Kremlin-backed forgery scheme moved $6.9bn through global banks

A Financial Times investigation reveals a Russian network used forged documents to route billions through major lenders including Standard Chartered and Citigroup.

4 publishers · 8 articles · first seen 21 Sept 2026 · updated 42d ago

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The story so far

4 publishers have covered this in 8 articles since 21 Sept 2026. News Feed published first, on 21 September at 20:00 UTC; businessinsider.com followed 15h 14m later. The most recent article, from Mother Jones, appeared on 24 September at 17:03 UTC.

Outlets reporting it: News Feed (major outlet), Bloomberg Markets (major outlet), businessinsider.com, Mother Jones.

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How it unfolded

Every source in the order it published.

21 Sept, 20:00News Feed Kremlin-backed forgery scheme moved $6.9bn through global banks
21 Sept, 21:34News Feed FirstFT: Kremlin-backed forgery operation moved $6.9bn through global banks
22 Sept, 04:00News Feed How a Russian forgery scheme evaded sanctions
22 Sept, 04:00News Feed Transcript: How a Russian forgery scheme evaded sanctions
22 Sept, 11:13businessinsider.com How a Russian-backed network linked to 2 African countries moved $6.9 billion through banks using forged documents
22 Sept, 16:00Bloomberg Markets StanChart CEO Says Bank Shut Down Accounts of Russian ‘Bad Guys’
23 Sept, 20:00News Feed Rosneft billions fed Kremlin-backed money laundering network
24 Sept, 17:03Mother Jones How a Russian Attack on the Midterms Deepfaked Mother Jones

Sources

Every article we clustered into this story. Headlines link to the publisher.

In this story

Rosneft
Standard Chartered
Citigroup
A7
Nigeria
Zimbabwe

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