Azerbaijani laundromat
Money laundering scheme / From Wikipedia, the free encyclopedia
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The Azerbaijani laundromat is a complex money-laundering scheme organized by Azerbaijan that was revealed by the Organized Crime and Corruption Reporting Project (OCCRP) in September 2017.[1][2] The investigations exposed that during two years between 2012 and 2014 about USD $2.9 billion was siphoned through European companies and banks.[3][4] The money was used to pay off western politicians in an attempt to whitewash Azerbaijan's reputation abroad.[5][6][7][8]