Suspects in Laundering Scandal Surrender

A former Bank of New York executive specially trained in money-laundering detection and her husband surrendered to the FBI and are expected to plead guilty today to their roles in one of the largest-ever money-laundering scandals, a source told Associated Press. The former executive, Lucy Edwards, and her husband, Peter Berlin, were indicted last year. Investigators allege they were involved in illegally moving as much as $10 billion from Russia through accounts at Bank of New York. The pair surrendered to authorities shortly after arriving in the United States from London, said a source familiar with the investigation who spoke on condition of anonymity. They were taken into custody in the company of their lawyers and were expected in Manhattan federal court today, the source said. A message left with the couple’s lawyers was not immediately returned.