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Bulgarian wrestler and Credit Suisse charged with laundering $39 million of drug money

According to Forbes a Bulgarian wrestler has been indicted, along with Credit Suisse (Switzerland’s second largest bank) and one of its former employees, on charges that they laundered $39 million in illicit funds. The Office of the Attorney General of Switzerland said the wrestler, a client of Credit Suisse, laundered money stemming from a European cocaine trafficking ring.

Authorities allege that the former Credit Suisse employee set up “special finance transactions”, which included real estate deals, to aid the wrestler, who was working as part of a Bulgarian organized crime syndicate.

Credit Suisse has also been charged with not complying with anti-money-laundering provisions.