#money laundering
31 stories
U.K. Sanctions Cryptomus for RU Money Laundering
U.K. sanctions Cryptomus after it processed $7bn in ransomware and cybercrime payments for Russia.
Krebsonsecurity · 1m
Belgian police raid Tshisekedi family over DRC mining
Searches target properties of Congo president's relatives in investigation into alleged illegal mining and embezzlement.
RFI · 2m
Bank of America fined $1.2bn for money laundering failures
The US Treasury Department penalises Bank of America for failing to detect and report over $5bn in suspicious activity, including potential Chinese money laundering networks.
BBC News · 1m
Bank Of America Fined $1.2 Billion For Money Laundering Failures
Bank of America pays $1.2 billion penalty after failing to report suspicious financial activity.
HuffPost · 1m
US fines Bank of America $1.2 billion for money laundering failures
The Treasury Department penalizes America's second-biggest bank for violating anti-money laundering and sanctions laws, the third-largest fine in departmental history.
ABC News · 1m
Bank of America fined $1.2 billion for money-laundering failures
The nation's second-largest bank admitted willfully violating anti-money laundering rules and failing to report over $5 billion in suspicious transactions.
CNBC · 2m
U.S. Releases Names of 24 Nigerians Arrested
U.S. releases names and photos of 24 Nigerians arrested for fraud and money laundering.
Allafrica · 1m
Maduro Ally Arrested in $10M Bounty Case
Colombian drug trafficker Alvaro Pulido Vargas, alias German Enrique Rubio Salas, arrested in Florida for laundering millions through Maduro's regime.
Newsweek · 1m
Maduro-linked fugitive arrested in U.S. corruption case
U.S. arrests Venezuelan fugitive Alvaro Pulido Vargas over alleged $1.6 billion scheme to exploit food and medicine programs.
New York Post · 1m
Maduro-linked fugitive arrested in U.S. corruption scheme
Alvaro Pulido Vargas, a Maduro ally, faces charges for laundering $1.6B in Venezuelan government contracts through U.S. banks.
Fox News · 1m
Prediction market Kalshi hires FBI agent to fight money laundering
As prediction markets face legal scrutiny, Kalshi brings in a former federal prosecutor to build defenses against financial crime.
NPR · 1m
US DOJ checks Binance compliance with 2023 deal
US Justice Department probes Binance for 2023 settlement breach and Iran sanctions violations.
The Straits Times · 1m
OCC and Fed Fine American Express $350 Million Over AML Deficiencies
American Express pays $350m penalty for money laundering failures.
Pymnts · 1m
Liberia Intercepts $400k Undeclared Cash
Liberian police seize $400,000 in unreported cash during border check.
Allafrica · 1m
Tobacco Cartels Funnel Cash Offshore
Tobacco cartels use hawala and private ATMs to move millions offshore, evading taxes and law enforcement.
Abc · 2m
Crypto Hacker Convicted of $53M Theft
A Maryland man spent millions on rare Pokemon and Magic cards after stealing $53.3m from a crypto exchange.
Dexerto · 1m
Amy Klobuchar's Somalia Remittance Push Resurfaces
Klobuchar's 2013 Somalia money-transfer efforts face renewed scrutiny as Restore Sanity PAC highlights fraud links in Minnesota.
Dallas Express · 1m
EU Inc. Simplification Needs Legal Certainty
EU's new company law requires legal checks to prevent hidden ownership and money laundering risks.
EUobserver · 1m
Honduras Court Keeps Koriun Ex-Manager in Preventive Prison
Honduras appeals court upholds preventive detention for Koriun ex-manager Iván Velásquez.
The Rio Times · 1m
Smart Ring CEO Guilty of Fraud
California tech CEO convicted of stealing millions from investors using fake patent claims.
Sfgate · 1m
19 Charged In Dallas Drug Network
19 charged in Dallas drug trafficking network involving cocaine, crack, meth, and marijuana distribution.
Dallas Express · 1m
Katie Price vows to concentrate on her children after splitting from Lee Andrews
Katie Price says she can't tolerate her husband's deception anymore after discovering he had just £2.22 in his account.
Dailymail · 2m
What's really under the counter at the vape shop
Dodgy UK shops hide illicit goods in secret chambers.
Dailymail · 1m
Five men jailed for migrant passport 'debt bondage' scheme
Twin brothers and three associates jailed for £1.6m migrant passport money laundering scheme.
Dailymail · 1m
Russian FinTech Moves $6.9 Billion Through Global Banks
A7, a Kremlin-backed Russian FinTech, laundered over $6.9 billion using forged invoices and global bank networks despite sanctions.
Pymnts · 1m
Houston oil trader sentenced for $500M bribery scheme
A Vitol trader paid over $1 million in bribes to officials in Mexico and Ecuador to secure massive energy contracts.
Dallas Express · 2m
Federal fraud crackdown targets LA homeless aid theft
Three nonprofit leaders charged with diverting millions in taxpayer funds meant for homeless services to personal luxuries.
Fox News · 1m
Sacred temple sweets tainted with palm oil
India's enforcement agency arrests ghee supplier for adulterating Tirupati Laddu with chemicals and palm oil worth 230 crore rupees.
The Economic Times · 1m
Upper Marlboro man sentenced for $20M money laundering
A Maryland man received 8 years in prison for managing a scheme that stole from schools, hospitals, and government agencies.
The Banner · 1m · 5 views
Fake daycares allegedly stole $10M in California subsidies
Twelve people arrested in San Diego for allegedly running bogus childcare facilities to collect government payments.
California Post · 1m
Singapore auctions luxury homes from money laundering case
26 properties linked to convicted money launderers go under the hammer, with guide prices up to S$25 million.
Malay Mail · 1m
