German authorities announced on Wednesday they seized 50 million euros (US$56.7 million) believed to be derived from the “Russian Laundromat” - an international money laundering scheme exposed in 2014 by the Organized Crime and Corruption Reporting Project (OCCRP) and the Russian newspaper Novaya Gazeta.
OCCRP’s Bulgarian partner Bivol has identified a Bulgarian lawyer as the owner of a bank account allegedly used to launder hundreds of millions of dirty dollars on behalf of Venezuelan leader Nicolas Maduro.
Estonian parliament again shelved the draft of a law that was to strengthen the rules on money-laundering, saying the bill will be discussed again after election in March, the Estonian Committee on Legal Affairs said on Thursday.
A federal jury in Laredo, Texas found six individuals guilty in connection with a two-year multi-million dollar money laundering scheme, the Justice Department announced Tuesday.
Royal Canadian Mounted Police arrested 17 people in connection with an international money laundering scheme, seizing vast quantities of drugs and cash, in an early morning raid on Monday. Three other members of the network remain at large, said the RCMP.
The former president of the Maldives was charged with grand corruption, money laundering and theft on Wednesday, the Diplomat, a Tokyo-based news magazine covering the Asia-Pacific, reported.
In a nationally televised interview, Nicos Anastasiades invited investigators to look into the Gold Visa program and if they found he was involved, he said, he would go to court -- or resign.
The primary whistleblower in South Africa’s state capture inquiry was among seven suspects who have been charged with corruption, money laundering, and fraud, Business Day, a daily newspaper in South Africa, reported.
Accepting bribes from a former minister during Nigeria’s 2015 elections has landed two former election officials seven and eight year terms in prison, the country’s anti-corruption body announced on Friday.
Macedonia’s right-wing former ruling party, VMRO-DPMNE, stands accused of a litany of crimes, including illegally purchasing dozens of properties all over the country. OCCRP’s local member center, IRL Macedonia, has the list.
Britain is launching a new task force to tackle the country’s bribery, corruption and money laundering problem estimated to be worth £14.4 billion (US$18.6 billion) a year.
Fortnite, an online free-to-play video game wildly popular among children and teenagers, has also reportedly caught on with cybercriminals who use its in-game currency as a tool to clean their dirty cash, according to an investigation by the Independent.
A Russian lawyer who sparked a wave of controversy for her role in a 2016 meeting with senior campaign officials for Donald Trump was charged Tuesday with obstruction of justice in an unrelated money laundering case.
Mozambique announced on Monday the indictment of 18 individuals in connection to the US$2 billion “tuna bonds” scandal that plunged the country into its worst financial crisis since independence.
Despite objections by conservatives, Iran passed a long-awaited anti money laundering bill on Saturday, taking the country one step closer to accessing the international financial system.
Despite a robust legal framework and a wide range of national anti-corruption mechanisms, authorities in Albania have not effectively cracked down on money laundering, the Council of Europe said in a report published Monday.
Authorities arrested on Wednesday 14 alleged members of a transnational gold smuggling ring in Italy, Romania and Turkey for criminal association, money laundering and trafficking stolen goods.
Weak laws and regulations in Germany allow billions of euros of dirty cash to be funneled into its real estate market, turning the country into a hotbed for money laundering, according to a Transparency International report published on Friday.
Police from over 20 states arrested 168 people who allegedly worked as money mules, helping criminals launder millions of euros of dirty money,Europol announced Tuesday.
In light of recent high-profile scandals at several European banks, the European Council vowedon Tuesday to take further measures against money laundering and terrorist financing in an ongoing effort to crack down on financial fraud.
Page 1 of 14
You can't rely anymore on Facebook or Twitter to reach us. Email is still best.
And you won't miss anything!