A homeless couple in Belgium is on trial for money laundering after sharing some US$ 350,000 they found while squatting in an abandoned building, the Guardian reported Wednesday.
Authorities in five countries arrested 74 suspects in an operation aimed at disrupting email fraud schemes that intercept and hijack wire transfers from businesses and individuals, the FBI announced Monday.
US authorities indicted a number of Russian and Syrian nationals on Tuesday for alleged money laundering and circumvention of US economic sanctions against Syria and Crimea through the use of front companies and falsified documents, the Justice Department announced.
Members of the UK Parliament called this week for tighter sanctions against Kremin-connected individuals and warned that the government is not shielding national security interests from Russian “kleptocrats and human rights abusers.”
A review panel in the 1MDB corruption case claims Malaysia’s former attorney general blocked an investigation of an alleged transfer of US$10.6 million into an account of the previous prime minister, Reutersreported Tuesday.
US investigators are looking into how former executives of a Dutch banking giant may have obstructed an investigation into its California branch that laundered hundreds of millions dollars of Mexican drug-cartel money, Bloomberg reported Thursday.
The United Kingdom will force companies in its territories to join public registers in order to combat corruption and tax avoidance, the government announced Tuesday.
A Brazilian judge fined Facebook US$33.4 million on Thursday for failing to cooperate with prosecutors in a graft probe in the state of Amazonas.
How does a criminal transfer or steal large sums of money in 2018 without leaving a trace?
Russian lawmaker Vladislav Reznik and 17 other suspects appeared in front of Spanish judges on Monday, facing accusations of laundering money for the Tambov and Malyshev gangs—two of Russia's largest organized crime groups, Radio Free Europe/Radio Liberty reported.
The US subsidiary of Rabobank pleaded guilty to obstructing an investigation into money laundering by Mexican drug cartels and has agreed to pay a US$369 million fine, the Justice Department announced on Wednesday.
The Tax Justice Network released their Financial Secrecy Index on Tuesday, ranking Switzerland and the United States as the top two countries most attractive for tax evaders and money launderers. This is the second time in a row that the US has risen on the index, marking a fall in terms of transparency.
Almost 800 Bulgarian owners of expensive real estate or luxury cars will be investigated under suspicion of money laundering, prosecutors announced on Monday.
Bitcoin’s 80 percent climb in December made headlines last week and for the lucky investors who can now reap the benefits of its heightened value, the cryptocurreny may seem like a hallmark of the future. But as warnings grow over the risk of a speculative bubble and volatile price fluctuations, another concern has emerged— bitcoin’s anonymity and its potential use in money laundering schemes.
Britain announced on Monday the creation of a new National Economic Crime Center (NECC) to crack down on money laundering, which is estimated to cost taxpaying households in the United Kingdom US$ 340 each year.
A French judge on Thursday ordered Russian legislator and billionaire Suleiman Kerimov to post US$47 million in bail and relinquish his passport as part of an investigation into tax fraud and money laundering at Kerimov’s luxury properties on the French Riviera.
French authorities have launched an investigation against Danske Bank which is suspected of having taken part in the laundering of some of the US$ 230 million Russian treasury scam once uncovered by Moscow-based lawyer Sergei Magnitsky, the Financial Times reported on Friday.
On Wednesday, a Greek court showed support for Russia in a US-Russia legal tug-of-war over the alleged mastermind behind a $4 billion bitcoin money-laundering scheme, reported Reuters.
A top banking executive was sacked for not daring to enforce the bank's anti-money laundering rules against the King of Ghana for whom he deposited £ 350,000 (about US$ 462,000) in cash, media reported on Tuesday.
The US and Russia are fighting over the extradition of the alleged mastermind of a US$4 billion bitcoin laundering ring, The Washington Times reported on Sunday.
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