19th July 2019
Canadian police on Thursday said they had arrested nine suspected members of a powerful Mafia clan with roots in southern Italy involved in money laundering and illegal gambling in the Toronto area, seizing C$35 million ($26.8 million) in assets, including five Ferraris. Over three days, police raided 48 cafes, businesses… Read More
18th July 2019
Joaquin “El Chapo” Guzman, the Mexican drug lord found guilty of running a murderous criminal enterprise that smuggled tons of drugs into the United States, was sentenced by a U.S. judge on Wednesday to spend the rest of his life in prison. Guzman berated the U.S. justice system, and a… Read More
17th July 2019
Three former employees of Sarclad, a British technology business that supplies the metals industry, were acquitted of bribery charges on Tuesday, although the company had accepted it failed to prevent corrupt payments over an eight-year period. A London jury cleared former managing director Michael Sorby, 75, ex-sales head Adrian Leek,… Read More
16th July 2019
The Russian Ministry of Interior announced on Friday that 10 people will stand trial for allegedly conducting 4 billion rubles (US$64 million) of illegal banking activities in the Russian Chuvash Republic. The defendants stand accused of creating 30 fake firms over six years, each existing for only a… Read More
11th July 2019
The Charity Commission of England and Wales on Tuesday disclosed a formal inquiry into a group of linked charities suspected of involvement in money laundering. The independent regulator initially launched the investigation in June 2014 following a warning by the Metropolitan Police Service that the charities, which share trustees,… Read More
8th July 2019
U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin “El Chapo” Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year. The sum represents the total amount of cocaine, marijuana and heroin that a jury found… Read More
4th July 2019
A U.S. judge on Wednesday rejected Joaquin “El Chapo” Guzman’s bid for a new trial, finding that misconduct by jurors during the Mexican crime lord’s drug trafficking case was not a reason to overturn their guilty verdict. Guzman sought a new trial in March after Vice News published an interview… Read More
3rd July 2019
José González Valencia is a man of many names. Among his comrades in the Cartel Jalisco Nueva Generación, one of the most powerful and violent drug cartels in Mexico, he is known as Chepa, Santy, and El Camaron, or the Shrimp. He is also allegedly a member of the cartel’s… Read More
28th June 2019
A London judge on Thursday sentenced both a former UBS (UBSG.S) compliance officer and her day-trader friend to three years in jail after they were convicted by a jury of insider dealing. Fabiana Abdel-Malek, 36, and Walid Anis Choucair, 40, were both found guilty after a two-month trial… Read More
27th June 2019
AP — Brazil’s Supreme Court on Tuesday denied a petition to release jailed former President Luiz Inácio Lula da Silva, who is serving a sentence for corruption. In a 3-2 vote, a panel of judges rejected freeing da Silva while they consider a petition from his defense team demanding his… Read More