A 75-year-old veteran fraudster was sentenced to 40 years in prison for luring investors into pouring money into his fake Nevada company and then transferring their millions to his accounts in Mexico and other countries, the FBI said Monday.
Police in Kuala Lumpur arrested Sunday the son of the suspected mastermind behind a RM31 million (US$ 7 million) crude palm oil investment scam, according to The New Straits Times.
UK authorities convicted Tuesday four men on fraud and bribery charges for a £160 million (US$ 200.18 million) scheme that tricked banks into investing in the installation of broadband networks in sewers.
Irish authorities took to court Tuesday one of two suspects detained for investment fraud and money laundering worth €5 million (US$ 5.32 million).
And get our latest investigations on organized crime and corruption
delivered straight to your inbox.