16th September 2020
A sleek blue-and-white yacht worth $1 million has been moved from a dock on the Miami River to a marina in Aventura, but a legal dispute over the actual owner of the Italian-made vessel is still up in the air. A Miami federal judge weighed in on the fate of… Read More
15th September 2020
The Federal Investigation Agency (FIA) has reportedly prepared a list of at least 20 reconditioned car importers who, it claims, have been involved in the Hawala and Hundi transfers of about Rs40 billion. “None of the car dealers (importing reconditioned cars) maintained any legal payment ledger for the transactions,” said… Read More
15th September 2020
The United States has accused two Chinese shell companies of helping China’s technology giant ZTE sell banned telecommunications equipment to North Korea. According to a criminal complaint unsealed on Friday, Ryer International Trading and Rensy International Trading served as go-betweens for ZTE, which sold the equipment – allegedly made… Read More
15th September 2020
After years of investigation, mountains of evidence and hundreds of suspects, Italy’s plucky anti-mafia prosecutor Nicola Gratteri is gearing up for a “historic” court battle against the country’s powerful ‘Ndrangheta clan. The first salvos in a court battle were fired Friday as a preliminary hearing against ‘Ndrangheta members opened in… Read More
15th September 2020
When the Twitter account of its own chief executive, Jack Dorsey, was taken over by hackers last year, a stream of tweets with racial slurs, profanity and praise for Adolf Hitler were posted for 30 minutes. Weeks later, the food writer and campaigner Jack Monroe lost £5,000 from… Read More
15th September 2020
Steward Healthcare is facing a $5 million claim in a London court from an American investor who loaned Vitals Global Healthcare millions in their initial bid to obtain the controversial hospitals privatisation in Malta. A London court will allow Steward to defend its case against the claim made by medical… Read More
14th September 2020
Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up strict regulation for asset-backed cryptocurrencies such as stablecoins to protect consumers and preserve state sovereignty in monetary policy. The finance ministers of the five European Union member states said in a joint statement on Friday… Read More
14th September 2020
The Philippines’ anti-money laundering authority has identified 57 “persons of interest,” including foreigners and local bank officers and government officials, whose links to Wirecard AG are being scrutinized. Authorities are analyzing the transactions of these people who are “not necessarily the accused or respondents in a criminal case,” Mel… Read More
14th September 2020
Switzerland has agreed in principle with Uzbekistan on the terms under which assets confiscated as part of a money laundering investigation against Gulnara Karimova, the eldest daughter of the late Uzbek president, will be returned to the central Asian nation. The agreement signed by the two countries will see assets… Read More
14th September 2020
Gardai believe the Kinahan crime cartel no longer controls the drugs trade in Ireland and has now been replaced with a gang led by Brian Grendon, a convicted heroin dealer from west Dublin, whose organisation is generating up to €5m a week. Grendon is presently the focus of Operation Compact,… Read More