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The Evictors

Around Moscow, there’s a whole industry of so-called “black creditors” — microfinance institutions (or MFOs) that swindle and seize debtors’ homes. Ivan Golunov’s investigation for Meduza has discovered that almost 500 apartments have been seized from their owners over the past five years without so much as a court order. In fact, this scheme involves more than simply “squeezing” people from their homes. It is possibly part of a wider, international money-laundering system. Here’s Meduza special correspondent Ivan Golunov on the ins and outs of this industry.

Ah, my neighborhood.

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Welcome to the neighborhoodSo the ghetto bird has been hovering overhead all morning.  Now the local news vultures are here to feast.

It all started this morning around, I think it was, 5:45 a. m. Pack! Pack! Pack! I say to myself, “Those were gun shots.”

The neighborhood has been a clusterfuck since.  Two major LA thoroughfares closed. The dreaded Fairfax-San Vicente-Olympic junction has been closed about a mile in each directions.  Now the news crews are here and probably will be well into the night.  It’s headline news, baby.