R4I – Connectum, Walletto, and the money laundering connections to Russian Binex Group
The former CEO and beneficial owner of FCA-regulated Connectum Limited, Latvian Edgars Lasmanis has joined Walletto UAB, a regulated Lithuanian e-money institution, as chairman of the supervisory board. He has held this role since October 2017, according to his LinkedIn profile. Lasmanis resigned as director and CEO of Connectum in January 2021, according to UK Companies House. Connectum, in turn, has had a central role in the money laundering of Binex Group LP around the E&G Bulgaria cybercrime organization of Gal Barak, Gery Shalon, and Vladislav Smirnov.