Russian FinTech Allegedly Laundered $6.9 Billion Via Global Banks

# Russian FinTech Allegedly Laundered $6.9 Billion Via Global Banks

> Evidence tier: B1
> Evidence type: Independent payments-trade report summarizing a Financial Times investigation
> Source: [PYMNTS](https://www.pymnts.com/news/banking/2026/russian-fintech-allegedly-laundered-6-9-billion-via-global-banks)
> Published: 2026-09-22
> Captured: 2026-09-22T14:40:17.914Z

## Source summary

PYMNTS summarizes a Financial Times investigation alleging that Russian cross-border payments provider A7 routed more than $6.9 billion through global banks using front companies, cash deposits and forged invoices. The FT, citing leaked A7 documents, reports that a little over half of the funds ultimately went to Chinese accounts; named banks pointed to anti-money-laundering controls or declined further comment.

## Why it matters

The reported scheme shows how cross-border payment chains may be used to evade sanctions and controls, but the figures and mechanics are investigative allegations based on leaked records. They are not a regulator's adjudication or a court finding, and the banks' knowledge or intent is not established by the report.

## Key numbers

- **Funds allegedly routed:** >$6.9B
- **Share reportedly sent to Chinese accounts:** >50%

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: A7 / Global banks
- Cross-border payments
- Company intelligence

## Evidence and credibility note

Readable PYMNTS report tracing the claims to a Financial Times investigation based on leaked A7 records. Amounts and mechanics remain allegations; no regulator or court finding, bank knowledge or intent is established.

Date evidence: PYMNTS article metadata records September 22, 2026

## First-party corroboration

- [https://www.ft.com/content/3848a4ad-1426-4352-ba86-ef1279c4ffd1](/en/items/https://www.ft.com/content/3848a4ad-1426-4352-ba86-ef1279c4ffd1)

## Original-source traceback

[Open the original PYMNTS report](https://www.pymnts.com/news/banking/2026/russian-fintech-allegedly-laundered-6-9-billion-via-global-banks)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.