Bankers convicted for aiding Putin's friend in setting up Swiss account.

Four bankers, including three Russians and one Swiss, have been convicted of lacking diligence in financial transactions for helping Sergey Roldugin, a close friend of Vladimir Putin, move millions of francs through Swiss bank accounts. Roldugin, who is godfather to Putin's eldest daughter, has been dubbed "Putin's wallet" by the Swiss government. The men helped Roldugin deposit millions of francs in Swiss bank accounts between 2014 and 2016 without conducting sufficient checks. The case highlights how people like Roldugin were used as "strawmen", a way to hide the true owners of money.