You're reading: Hromadske: Report reveals how 2014 bank scheme robbed Moldova of billions

Since 2014, Moldova has been following the “Billion Case” – a banking scheme that robbed the country of 12 percent of its GDP. Although the fraud was initially thought to amount to around a billion U.S. dollars, a new report made public on July 4 revealed that the total amount of fraudulent loans was actually closer to $3 billion. Now, the country’s new Prime Minister Maia Sandu is determined to get this money back and bring the perpetrators to justice. But that’s easier said than done.

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