Justice Department's indictment of Semion Mogilevich

Date Description Transferred from Transferred to
6/12/96 Proceeds totaling
approx. $3.2 million.
10/15/96 Proceeds totaling
approx. $1,499,965.
TDL
a/c 0001-036613-500
Central-Euro. Int’l Bank
Budapest, Hungary
CBN Trust Co.
a/c 24070843
Snoras Bank
Lithuania
72
Nominee Accounts:
• IBS Trading Co.
• N.Y. Cotton Corp.
• United Nordland Invest.
• M. Finance Co. (FIN &
CE Co.)
• Independent Group, Inc.
• Whitley Int’l Corp.
Chase Manhattan Bank
(formerly Chemical Bank)
Buffalo, New York
United Trade Ltd.
a/c 503-20008-4100-4014
MKB Bank
Budapest, Hungary
10. To disguise the fact that approximately $32 million in customer receipts
had been falsely reported on the books and records of UNITED TRADE for 1997, the defendants
orchestrated a sell-off of the fraudulently inflated YBM stock in or about March 1998, in order to
generate sufficient funds to transfer to the corporate accounts of UNITED TRADE in Canada.
Approximately $21.2 million in YBM stock was sold from four brokerage accounts in Canada,
which were held in names of nominees and close associates of MOGILEVICH and FISHERMAN.
The proceeds were then transferred to foreign bank accounts in Eastern Europe and moved to the
UNITED TRADE account in Canada to create the false appearance that these funds had
previously existed in the bank account of UNITED TRADE as had been represented on the books
and records of UNITED TRADE. Thereafter, the funds were transferred as follows, to and from
UNITED TRADE accounts in Canada, Hungary and the United States, on the approximate dates
indicated: