4th July 2019
Fraud squad detectives have arrested a member of a gang which has made millions from ripping off customers of Airbnb and other accommodation providers. In dawn raids yesterday, they arrested the man whose gang is suspected of laundering more than €1.5m in 90 separate bank accounts across the country. It… Read More
4th July 2019
Pakistani authorities announced a crackdown on Wednesday against Hafiz Saeed, leader of the group blamed for deadly attacks on Mumbai in 2008, amid growing international pressure to act against militant groups. Pakistan’s counter-terrorism department said it had launched 23 cases against Saeed and 12 aides for using five trusts to… 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
4th July 2019
Norway’s Financial Supervisory Authority has ordered Spanish bank Santander (SAN.MC) to pay a fine of nine million crowns ($1 million) for violations of the country’s anti-money laundering laws, it said on Tuesday. The fine was imposed in relation to violations found at Santander Consumer Bank in Norway, the… Read More
3rd July 2019
From jet skis to yachts, traffickers are resorting to increasingly innovative ways to smuggle people into Europe, a senior Europol officer said on Tuesday as the police agency launched a taskforce to tackle the lucrative trade. Criminal gangs are also becoming more violent towards migrants as they seek to maximize… 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
3rd July 2019
AP — U.K. judges have ruled that Indian entrepreneur Vijay Mallya may appeal his extradition to India in Britain’s High Court. Tuesday’s ruling by a two-judge panel means the 63-year-old tycoon will be able to have a full hearing on his appeal to overturn an extradition order. India accuses him of… Read More
3rd July 2019
By Lenin Cavalcanti Guerra, University of Saskatchewan Operation Car Wash is an ongoing investigation by Brazilian federal police into a money laundering scheme in which black market money dealers used small businesses to launder dirty money. If you’ve seen TV shows like Breaking Bad or Ozark, it will… Read More
28th June 2019
Brussels-based KBC Group NV and its banking arm KBC Bank are facing prosecution for their purported roles in facilitating money laundering and tax fraud by Belgian clients.  The banking group disclosed the charges by the Ghent public prosecutor’s office in a statement on its website Thursday and said… Read More
28th June 2019
AP — Authorities say two former Venezuelan officials have been indicted on U.S. money-laundering charges, including the ex-minister for electricity. The Miami U.S. attorney’s office said in a news release Thursday that 60-year-old Luis Alfredo Motta Dominguez faces seven counts of money laundering and one count of money-laundering conspiracy. Prosecutors… Read More