d3d8a1cf9
The report details how the sanctioned Russian foundation Pravfond allegedly routed funds into the EU despite restrictions, using middlemen, foreign bank accounts, and proposed alternatives like cryptocurrency and embassy-facilitated transfers to pay legal fees and support pro-Russian activities. Examples include payments connected to Oleg Basov, arrested during the Ragnar Locker ransomware takedown, and a 2024 grant to Dmitry Erokhin routed via a Russian bank, with emails showing efforts to avoid insecure communications and obscure the money trail.
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