Chernoy transfers: Trans World Metals SA

Chernoy-transfers-from-Roth

In November, 1995, Swiss Company, Trans World Metals SA, represented by Monégasque company, Landal S.A.M., received $3.6 million from “Min Fin Ministry of Finances” into an account at Hamburischer Landesbank’s London branch and transferred it further on, sub-divided into smaller amounts.

Trans World Metals SA was affiliated with the Chernoy brothers, the Izmaylovo gang. The gang was suspected of credit letters fraud — a scheme, well-known in the 1990s, for stealing money from the Central Bank of Russia.

Source: Jürgen Roth’s archive.