It's wonderful to see this bank getting a taste of its own medicine after years of ripping off customers. Something that has seriously damaged Latvia's reputation, as no sane person will open an account with an established Latvian bank until they get their act together and eradicate corruption (never).
Veterans among us will remember the threads on an unnamed forum where several victims shared their stories.
"The assets involved are worth 30 billion rubles (approximately 300 million euros, depending on the exchange rate). This amount includes the seized property of the aforementioned Latvian entities, as compensation for the seizure of "Moscow House" in Riga, estimated to be worth around 14-16 million euros." (Source)
Fully deserved by the Rietumu crooks.
Note that the Latvian banking system was de facto fully taken over by the US, with a long process that started after the PATRIOT Act.
Look for example at who sits in Rietumu's board: Charles William Larson Jr, former US ambassador to Latvia.
Latvia is effectively a US colony, as I mentioned here: Bounty on Putin's head put by a Russian Businessman!
Great! They got paid with their own money.
Stay away from Latvia.
Marty McFly said:Stay away from Latvia.
Is there even any reason left to go to Latvia? Riga is becoming a ghost town.
JohnnyDoe said:Is there even any reason left to go to Latvia?
Girls, maybe?
JohnnyDoe said:Is there even any reason left to go to Latvia? Riga is becoming a ghost town.
Santa Fun Run Riga, for example, no? 😅
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OneWatchClocked · 2 replies · last 21 Oct 2026
True power moves in silence.
