“This certainly shows a due diligence failure,” said an anti-money laundering expert.
Solway was labeled a “high-risk” client over suspect transactions, while companies tied to the mining group and its...
Two U.S. government agencies made the National Bank of Pakistan (NBP) pay a total of US$55 million in fines for repeatedly...
A network of Gaddafi-era officials have been accused of embezzling millions of dollars of Libyan state development money and...
Mriya Agro Holding collapsed after its Ukrainian owners, members of the Guta family, siphoned over $100 million of the...
Alongside other forms of cybercrime, romance scams have been on the rise since the onset of the COVID-19 pandemic and have...
In the largest financial seizure in its history, the U.S. The Department of Justice (DOJ) took more than US$3.6 billion in...
The art world’s extravagance and culture of privacy has made it an attractive industry for criminals to launder their...
An alleged cocaine trafficker, a trail of fake paperwork, and a cluster of criminals: inside the Amazon rainforest’s illicit...
Money laundering via cryptocurrencies increased in 2021 by 30% and is estimated to account for US$8.6 billion, claims a...
Bulgarian police took down an online investment scam and money laundering network on Wednesday, alleging a single member...
The U.S. Department of Justice (DOJ) indicted on Wednesday 13 people in a healthcare fraud, money laundering, and bribery...