17th September 2019

NY finds $1B in hidden transfers by family behind OxyContin

AP — The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks and advisers to Purdue and its owners,… Read More

16th September 2019

Accountants are ‘turning a blind eye to dirty money’

Accountants are turning a blind eye to organised crime gangs making millions from fraud, the police chief who is heading Britain’s fight against economic crime has said. Karen Baxter, police national lead on economic crime, said some accountants and lawyers were “complicit” or “complacent” in the laundering of “dirty”… Read More

16th September 2019

U.S. imposes sanctions on North Korean hacking groups blamed for global attacks

The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the “WannaCry” ransomware attacks and hacking of international banks and customer accounts. It named the groups as Lazarus Group, Bluenoroff, and Andariel and said they were controlled by the RGB, North Korea’s… Read More

16th September 2019

After Backpage, U.S. Investigates Massage, Escort Websites That Now Dominate Market

A year after U.S. authorities closed Backpage.com, the biggest player in the online sex-for-sale industry, investigators are focused on three websites now dominant in the American market and the Swiss businessman who they believe may control them. U.S. authorities, including the Department of Homeland Security and the Justice Department, are… Read More

13th September 2019

Jeffrey Epstein Used Opaque Charity Account at Deutsche Bank for Own Benefit

When Jeffrey Epstein created his Gratitude America Ltd. foundation in 2012, the nonprofit’s purpose was to “support the expression of gratitude for the ideals of America,” according to incorporation records filed in the U.S. Virgin Islands. Instead, the money that flowed through the nonprofit followed an opaque path that appears… Read More

12th September 2019

Follow the money to fight human trafficking, top Interpol director says

Countries and companies need to share financial data if they hope to stop human trafficking, connecting governments and companies that often do not work together to fight crime, a top Interpol director said on Wednesday. Encouraging the private sector to share information, governments can help international authorities get access to… Read More

6th September 2019

Paraguay Currency Exchanges Launder Vast Amounts of Brazil Drug Money

Brazilian criminal gangs were able to use official currency exchanges in Paraguay to launder over $1.5 billion in drug money, showing how the country continues to be a paradise for organized crime groups seeking to hide their profits. An investigation in early August by Brazilian police in the city of Foz… Read More

6th September 2019

Ukraine central bank sounds alarm over threats to officials after car blaze

Ukraine’s central bank said the torching of a vehicle owned by the family of its former governor, Valeria Gontareva, was evidence of “psychological and physical pressure” being exerted on her, days after Gontareva herself was hit by a car in London. In a statement on Thursday, the National Bank of… Read More

30th August 2019

Report: Guatemala ‘’Captured’’ by Corruption

Guatemala is ’’captured’’ by corruption, says a report the UN Commission compiled after a 12 years-long presence in the country that ends soon since President Jimmy Morales has refused to extend its mandate. The International Commission against Impunity in Guatemala (CICIG) published a report on Wednesday, claiming there was… Read More

29th August 2019

Prosecutor Files Charges Over Piraeus Bank Loans in 2015-2016

Greece’s chief anticorruption prosecutor issued mony laundering charges for nearly 40 individuals related to the Bank of Piraeus, on Wednesday. Prosecutor Eleni Touloupaki initiated proceedings against 38 former and current officials and other individuals on charges of money laundering, misappropriation of funds, and aiding and abetting a crime. The charges… Read More