Money Laundering

Danske Bank said Tuesday it has reached a settlement with U.S. and Danish authorities in one of the world’s largest...

In China’s latest crackdown on cryptocurrency fraud, police say they arrested 63 people suspected of helping domestic and...

Santander UK was fined £107.7 million (US$132.2 million) on Friday after the Financial Conduct Authority (FCA) found...

Despite its setback Wednesday in the U.S. Senate, a proposed law called the ENABLERS Act still holds considerable support...

More than 17.5 million euros (US$18.39 million) have been confiscated from “money mules” and nearly 2,500 suspects have been...

Increasingly complex money laundering networks play a vital role in sustaining the synthetic opioid trade, which is linked...

The United Kingdom’s financial watchdog announced Wednesday that it has fined the U.K. subsidiary of the Swiss investment...

Two Estonian men suspected of masterminding a US$575 million cryptocurrency fraud and money laundering conspiracy were...

Banks often help each other carry out cross-border transactions using a system known as correspondent banking. The process...

The G20 leaders who convened in Bali earlier this week agreed on a number of points including condemning Russia’s invasion...

The U.S. Department of Justice announced on Monday that it seized US$3.36 billion worth of bitcoin last year which was...

The Central Bank of Iraq (CBI) has taken custody over a private bank whose majority owner had been misspending loans he took...