Kremlin-backed forgery scheme moved $6.9bn through global banks — Live Feedhttps://www.live-feeds.com/feed/kremlin-backed-forgery-scheme-moved-6-9bn-through-global-banksContinuously updated, source-cited coverage. Russian fintech A7 moved $6.9 billion through global banks via forgeryhttps://www.live-feeds.com/feed/kremlin-backed-forgery-scheme-moved-6-9bn-through-global-bankshttps://www.live-feeds.com/feed/kremlin-backed-forgery-scheme-moved-6-9bn-through-global-banks#u81824Wed, 23 Sep 2026 21:30:23 +0000Russian fintech company A7 transferred $6.9 billion through international banks by using forged documents and exploiting Swift controls. The Kremlin-backed scheme allowed sanctioned payments to bypass global financial restrictions. The network utilized links to two African countries to facilitate the movement of these funds. This operation demonstrates how sanctioned entities utilize sophisticated forgery and fintech loopholes to access the global banking system despite existing international prohibitions.Why it mattersSanctions are designed to isolate the Russian economy and limit the Kremlin