Criminal Outcomes

Reset Filter

Jurisdictions

Industry Sectors

Predicate Crimes

Enforcement

Regulatory Update

Featured Criminal Outcomes

Former Vatican Banker Convicted of Money Laundering and Embezzlement

A Vatican court on Thursday convicted a former senior official at the Vatican bank and his lawyer of embezzlement and money laundering, sending a strong signal that the church was determined to get its financial house in order. The defendants — Angelo Caloia, the president of the Vatican bank for… Read More

Freeze on Ben Ali Swiss funds expires, as Tunisia drags its feet

A ten-year freeze on former Tunisian President Zine El Abidine Ben Ali’s assets in Switzerland has expired, but Bern says the funds will not be released immediately. The freeze by Switzerland’s federal government expired at midnight on Monday, because of a ten-year maximum legal limit. But, according to a foreign ministry press release, most… Read More

Indonesian Company Breaches US Sanctions on North Korea, Pays $2.6 Million

By Sadie Brown, OCCRP, 19 January 2021 OCCRP — An Indonesia-based global cigarette paper supplier agreed to pay nearly US$2.6 million in fines for conspiracy to commit bank fraud and violating U.S. sanctions on North Korea, according to official statements. PT Bukit Muria Jaya (BMJ) admitted to… Read More

20th January 2021

US stop pursuit of Dublin bitcoin hacker Conor Freeman

The United States is no longer seeking the surrender of a Dublin computer hacker for the theft of over $2 million in bitcoin and other cryptocurrencies after his conviction here, the High Court was told. Conor Freeman is no longer facing a maximum possible sentence of… Read More

19th January 2021

The Mexican drug cartel investigation that wasn’t an investigation at all

By Robert Mazur What took the Drug Enforcement Administration’s Special Operations Division years to build was destroyed with a wink and a nod from Mexican prosecutors and politicians. They conducted an “intense review” of the evidence U.S. prosecutors had gathered that strongly implicated Gen. Salvador Cienfuegos Zepeda, Mexico’s minister of… Read More

18th January 2021

US Real Estate Firms Forfeit $50m in Alleged Drug Money

By David Klein, OCCRP, 15 January 2021 OCCRP – Three US real estate companies have agreed to turn over more than US$50 million to the federal government to resolve claims they accepted the proceeds of drug trafficking laundered through an underground exchange market. “The Black Market… Read More

18th January 2021

Former Petrofac executive David Lufkin admits to corrupt payments

The bribery scandal at Petrofac deepened last night when a former senior executive at the oil services group pleaded guilty to three offences related to $3.3 billion of work that it secured in the United Arab Emirates. The Serious Fraud Office said that David Lufkin had pleaded guilty at… Read More

18th January 2021

US sanctions six pro-China officials over Hong Kong arrests

The United States on Friday imposed sanctions on six officials including Hong Kong’s sole representative to China’s top lawmaking body over mass arrests of pro-democracy activists in the financial hub. Secretary of State Mike Pompeo, in the latest in a slew of sanctions imposed in the final days of his… Read More

18th January 2021

Trump sanctions Cuba’s interior minister and security agency, ramping up pressure on island

The Trump administration sanctioned Cuba’s interior minister and the agency overseeing the island’s state security apparatus Friday in a final push to punish the island’s government before leaving office. The U.S. Treasury Department accused Brigadier General Lázaro Alberto Álvarez Casas of “serious human rights abuses” in making the designation. Also… Read More

15th January 2021

MFSA man Pilatus wants summoned to US court, resigns ‘competent person’ role

The Maltese financial regulator has replaced the person appointed to run Pilatus Bank, after the bank’s shareholders filed American judicial proceedings against Lawrence Connell. Connell was appointed in March 2018 to take over Pilatus as its ‘competent person’ after the arrest of Pilatus owner Ali Sadr Hasheminejad in Washington D.C. Read More

14th January 2021

US Sentences Bulgarian Owner of BitCoin-Laundering Hub

By Jullet Pineda Sleinan, OCCRP, 13 January 2021 OCCRP — A court in the United States has sentenced a Bulgarian national for his role in a multi-million dollar cyber-fraud and money laundering racket, according to a statement from the Department of Justice. OCCRP previously reported… Read More

14th January 2021

Fake exotic dancer companies forfeit £5m in laundered cash

Police have recovered more than £5m from three fake companies that offered live-streamed exotic dancers as a guise to launder cash. The Manchester-based firms laundered more than $60m (£44m) over 12 months through fake pay-per-view adult entertainment websites. A judge agreed they should forfeit £5.8m, which is the largest amount… Read More

13th January 2021

Turkey Sex Cult Chief Sentenced to More Than 1,000 Years in Jail

A Turkish Islamic televangelist was sentenced to 1,075 years in jail on Monday for running a decades-old cult whose members were accused of crimes ranging from sexual assault to blackmail, money laundering and even espionage. Adnan Oktar, who wrote books on Islamic creationism under the pseudonym Harun Yahya, was put… Read More

Must Read

Former Vatican Banker Convicted of Money Laundering and Embezzlement

Swiss financial watchdog punishes Julius Baer for money laundering failures

EU Parliament Set To Demand Halt To Nord Stream 2 Over Navalny Arrest

ABN Amro money laundering probe close to settlement

Leaked Affidavit Implicates Namibian President in Fishrot Scandal