15th October 2020
Police seized a Lamborghini worth nearly half a million dollars during a raid on an alleged money laundering service in Auckland. The Lamborghini Huracan, worth $450,000, was seized alongside a Mercedes G Wagon worth $280,000 and five other luxury cars. A Rayglass boat and high-end motorcycles were also seized. During… Read More
14th October 2020
Despite a high profile crackdown the Chinese government continues to support the sale of pangolin parts for use in traditional medicine, according to a new report. The Environmental Investigation Agency (EIA) found that 221 companies remain licensed to sell pangolin scale products, including global pharmaceutical company China Beijing Tong… Read More
14th October 2020
The billionaire financier Leon Black, one of Wall Street’s most powerful executives, was facing questions from clients after Jeffrey Epstein was arrested last year on federal sex trafficking charges. The two men had known each other for decades, and investors of Mr. Black’s investment company, Apollo Global Management, wanted… Read More
14th October 2020
A developer owned by a controversial Chinese casino mogul the U.S. has designated a transnational crime boss is building a new port on the Mekong River in Laos near the Golden Triangle Special Economic Zone, the latest Chinese-backed infrastructure project in the country, sources in Laos told RFA. Featured prominently… Read More
14th October 2020
Free-trade zones (FTZs) are designed to attract trade by suspending the collection of customs duties. These incentives are frequently coupled with advantages such as simplified customs inspection procedures, liberalised incorporation regimes and physical infrastructure superior to that available elsewhere in the same country. These features can be attractive to legitimate… Read More
13th October 2020
The European Union agreed Monday to impose targeted sanctions against Russian officials and entities allegedly involved in the poisoning of Russian opposition leader Alexei Navalny but officials insisted the move should not undercut Europe’s continued high-level contacts with President Vladimir Putin. Foreign ministers meeting in Luxembourg backed a Franco-German… Read More
13th October 2020
By Ignacio Rodríguez Reyna, Zorayda Gallegos and Silber Meza, Quinto Elemento Lab and CONNECTAS via OCCRP, 9 October 2020 Insight Crime – As drug traffickers’ bank of choice for many years, HSBC allowed its services to be used as a conduit for money laundering. The US and Mexican governments… Read More
13th October 2020
OCCRP – A group of Kyrgyz parliamentarians elected a former lawmaker as the country’s new prime minister on Saturday, days after his supporters freed him from prison during anti-government protests that erupted after last Sunday’s elections. Sadyr Zhaparov was elected at an emergency session, but his appointment… Read More
9th October 2020
Powerful European lawmakers are calling for significant reform to anti–money laundering controls across the continent in reaction to the “scandal” of the FinCEN Files, a global investigation from BuzzFeed News and the International Consortium of Investigative Journalists. The investigation revealed how the giants of Western banking move trillions… Read More
8th October 2020
Under lengthy questioning James Packer has admitted he has “long been on clear notice of the links” between organisers of gambling junkets at Crown Resorts’ casinos and organised crime, but that he personally did nothing to set risk guidelines for the high-roller operation while executive chairman of the company. Read More