16th July 2020
President Donald Trump said Tuesday that he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy. Trump also said that he signed an executive order ending the preferential treatment that Hong Kong has long enjoyed. “Hong Kong will now be treated the… Read More
16th July 2020
The corporate watchdog’s chief enforcer has promised to expedite its investigation into Westpac’s handling of money laundering breaches as a similar investigation into Commonwealth Bank drags on three years after the scandal was first made public. The Australian Securities and Investments Commission also revealed it was preparing for a wave… Read More
16th July 2020
A long-awaited advisory from the US’ Office of Foreign Assets Control (OFAC) has changed the rules of the game for maritime trade. The sanctions regulator – which sits within the Department of the Treasury and has the power to hand out multi-billion dollar fines to entities anywhere in the world… Read More
16th July 2020
The authorities seized hundreds of kilograms of gold, worth millions of euros, during an investigation into a Limburg recycling company suspected of money laundering. Various other items were also found at the company, including a container filled with mortar grenades and old ammunition, the Public Prosecution Service (OM) said in… Read More
15th July 2020
By Will Neal, OCCRP, 13 July 2020 OCCRP – The recent record-breaking shipment of amphetamines seized by Italian authorities may not have been manufactured by terrorist group ISIS, as was first believed, but by the Syrian regime itself. On July 1, OCCRP reported that police in the Italian… Read More
15th July 2020
Jeffrey Epstein, the sex criminal and financier, didn’t act alone. Now we know in vivid detail who some of his financial enablers were: executives and bankers at Deutsche Bank. Last week the New York Department of Financial Services laid bare at least some of the financial underpinnings of… Read More
14th July 2020
The German government has officially proposed that the European Union impose sanctions on Russian individuals responsible for a large-scale hacking of the Bundestag five years ago, the German Press Agency reported Sunday. If agreed, the plan, which was recommended by Berlin last month, would be the first use of an… Read More
14th July 2020
Ten Kuwaiti social media influencers are on the radars of the Kuwaiti state security agency after their bank accounts showed massively inflated balance, Kuwaiti media reported. “Kuwait’s Public Prosecution has received ten complaints against five influencers after their bank accounts dramatically inflated and summons warrants will be issued once state… Read More
14th July 2020
Britain has at least 100,000 slave workers – 10 times the official figure – according to a new report. William Hague, the former UK foreign secretary, has called for a renewed drive to tackle the “terrible crime” of holding another human being enslaved after the report found a rise in… Read More
14th July 2020
Ukraine’s SBU Security Service has halted the work of an international Internet network on money laundering through cryptocurrency instruments, the SBU’s press center has reported. “According to the special service, a group of IDPs from the temporarily occupied territories created a number of online sites between 2017 and 2020. They… Read More