Maxim Marchenko, a Russian individual residing in Hong Kong, pleaded guilty to charges of illegally exporting electronics to Russia for potential military utilization, in defiance of sanctions imposed following Russia's invasion of Ukraine, as reported by the US Department of Justice.
Operating alongside two unidentified Russian associates, Marchenko orchestrated a network that deceitfully procured substantial quantities of military-grade microelectronics from American suppliers on behalf of end users based in Russia. These microelectronics held applications for various weaponry systems, including rifle scopes, night-vision goggles, and thermal optics, among others. Arrested in September 2023, the 51-year-old confessed to charges of smuggling and money laundering in a New York court on Thursday.
According to US Attorney Damian Williams, Marchenko employed shell companies and intricate money laundering techniques to conceal his scheme of funneling the microelectronics to Russia. The sentencing for Marchenko is scheduled for May 29, with money laundering carrying a maximum prison term of 20 years and smuggling carrying up to 10 years, as stated by the Department of Justice.
Assistant Attorney General Matthew G. Olsen of the Justice Department's National Security Division emphasized the department's commitment to holding accountable those facilitating the Kremlin's aggression against Ukraine. Marchenko's shell companies were found to have transferred over $1.6 million to the US between May 2022 and August 2023 for the purchase of the equipment, according to the DOJ.
#RussianSmugglingGuilty #USJustice #MilitaryGradeElectronics #SanctionsViolation #MaximMarchenko #IllegalExports #KremlinAggression #UkraineConflict #MoneyLaundering #DOJProsecution #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn
Abu Dhabi Council forms Folk Arts Committee to oversee performances, led by H.E. Al Mazrouei...Read More.
Simple money tips to save, invest, and secure your future...Read More.
The 3rd UAE Schools & Nursery Show starts at Expo Centre Sharjah, running until Feb 16
Under HH Sheikh Mohammed's patronage, the Women's Race is on Feb 16 at Al Salam Championship
Saudi Arabia welcomes Trump-Putin call and offers to host a summit between them
Top drivers and riders race Abu Dhabi’s dunes in W2RC Round 2, from 21-27 Feb 2025
Sheikh Sultan inaugurates new Sharjah Scout Mission building, launching 10th Scout Gathering
Abu Dhabi Council Sets Up New Folk Arts Committee with Fresh Resolution
Abu Dhabi Council forms Folk Arts Committee to oversee performances, led by H.E. Al Mazrouei
Smart Money Tips for a Safe and Happy Future
Simple money tips to save, invest, and secure your future
Sheikh Nahyan Offers Condolences on the Passing of Aga Khan IV
Minister of Tolerance meets Prince Rahim Al-Hussaini, Aga Khan V, in Lisbon to discuss ties
Tourism and Travel Explore Amazing Places to See
Discover amazing places and unforgettable travel experiences
From Diriyah to Jeddah: How Formula E Made Its Debut in Saudi Arabia
From Diriyah to Jeddah, Formula E marks a new era in Saudi Arabia’s motorsport journey
Minister Stresses Collective Action on Climate Security at Munich Conference
Adel Al-Jubeir joins nature-security dialogue at Munich Conference with global leaders
3rd UAE Schools & Nursery Show Begins at Expo Centre Sharjah
The 3rd UAE Schools & Nursery Show starts at Expo Centre Sharjah, running until Feb 16
Abu Dhabi to Host Global Warships for NAVDEX 2025 Maritime Showcase
Abu Dhabi welcomes warships for NAVDEX 2025, set for 17-21 Feb at ADNEC Marina
Top 20 Must Visit Places Around the World for Your Travel Bucket List
Discover 20 stunning travel spots to explore around the world
Dubai RTA to Close Al Qudra Cycling Track This Sunday for Maintenance
The desert race starts at 1:30 PM and runs for 4 exciting hours of non-stop action
3001E, 30 Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
+971 52 602 2429
info@dxbnewsnetwork.com
© DNN. All Rights Reserved.