8th August 2019
Brazilian police on Tuesday carried out a major operation against the First Capital Command (PCC) gang, in the latest attempt to try to hobble the country’s most powerful and sophisticated organized crime group. Brazil’s federal police said in a statement it had executed 30 arrest warrants, with 180 officers taking… Read More
7th August 2019
Poachers beware: Standard Chartered Plc is coming for you and is urging other banks to do the same. The lender is training bank-branch tellers to spot transactions that could be linked to the illegal wildlife trade and has made them a focus for its financial-crime investigators, said Kweku Bedu-Addo,… Read More
7th August 2019
The FBI has put out a warning on “confidence/romance frauds” across online dating sites. Cybercriminals are tricking people into laundering and sending money, purchasing items and providing personal and financial information, the FBI said Monday, by posing as a… Read More
6th August 2019
Drug traffickers have used two private companies which were set up by Crown Resorts with Crown executives as directors to bank suspected proceeds of crime, federal investigations have alleged. Investigators traced money from a number of suspected or convicted drug traffickers and money launderers flowing into the bank accounts of… Read More
6th August 2019
An investigative journalist in Tanzania has been charged with money laundering, tax evasion and assisting a criminal racket, according to a court document seen by Reuters, charges his lawyer and rights groups said were politically motivated. Rights groups say press freedom in Tanzania has drastically deteriorated since the election in… Read More
5th August 2019
The U.S. imposed a second round of sanctions on Russia for using a banned nerve agent in an attempt to kill a former Russian spy in the U.K. in 2018. The measures will prohibit U.S. banks from participating in the issuance of Russian sovereign debt, the State Department and Treasury… Read More
5th August 2019
Honduran President Juan Orlando Hernandez on Saturday denied reports from a U.S. court filing linking him to drug trafficking, accusing criminals of seeking revenge against him. “The drug traffickers are looking for revenge against the only president who’s done what he’s needed to do,” he told a news conference, detailing… Read More
2nd August 2019
The Enforcement Directorate on Thursday registered a case against senior Samajwadi Party leader Azam Khan on allegations of money laundering. The case has been registered against him in connection with multiple alleged land-grab cases that have been registered against him in Uttar Pradesh. As per officials, the ED has… Read More
1st August 2019
Chinese aluminium billionaire Liu Zhongtian has been indicted in the US on allegations that he evaded US$1.8 billion in American tariffs, using a complex scheme that supposedly smuggled vast quantities of the metal into the US using a series of firms that he secretly controlled. Liu, China Zhongwang Holdings and… Read More
1st August 2019
The Tasmanian independent Jacqui Lambie says she will consider telling the Morrison government “where to stick their bills” if the Coalition continues to pursue a suboptimal federal integrity commission. Lambie made the threat during a show of unity by parliamentary crossbenchers on Wednesday about the necessity… Read More