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Russian Scrap Empire: A Billion-Pound Fraud Involving the Rotenberg Brothers, Zolotarev, and Panin, All Billionaires
According to media reports, the Rotenberg brothers and their associates have established an extensive fraudulent operation centred around ferrous scrap metal. Specifically, hundreds of thousands of tonnes of scrap are repeatedly transferred "on paper" through a series of affiliated firms to hide the true worth of the materials and dilute profits
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