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Weekly Roundup: ‘Merchant of Death’ Convicted, Former Bank Official Pleads Guilty to Laundering, and More
printRussian international weapons trafficker Victor Bout was convicted in the Southern District Court of New York on Wednesday for selling arms to the sanctioned terrorist group the Revolutionary Armed Forces of Colombia (FARC). Bout, notorious as the "Merchant of Death," used cargo planes to transport arms to various parts of the world and a string of front companies to disguise related transactions, according to court documents. Though the United States blacklisted Bout in 2004 for selling arms to Liberia, the current conviction is the result of a 2008 sting operation by the U.S. Drug Enforcement Administration during which agents posed...
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