The U.K. government introduced a new bill to block kleptocrats and criminals’ dirty money from flowing freely through its economy by cracking down on fraud and money laundering.
Boeing agreed to pay US$200 million in settlement fees Thursday for misleading investors as to the cause of two deadly crashes in 2018 and 2019 that led to the loss of all 346 souls on board.
U.S. authorities charged five members of a Queens-based construction company Wednesday for their alleged role in a conspiracy to defraud New York City of US$12 million intended for homeless shelter renovations.
A Honduran court sentenced the country’s former first lady on Wednesday to over 14 years in prison and fined her 13,812,848 lempiras (US$558,232) for fraud and misappropriation against the state.
The office of the Georgian ombudsman asked on Tuesday the European Court of Human Rights to prioritize the lawsuits filed by Georgians over the latest surveillance scandal that erupted when a TV station aired leaked videos that showed to what extent opposition leaders were spied on.
The South Korean founder of a collapsed cryptocurrency firm, credited with causing the recent crypto-market crash that cost investors US$500 billion, has denied being on the run from accusations of fraud and financial crime probes in multiple jurisdictions.
Criminal networks looking to recruit victims for sexual and labor exploitation on the cyberspace were flagged by law enforcement authorities across Europe in a September 6 joint action day, Europol announced on Wednesday.
U.S. authorities charged 47 people on Tuesday for their alleged role in a conspiracy to defraud US$250 million from a federally-funded program designed to feed impoverished children during the pandemic.
Nigerian authorities raided several schools specialized in teaching internet fraud and arrested two owners and seven students, according to a press release by the country’s Economic and Financial Crimes Commission (EFCC).