Former bank executive and convicted money launderer Lucy Edwards says financial institutions should be wary of their employees and knowledgeable about their outside business dealings. Edwards, former vice president of Bank of New York's Eastern European division, her husband Peter Berlin and three U.S. companies owned by Berlin pleaded guilty in 2000 to money laundering conspiracy, operating an illegal money services business and establishing an unauthorized foreign bank. Edwards and Berlin admitted to moving more than $7 billion in funds with dubious Russian origin through Bank of New York private banking accounts belonging to Berlin's companies from 1996 to 1999....
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