Switzerland to Tighten its Anti-Money Laundering Rules

Known for the banking secrecy that has given the country its reputation as a “dirty money hub,” Switzerland now plans to tighten its anti-money laundering regulations and bring them in line with international standards.

Cult Member Accused of Embezzling from US Government

The US charged a member of a shadowy Mormon group with over 100 business across the American West of embezzling US$500 million in biodiesel tax credits, laundering nearly $134 million and of witness tampering.