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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

WATCH: Video of Liberty Reserve founder led away in handcuffs

Artur Budovsky

 

 

May 29th, 2013 (InsideCostaRica.com) A video as emerged of Spanish authorities leading Liberty Reserve founder, Arthur Budovsky and an accomplice away in handcuffs.

U.S. prosecutors have indicted the operators of the Costa Rica – based digital currency exchange Liberty Reserve with helping criminals to launder more than $6 billion in illicit funds linked to everything from child pornography to online pharmacies.

On Friday, Costa Rican authorities working in coordination with Spanish and U.S. authorities arrested five people, including company founder Arthur Budovsky.  Authorities also seized bank accounts and Internet domain names associated with the company.  Criminal charges have been filed against seven individuals in total.

Editor’s Note: We’d like to thank Consulting Services International of Costa Rica for their assistance in obtaining this video.

Related Stories: 

Liberty Reserve founder paid to obtain Costa Rica residency through bogus marriage

 

U.S. accuses Costa Rica – based Liberty Reserve of operating one of largest money laundering operations in history

 

Costa Rica – based digital currency, “Liberty Reserve” shut down by authorities

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