Featured Assets

COVID-19 vaccine could become liquid gold for criminals

As the world is eagerly awaiting a vaccine to stop the spread of the coronavirus, some international agencies warn of its possible weaponization and misuse and predict that criminal networks will target storage facilities and distribution networks as soon as vaccines move closer to delivery. The COVID-19 pandemic has… Read More

The Sentry: African conflict gold is being laundered in Dubai

By David Klein, OCCRP, 13 November 2020 OCCRP – The years-long rise in international gold prices has driven a new artisanal gold mining and refining rush in conflict-affected areas in East and Central Africa and has turned the United Arab Emirates into the foremost launderer of such gold, according… Read More

Four were ‘supporting cast’ in £26m raids at homes of Tamara Ecclestone and Frank Lampard

A mother and her son formed part of a burglary gang that stole jewellery and money from the homes of Tamara Ecclestone, the Chelsea football manager Frank Lampard and the late owner of Leicester City FC, a court was told. The burglary at Ms Ecclestone’s London home was described as… Read More
13th November 2020
Among the foreign-policy challenges facing President-elect Joe Biden will be the question of what to do with an array of punitive economic sanctions that have been President Trump’s primary tool for confronting U.S. rivals. Mr. Trump in nearly four years has issued 3,577 sanctions designations, imposing such penalties at a… Read More
13th November 2020
Zuo Hui is on a mission to bring transparency to China’s murky property market, where buyers must navigate fake listings and sometimes fraud. To pull this off, his KE Holdings Inc. uses a national chain of physical real estate offices that has been around for almost two decades,… Read More
12th November 2020
Pakistan’s Opposition leader and PML-N President Shahbaz Sharif and his son Hamza were indicted in a money laundering case by an accountability court here on Wednesday. The country’s anti-graft body, National Accountability Bureau (NAB), framed the charges against Shahbaz, who is the younger brother of deposed prime minister Nawaz Sharif,… Read More
11th November 2020
On a cool Saturday evening in March, Jan Marsalek headed across Munich for dinner at the home of a friend. It was a welcome respite for the chief operating officer of German payment processor Wirecard AG, as the previous few weeks had been particularly exacting. Allegations of accounting fraud… Read More
11th November 2020
Mozambique filed provisional embezzlement, money laundering and abuse of office charges on Monday against former finance minister Manuel Chang over $2 billion in state-guaranteed debt borrowed during his term in office. Chang has been in custody in South Africa since Dec. 2018, where he is being sought both by Mozambique… Read More
11th November 2020
The U.S. has imposed sanctions on four more officials accused of undermining Hong Kong’s autonomy, showing the Trump administration is ready to keep hitting out at China even after Joe Biden won last week’s presidential election. The announcement on Monday sanctioned three officials in Hong Kong who are key to… Read More
11th November 2020
Ukrainian citizen Volodymyr Kvashuk, 26, was sentenced in the U.S. District Court in Seattle for 18 federal felonies related to his scheme to defraud Microsoft of more than $10 million. This marks the first case of its kind in the U.S., according to a press release by the Department… Read More
10th November 2020
Hong Kong’s Securities and Futures Commission has privately told financial institutions that they can comply with U.S. sanctions without facing automatic reprisals under the jurisdiction’s new national security law, the Financial Times reported. The counsel comes in response to legal concerns that a clause in the security law would… Read More
10th November 2020
The ink was hardly dry on a written pledge to stamp out “unfettered cronyism” at regional rail operator V/Line when then-chief executive James Pinder secretly offered a job with a salary exceeding $200,000 to a mate. “For you brother, everything is possible,” Pinder wrote to Metro’s operational fleet manager Peter… Read More
10th November 2020
By Héctor Silva Ávalos, InSight Crime, 8 November 2020 InSightCrime – Tegucigalpa mayor Nasry “Tito” Asfura — who has announced he will run for president in Honduras’ 2021 elections — has been named in a government investigation into the embezzlement of more than a million dollars in city funds,… Read More