19th October 2020
A 79-year-old Texan billionaire has been accused of using a web of entities in Bermuda and Nevis to hide US$2 billion in assets in what prosecutors say is the largest tax evasion case against an American in US history. Robert Brockman was charged with tax evasion, money laundering and other… Read More
19th October 2020
Some bank compliance officers would like to know who leaked the more than 2,000 highly confidential bank filings, known as suspicious activity reports, that led to a flurry of so-called “FinCEN Files” news articles. Those compliance officers also would like to see the person responsible criminally prosecuted, they said during… Read More
19th October 2020
Polish prosecutors said on Saturday they had brought fraud charges against a prominent lawyer and former deputy prime minister who is a vocal critic of the government, and prohibited him from leaving Poland or practising law. Prosecutors also denied mistreating Roman Giertych, who fainted during his detention on Thursday and… Read More
19th October 2020
For years, the United States called on a cadre of senior Mexican officials as its partners in the drug war. But some of the men working most closely with Washington allegedly had a side hustle of helping to traffic drugs. In the past 10 months, two members of Mexico’s elite… Read More
16th October 2020
Twenty people have been arrested as part of an investigation into QQAAZZ, a group that police said had laundered millions on behalf of the world’s most prolific cyber criminals. The arrests, part of a multinational investigation that included police in 15 countries, target a notorious gang of so-called money mules… Read More
16th October 2020
Three years after NAB began upgrading its anti-money laundering and counterterrorism-financing program it was still unable to follow its own policies regarding the sex industry, closing accounts of sex workers it promised to support while opening new accounts for businesses it promised not to service. NAB decided it would no… Read More
16th October 2020
A former Mexican defense minister was arrested on Thursday night after arriving at Los Angeles International Airport with his family, according to the Mexican government, becoming the first high-ranking military official to be taken into custody in the United States in connection with drug-related corruption in his country. The former… Read More
16th October 2020
Wells Fargo & Co. fired more than 100 employees suspected of improperly collecting coronavirus relief funds, according to a person with knowledge of the situation. The firm determined that the staffers defrauded the Small Business Administration “by making false representations in applying for coronavirus relief funds for themselves,” according… Read More
16th October 2020
By Ana Poenariu (RISE Project) and Mohammad Bassiki (SIRAJ), OCCRP, 15 October 2020 OCCRP — The Art Deco-style mansion at 47 Paris Street in Bucharest was never going to be cheap. It measures over a thousand square meters, sits in a prime neighborhood favored by diplomats, and was built by… Read More
16th October 2020
Angolan prosecutors have seized assets belonging to two of former President Jose Eduardo dos Santos’s closest aides, the latest step in a crackdown on corruption in the southern African country. Assets including a brewery and a vehicle assembly plant held by general Manuel Helder Vieira Dias, known as Kopelipa, and… Read More