Close Menu
WTX News
    Facebook X (Twitter) Instagram
    Trending
    • Italian TV star and model Pamela Genini stabbed to death by ex on balcony
    • Venezuela’s president pleads for peace after Trump sends in CIA
    • Widow who helped husband ‘die with dignity’ won’t face charges
    • Jeremy Allen White explores Bruce Springsteen’s ‘frightening’ depression at heart of new biopic
    • Chelsea boss Maresca handed one-game ban for Liverpool red card
    Facebook X (Twitter) Instagram YouTube
    WTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics
      • COVID-19
      • Business
      • Tech zone
    • World news
      • Middle East News
        • UAE News
        • Palestine News
      • Europe
        • Italian News
        • Spanish News
      • Africa news
      • South America
      • North America
      • Asia
    • News Briefings
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Women’s Football
    • MY World
      • Climate Change
      • In Review
      • Expose
      • Special Reports
        • Conscience Convoy
        • Rohingya Report
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • TV Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking recipes
      • Luxury
      • Money Saving Expert
    • Travel
      • Culture
      • Holidays
    • Sign Up
      • Log In
    WTX News
    • Live News
    • World news
    • News Briefings
    • Sports
    • MY World
    • Entertainment
    • Lifestyle
    • Travel
    • Sign Up
    Home - Europe - Irish crime gangs used Russian networks to launder at least €2m a month
    Europe Updated:December 6, 2024

    Irish crime gangs used Russian networks to launder at least €2m a month

    By David Pike2 Mins Read
    Facebook Twitter LinkedIn Email Telegram WhatsApp
    Irish crime gangs used Russian networks to launder at least €2m a month

    Irish drug gangs were sending at least €2m per month over recent years into Russian money laundering networks targeted in a British-US operation.

    Security estimates suggest that in the region of €50m may have been laundered by Irish organised crime groups, including the Kinahan cartel, through the worldwide networks.

    It is believed that a major Irish drug trafficking outfit, based in north Dublin and Meath, was among the crime groups that used the Russian money laundering service. It is thought that Irish gangs using the networks were also involved in the British drugs trade.

    An Garda Síochána assisted the British National Crime Agency (NCA) in relation to Irish crime groups using the system.

    Russian networks

    The NCA announced on Wednesday that two Russian networks — Smart and TGR — had been “exposed and disrupted” by an operation resulting in 84 arrests and the seizure of £20m (€24m).

    This combined with an announcement by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) that it had sanctioned four leaders of the networks and four businesses linked to TGR.

    The NCA and OFAC said the Russian networks also assisted Russian clients targeted by international sanctions linked to the war in Ukraine and helped fund Russian espionage operations.

    The NCA said Smart and TGR “used their global reach to launder money for transnational crime groups such as the Kinahans”.

    It said: “The notorious family-run crime syndicate, responsible for trafficking drugs and firearms into the UK and around the world, were sanctioned by the US in 2022.”

    Irish link

    The NCA said an “extensive cash courier network” linked to Smart ran operations across UK and Europe, including Ireland. This network was led by Russian boss Semen Kuksov, who co-ordinated with one of the Smart leaders.

    “One courier linked to Kuskov’s network, Igor Logvinov, was arrested by An Garda Síochána in Ireland and sentenced to three years imprisonment,” the NCA statement said.

    Logvinov was spotted by the Garda National Drugs and Organised Crime Bureau at a “cash handover” at a South Dublin petrol station in July 2023. On foot of a court warrant they searched the home where Logvinov was staying and found €56,350 in cash.

    Irish crime gangs used Russian networks to launder at least €2m a month

    News Just in

    Italian TV star and model Pamela Genini stabbed to death by ex on balcony

    Savanah Al Badri

    Cliff Notes – Italian TV star and model Pamela Genini stabbed to death by ex on balcony Pamela Genini, a 29-year-old model and TV star,

    Read More »

    Venezuela’s president pleads for peace after Trump sends in CIA

    WTX News Editor

    Cliff Notes President Maduro of Venezuela accuses the US of attempting a coup following Donald Trump‘s approval of CIA operations to combat alleged drug trafficking

    Read More »

    Dublin NI featured Russian money laundering UK featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp
    Previous ArticleEU’s von der Leyen to await Notre Dame re-opening
    Next Article South Korea’s ruling party chief backs suspension of presidential powers of Yoon
    David Pike

    David Pike is an experienced news journalist with over 20 years experience as a UK News editor for WTX News and other news publications.

    Related Posts

    Venezuela’s president pleads for peace after Trump sends in CIA
    UK News

    Venezuela’s president pleads for peace after Trump sends in CIA

    Widow who helped husband ‘die with dignity’ won’t face charges
    UK News

    Widow who helped husband ‘die with dignity’ won’t face charges

    Scale of Chinese espionage in UK revealed as evidence in collapsed spy trial is published
    China

    Scale of Chinese espionage in UK revealed as evidence in collapsed spy trial is published

    Could Tomahawk missiles be a game-changer for Ukraine and could they strike Moscow?
    Politics

    Could Tomahawk missiles be a game-changer for Ukraine and could they strike Moscow?

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Advertisment
    News Headlines
    Venezuela’s president pleads for peace after Trump sends in CIA

    Venezuela’s president pleads for peace after Trump sends in CIA

    Widow who helped husband ‘die with dignity’ won’t face charges

    Widow who helped husband ‘die with dignity’ won’t face charges

    Save 70% on VIP subscription
    News Briefings - the way to a better life
    News Briefings - the way to a better life
    Advert by Sponsors
    More from WTX News
    The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
    The latest gaming news
    Hot off the press!
    • Italian TV star and model Pamela Genini stabbed to death by ex on balcony October 16, 2025
    • Venezuela’s president pleads for peace after Trump sends in CIA October 16, 2025
    • Widow who helped husband ‘die with dignity’ won’t face charges October 16, 2025
    • Jeremy Allen White explores Bruce Springsteen’s ‘frightening’ depression at heart of new biopic October 16, 2025
    • Chelsea boss Maresca handed one-game ban for Liverpool red card October 16, 2025
    WTX News latest breaking news sports and travel
    Latest News and analysis - Deciphering through the BS with exclusive News Briefings
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    News delivered to your inbox

    Copyright WTX News 2025

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.