The international financial system needs urgent reforms, as currently it enables illicit money flows and tax abuse, a high-level panel assembled by the United Nations concluded on Thursday, suggesting that tackling this issue is the world's best chance of improving its sustainable development goals.

Cyprus blocked an EU decision to sanction individuals suspected of election fraud and the violent crackdown against protesters in Belarus, demanding that policymakers first take action against Turkey over an unrelated territorial dispute.

A judge in the Southern District of New York sentenced a former U.S. resident to four years in prison on Monday, making him the first taxpayer in the United States to be incarcerated for crimes revealed in the Panama Papers investigation.

Armed assailants have killed one man and injured another at a restaurant in British Columbia, with local press identifying the victims as former suspects in a large-scale money laundering investigation.

The part of the speech where U.S. Secretary’s Mike Pompeo expressed concern with Russia’s money laundering in Cyprus was missing in local media reports from a press conference he gave in the capital of Nicosia on Saturday because the translator skipped it.

The U.S. Department of Treasury announced on Wednesday that the largest German investment and financial services provider Deutsche Bank has agreed to pay two settlements totaling US$583,100 for facilitating transactions that violated Ukraine-related sanctions.

When Erik Súñiga died in U.S. custody in April, he left a rich religious and political legacy in the Guatemalan town where he founded an evangelical church, and served as mayor for over a decade.

By all outward appearances, Hatam Khatoun Nema was a small-time money changer working from a nondescript office in Järfälla, a workaday Stockholm suburb.

In an effort to crack down on the hundreds of millions of dollars that were laundered through the U.S. real estate and business sectors by two former owners of one of Ukraine’s largest banks, authorities announced on Thursday that they intend to seize several of the properties involved in the scandal. 

After trials that stretched over a decade, the Belgrade High Courtsentenced on Friday 13 Serbian members of a criminal group led by drug lordDarko Šarić, who was sent behind bars for nine years for laundering millions of dirty drug money.

Former FBI director Louis J. Freeh, whom Tallinn hired to help prove to U.S authorities that Estonia was a victim in the Danske Bank money laundering scandal, has previously negotiated a settlement with the U.S. on behalf of a major Russian client accused of large-scale money laundering.

Police arrested Ohio’s Speaker of the House on Tuesday for what the state’s US Attorney for the Southern District described as “likely the largest bribery and money laundering scheme ever perpetrated against the people of the state of Ohio.”

A recently leaked document from the U.S. Federal Bureau of Investigation (FBI) reveals the agency is aware that criminals have “ever-increasing opportunities” to launder money through the country’s several trillion dollar private investment fund industry.

The Marina Bay Sands, a casino in Singapore owned by billionaire Sheldon Adelson, agreed to pay a settlement of US$6.5 million to a Chinese gambler who claimed that the sum had been withdrawn from his account and transferred to other guests without his approval. 

The European Court of Justice announced on Thursday that Romania and Ireland will have to pay three million euro (US$3.43 million) and two million euro ($2.29 million) respectively for having failed to follow an EU directive intended to prevent illicit financial flows that lead to money laundering and terrorist financing.

This barrel bomb was different. This one sent up plumes of yellow vapor, a telltale sign of chlorine attack.

A US think tank claims that poor enforcement has turned Dubai into a hotbed of dodgy dealings by allowing the emirate to serve as a major crossroad for gray networks and international finance. 

Guatemalan authorities have arrested two sons of a former president of Panama following an extradition request by the United States, where they are facing money laundering charges.

New York’s Department of Financial Services announced on Tuesday that Deutsche Bank has agreed to pay US$150 million in penalties for its financial dealings with Jeffery Epstein, a notorious sex offender, and for its relationship with two banks that were behind large-scale money laundering scandals.

Panamanian prosecutors have summoned two of the country’s former presidents in separate investigations into corruption and money laundering, launched by the Special Anticorruption Prosecutor's Office and the Specialized First Superior Prosecutor's Office against Organized Crime.