Have you ever heard of EurexTrade? It is a company registered in 2004 in Panama and owned by three companies - Ireland & Overseas Acquisitions Ltd, Milltown Corporate Services Ltd and Inhold Ltd.According to an investigation published in 2009 by the Small Arms Survey (SAS) in Switzerland, Mike Lewis, the author of the SAS report, revealed that Milltown Corporate Services and Ireland & Overseas Acquisitions Ltd were British Virgin Islands-registered companies. He mentions that these two companies play a role in many different cases and are always associated with Latvians Erik Vanagels and Stan Gorin, as president and treasurer.
The full extent of the money laundering international Vanagels Connection have been reported in Economic Crime Intelligence to have extensive dealings with several East European countries like Ukraine, Moldavia, Romania and Russia, covering everything from illicit arms exports, Internet piracy, oil/gas/electricity related corruption, financial frauds, counterfeit pharmaceutical products, massive cyber criminality, drug peddling and some of their customers include Asiatic Hoa Le Duc's Mafia or the Mexicam Sinaloa drug cartel.
