Ukrainian-run money laundering ring busted in Poland

The nine-member operation allegedly processed $86 million in less than two years for clients involved in online fraud Polish authorities have charged nine people, most of them Ukrainian nationals, over their alleged involvement in a money-laundering operation.The group was described as part of a broader international network helping criminal enterprises launder illicit proceeds in statements released on Monday by the Regional Prosecutor’s Office in Lodz and the Internal Security Agency (ABW). Ukraine has become a major hub for online and telephone fraud operations, many of which are said to enjoy protection from corrupt government officials.Polish investigators said the group laundered more than $86 million between February 2025 and July 2026. Authorities seized approximately $250,000 in cash and gold during the arrests.Nine suspects aged 26 to 53 were detained over their alleged roles in the operation: two money couriers, four cashiers, and three currency exchange clerks. Eight suspects are Ukrainian nationals, while the ninth is a Belarusian woman. A 34-year-old Ukrainian man was accused of leading the ring.All nine were charged, with seven remanded in custody. The two cashiers w...