Lucy Edwards, who pled guilty to moving billions of dollars of illicit cash from Russia, and through the Bank of New York, blamed that bank, her former employer, for allowing her to conduct a massive money laundering operation, stating that they failed to immediately identify her illegal activities, and should have shut her down. Speaking before the Australian Financial Markets Association first anti-money laundering conference in Sydney on Wednesday,, Ms. Edwards, who received no jail time for her crimes, implied that it was her former employer who should bear the guilt for the world's largest money laundering scheme, and neither she nor her husband, Peter Berlin, who operated two front companies in New York that faciliated the flow of illicit cash through the bank.

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