New Zealand: Police Target Alleged Comanchero Money Laundering Operation
25th June 2020
New Zealand: Police Target Alleged Comanchero Money Laundering Operation
The National Organised Crime Group have disrupted a criminal syndicate allegedly involved in providing money laundering services for the Comanchero motorcycle gang. Today, three men have been arrested at properties across the Auckland region with over $650,000 worth of assets being restrained by Police as part of Operation Rider. These… Read More
Venezuela’s Dark Laundering Loop: Saab Nabbed, Bagley Pleads Guilty, Maduro Sweats
24th June 2020
Venezuela’s Dark Laundering Loop: Saab Nabbed, Bagley Pleads Guilty, Maduro Sweats
Ten days ago, Colombian businessman Alex Saab was arrested in Cape Verde, an island republic off Africa’s west coast, as he was refueling his private jet. Saab is wanted in the U.S. on money-laundering charges involving hundreds of millions of dollars – but his detention in Cape Verde and his… Read More
Ex-banker hid private money deals from employers, approved loans despite conflict of interest, prosecutors say
23rd June 2020
Ex-banker hid private money deals from employers, approved loans despite conflict of interest, prosecutors say
A former loan officer with Rocky Mountain Bank failed to disclose millions of dollars in private financial dealings he had with a bank customer when signing off on bank loans to that person, prosecutors told a jury on Monday. Assistant U.S. Attorney Colin Rubich said Stephen Phillip Casher approved a… Read More
Zimbabwe anti-corruption body starts audit of the rich
23rd June 2020
Zimbabwe anti-corruption body starts audit of the rich
Zimbabwean authorities say people who cannot explain where their wealth came from are in danger of having their assets seized even if courts clear them of a corruption allegation. The new operation was “an intensive lifestyle audit” of the rich, said the chairman of Zimbabwe’s anti-corruption commission Justice Loyce Matanda-Moyo. Read More
Latest ABLV investigation involves nearly 400,000 euros
23rd June 2020
Latest ABLV investigation involves nearly 400,000 euros
A total of 374,882,245 euros, including cash, financial instruments and real estate have been arrested in the criminal procedures into ABLV Bank investigated by the Economic Crime Control Department (ENAP) of the State Police, the LETA newswire reported June 19, citing police as the source. The police noted that on… Read More
Cyprus shipping takes risk-based approach to sanction guidelines
22nd June 2020
Cyprus shipping takes risk-based approach to sanction guidelines
The US Office of Foreign Assets Control (OFAC) on June 5 issued guidance on sector-based sanctions regarding doing business with Iran contained in Iran-Related Executive Order (EO) 13902, which was issued in January 2020. This publication by the Treasury Department agency complements the extensive guidance issued on May 14… Read More
Glass and nails spread on Rome beach ‘as mafia gangs seek control’
22nd June 2020
Glass and nails spread on Rome beach ‘as mafia gangs seek control’
One of Rome’s free beaches was attacked by vandals in the run-up to a busy weekend in what the authorities believe is an attempt by organised crime groups to re-establish their control over a lucrative seaside resort. Council workers found the Amanusa beach had been littered with rusty nails and… Read More
In Daphne murder investigation, money trail leads to Montenegro venture
22nd June 2020
In Daphne murder investigation, money trail leads to Montenegro venture
In the months before her murder in 2017, Maltese journalist Daphne Caruana Galizia was on the trail of an offshore company called 17 Black Limited. She didn’t know who owned the firm, which was registered in the United Arab Emirates. But she was certain it was set up to channel… Read More
Ireland: Kinahan cartel associate charged with money laundering
22nd June 2020
Ireland: Kinahan cartel associate charged with money laundering
A senior associate of the Kinahan cartel has been charged with 30 money laundering offences relating to bank accounts he held in his own name over a five-year period. Jonathan Harding (48), who is currently serving a lengthy jail term over a major weapons seizure linked to the crime gang,… Read More
Mexico Freezes Bank Accounts of Entities Sanctioned by U.S.
22nd June 2020
Mexico Freezes Bank Accounts of Entities Sanctioned by U.S.
The Mexican government’s financial crime department has frozen the bank accounts of companies and people blacklisted by the United States under accusations of having evaded the sanction regime imposed on Venezuela, its chief said on Friday. Santiago Nieto, chief of Mexico’s Financial Intelligence Unit, did not elaborate on details, but… Read More
Popular

Swiss bankers and millions in gold tied to Hugo Chávez’s former nurse

New York Is Investigating Trump and His Company Over Bank Fraud, Filing Suggests

Warning over Monzo financial crime review

$340m in London law firm’s account suspected of 1MDB connection

The U.S. is a haven for money laundering. That might be about to change.

Must Read

Europol: global sport under ‘greater risk’ of match fixing

UN experts: North Korea flouts sanctions on nukes, missiles

Trump’s Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry

Ex-Genneva directors, five others jailed, fined for money laundering, illegal deposit taking

Interpol reveals ‘alarming rate’ of cyberattacks during Covid-19