Against opposition from the Russian government, a Manhattan federal judge has admitted evidence that may boost efforts by U.S. prosecutors to seize property related to an alleged money laundering scheme.
According to court papers, a Russian criminal syndicate defrauded $230 million from the Russian Treasury in 2007. About $1.9 million was transferred through shell companies to real estate firm Prevezon Holdings and later invested into Manhattan real estate, prosecutors allege.
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