Wozchod Handels Bank of Zurich

Wozchod Handels Bank of Zurich was a Swiss bank established in June 1966.[1][2] It was involved in Russian gold trading and was reported to be owned by the Soviet government. Due to trading losses, the bank was liquidated in 1985. It also gained notoriety as a bank used by the American embezzler Stanley Rifkin when he defrauded Security Pacific National Bank in 1978.[3][4][5]

References
  1. Dodis, Diplomatische Dokumente der Schweiz | Documents Diplomatiques Suisses | Documenti Diplomatici Svizzeri | Diplomatic Documents of Switzerland |. "Wozchod Handelsbank AG". dodis.ch. Retrieved 2019-07-26.
  2. "SCHWEIZ / SOWJET-BANK: Morgenröte AG". Spiegel Online. 39. 1966-09-19. Retrieved 2019-07-26.
  3. "Wozchod Being Liquidated Following Big Loss". AP NEWS. Retrieved 2019-07-26.
  4. "Soviet Bank Drops Trader ZURICH, Nov. 20 (AP) -". The New York Times. 1984-11-21. ISSN 0362-4331. Retrieved 2019-07-26.
  5. "The Soviet Union is liquidating its Swiss bank". Los Angeles Times. 1985-03-04. Retrieved 2019-07-26.


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