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Russian confesses to smuggling high-tech military gear from the US.

Photo-Daily Tribune

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.

March 1, 2024 2:53 p.m. 7473

#RussianSmugglingGuilty #USJustice #MilitaryGradeElectronics #SanctionsViolation #MaximMarchenko #IllegalExports #KremlinAggression #UkraineConflict #MoneyLaundering #DOJProsecution #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn

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