29th April 2019
An uptick in white-collar prosecutions by the Trump administration could bring relief to high-end defense lawyers, who have been searching for work after years of declining federal prosecutions. Many white-collar lawyers have been fretting about their caseloads since the Trump administration took charge of the U.S. Department of Justice, worrying… Read More
26th April 2019
US Justice Department investigators are recommending that Goldman Sachs plead guilty to criminal violations as part of a settlement over its purported role in facilitating a massive corruption scandal at Malaysia’s 1MDB, the Financial Times reported Wednesday. Career prosecutors within the department have submitted the recommendation to senior officials who will… Read More
25th April 2019
Romania’s lower house of parliament approved changes to the criminal codes on Wednesday that could shut down several ongoing high-level graft cases, but opposition politicians plan to challenge the bills at the Constitutional Court. The bills are the latest in a series of legal and personnel changes made by the… Read More
24th April 2019
Brazil’s jailed former leftist president, Luiz Inacio Lula da Silva, could gain partial freedom within five months following a court decision on Tuesday to reduce his sentence in one of two corruption convictions. The popular politician began serving a 12-year prison sentence a year ago on a corruption and money-laundering… Read More
22nd April 2019
Ukraine’s top prosecutor has formally summoned several allies of the nation’s outgoing President Petro Poroshenko over allegations of embezzlement and money laundering, the Kyiv Post reported Monday. The five suspects include Valeria Gontareva, the former head of the National Bank of Ukraine, and Kostyantyn Stesenko, an executive with the investment bank… Read More
22nd April 2019
Five Algerian billionaires, some of them close to former president Abdelaziz Bouteflika who quit over mass protests, have been arrested as part of an anti-graft investigation, state TV said on Monday. The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation who is especially active… Read More
21st April 2019
Sudan’s public prosecutor has begun investigating ousted President Omar al-Bashir on charges of money laundering and possession of large sums of foreign currency without legal grounds, a judicial source said on Saturday. The source said that military intelligence had searched Bashir’s home and found suitcases loaded with more than $351,000… Read More
17th April 2019
Mexican President Andres Manuel Lopez Obrador said on Monday he will create a “Robin Hood” institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters. His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put… Read More
15th April 2019
AP — Prosecutors in Peru are asking a judge to keep former President Pedro Pablo Kuczynski behind bars as he is investigated for suspected money laundering related to Latin America’s biggest graft scandal. Deputy prosecutor Hernan Mendoza made the request Monday morning, saying the former Wall Street banker should… Read More
12th April 2019
AP — Attorney Michael Avenatti has been charged in a 36-count federal indictment alleging he stole millions of dollars from clients, did not pay his taxes, committed bank fraud and lied in bankruptcy proceedings. Avenatti, 48, was indicted late Wednesday by a Southern California grand jury on a raft of… Read More