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Rosfinmonitoring carries out checks in connection with revealed “restaurant scheme” to withdraw money KXan 36 Daily News

Date: June 20, 2024 Time: 11:31:13

“Rosfinmonitoring is currently carrying out verification activities in accordance with the competence granted in relation to the identified scheme,” Rosfinmonitoring noted.

At the same time, the department considers it premature to comment on information about specific plan participants and organizers because verification is ongoing.

The “restaurant scheme” for withdrawing money, which became known last fall, worked on the principle of “acquiring rest”, writes RBC with reference to the materials of the interdepartmental audit.

The disclosed mechanism gave restaurants the opportunity to inform the buyer in the usual way, but in reality the money was withdrawn from oversight through a structure previously associated with online casinos.

The key link in the “restaurant scheme” was the liquidation of the non-bank credit organization “Russian Investment Bank” (RNKO “RIB”), on the basis of which “expensive infrastructure was created: its own processing, data processing centers, loyal banks, an extensive network of terminals for receiving cash payments were found,” the audit documents say.

The main idea of ​​the “purchasing pause” is that a card transaction in a restaurant is not related to a real payment in favor of the establishment, even if it seems like a normal payment to the customer. A restaurant customer may receive a regular check, a cash refund at their bank, and a payment statement with a “restaurant” code MCC (merchant category code). But the actual payment will not reach the restaurant’s checking account.

The network included more than 5,000 terminals to accept cash payments. Three acquiring banks, several intermediary banks and three settlement banks were involved in the scheme. This scheme operated from 2018 to 2022. At the same time, at the peak, in 2021, inspectors estimated the annual turnover of the scheme at 100 billion rubles, and the amount of probable criminal income at 8-10% of this amount.

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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