Featured Criminal Investigations

Greed drove former SNC-Lavalin exec’s alleged fraud, corruption scheme: Crown

Summing up six weeks of testimony at the trial of a former SNC-Lavalin executive accused of fraud and corruption, a prosecutor told jurors Monday that greed lies at the root of the accusations. Sami Bebawi’s fate will soon be in the hands of the jury after federal prosecutors made their… Read More

Vatican investments linked to global money laundering investigations

A fund in which the Vatican’s Secretariat of State has invested tens of millions of euros has links to two Swiss banks investigated or implicated in bribery and money laundering scandals involving more than one billion dollars. The fund is under investigation by Vatican authorities. The fund, Centurion Global Fund,… Read More

U.S. Is Discussing Goldman 1MDB Settlement Below $2 Billion

Goldman Sachs Group Inc. could end up paying less than $2 billion to resolve U.S. criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, said three people familiar with the negotiations. The Justice Department and other federal agencies, in internal discussions… Read More
9th December 2019
The governor of Kenya’s capital city has made no secret of his love for bling: He has posted photos of a golden lion statue and a gilded  dining room set, and has shown up at meetings draped in  gold jewelry. At rallies, he hands out cash to… Read More
9th December 2019
Former long serving Federation Prime Minister Dr. Denzil Douglas is under investigation by Britain’s National Crime Agency  after he recently tried to leave the UK with  UK£70,000 ($92,000 US) in cash, according to the Mail on Sunday newspaper. While he was released to travel to Dubai, his money has remained… Read More
6th December 2019
Dutch bank ING Groep NV’s (INGA.AS) Italian business has reached a provisional deal with Milan prosecutors to settle a money-laundering investigation by paying 30 million euros ($33 million), two sources familiar with the matter said. The proposed settlement, known as an “agreed penalty”, has yet to be confirmed… Read More
6th December 2019
Credit Suisse Group AG has acted to block Geneva prosecutors from using details of a critical report by the country’s financial regulator into the bank’s failure to prevent fraud at its wealth management unit. The bank asked Geneva prosecutor Yves Bertossa to seal the report, which he is legally… Read More
6th December 2019
The Trump administration Thursday placed a $5 million bounty on the leader of a Russian hacker group called Evil Corp for his alleged work for Moscow’s intelligence agency, part of what U.S. officials say is a broader reprisal for a Kremlin-directed cyber offensive against the U.S. The State Department’s action against Maksim Yakubets… Read More
6th December 2019
Glencore Plc is being investigated for bribery by U.K. authorities, deepening the legal troubles that threaten the world’s biggest commodities trader. The shares fell as much as 8.6% to a three-year low. The move by the Serious Fraud Office adds to ongoing corruption probes that Glencore is facing in the… Read More
6th December 2019
A member of the Kyrgyzstan Parliament is proposing further government investigation following reports by OCCRP and its media partners that the country has harbored money laundering that is worth hundreds of millions of dollars and has cost the lives of currency couriers crossing its borders. Maksat Sabirov on Thursday… Read More
6th December 2019
Israel’s state prosecutor has plans to indict prime minister Benjamin Netanyahu’s cousin and personal lawyer, alongside six other people, on charges related to a possible conflict of interest over a $2bn purchase of German submarines. Shai Nitzan said in a statement on Thursday the seven would be charged on various corruption offences,… Read More
5th December 2019
Take the arrest of an Iranian-born Turkish citizen during a jaunt to Disney World. Factor in the irrepressible Rudy Giuliani, who briefly served as the arrested man’s lawyer. Add a dash of Turkey’s authoritarian leader, Recep Erdogan, a favorite of President Donald Trump. Mix in a massive leak of more… Read More
5th December 2019
More than 200 people have been arrested in 31 countries following a three-month global investigation into money laundering, Europol said Wednesday. The investigation, known as the European Money Mule Action, targeted those who help money launderers transfer funds. The action resulted in 228 arrests, as well as identifying 3,833 mules… Read More