Mexican prosecutors clear ex-defense chief accused by US
15th January 2021
Mexican prosecutors clear ex-defense chief accused by US
Mexican prosecutors on Thursday exonerated a former defense minister who was arrested in the United States on drug trafficking charges and sent home to face a possible trial. The attorney general’s office said it would take no action against retired general Salvador Cienfuegos, whose surprise arrest at a Los Angeles… Read More
Villarejo: The rise and fall of the Spanish state’s secret fixer
15th January 2021
Villarejo: The rise and fall of the Spanish state’s secret fixer
Many intrigues and scandals have gripped Spain in recent years, from alleged royal corruption to ministerial dirty tricks against political rivals, yet in all that complexity one character seems to have been ever-present. José Manuel Villarejo’s name, and to a lesser extent his face – due to his obsession with… Read More
El Salvador Protects Accounts of Suspected Money Launderers
15th January 2021
El Salvador Protects Accounts of Suspected Money Launderers
By Shane Sullivan, InSight Crime, 13 January 2021 InSight Crime – The head of El Salvador’s financial regulatory agency has instructed banks not to close the accounts of suspected or formally accused money launderers, the latest in a long line of incidents that expose the country’s hollow fight… Read More
Thailand’s DSI targets Chinese loan sharks
15th January 2021
Thailand’s DSI targets Chinese loan sharks
The Department of Special Investigation (DSI) has ordered frozen 157 bank accounts containing more than 1.5 billion baht belonging to a gang of predatory lenders from China. The illegal gang was found to have offered loans through apps that imitate the names of several well-known legal money lenders, according to… Read More
India: Former Rajya Sabha MP KD Singh arrested by ED in money laundering case
15th January 2021
India: Former Rajya Sabha MP KD Singh arrested by ED in money laundering case
Former Rajya Sabha MP KD Singh was on Wednesday arrested by the Enforcement Directorate (ED) in connection with a money laundering case. Reacting on the same, TMC MP Sougata Roy said, “I don’t want to comment. Neither is KD Singh with the TMC anymore nor he is a MP now.”… Read More
MFSA man Pilatus wants summoned to US court, resigns ‘competent person’ role
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
Jüri Ratas resigns as Estonian prime minister amid corruption scandal
14th January 2021
Jüri Ratas resigns as Estonian prime minister amid corruption scandal
Jüri Ratas resigned as prime minister of Estonia and head of the Centre Party on Wednesday, amid allegations of corruption against his party. On Tuesday, the Estonian Public Prosecutor’s Office announced it suspected the Centre Party and five individuals, including its Secretary-General Mihhail Korb, were involved… Read More
AUSTRAC claimed the Vatican wired $2.3 billion to Australia. The true figure was $9.5 million
14th January 2021
AUSTRAC claimed the Vatican wired $2.3 billion to Australia. The true figure was $9.5 million
The financial crime watchdog has issued a grovelling apology after accidentally telling Parliament that the Vatican transferred $2.3 billion to Australia over seven years when the actual amount was less than $10 million. The Australian Transaction Reports and Analysis Centre’s claim prompted alarm and confusion in the Holy See, where… Read More
US Sentences Bulgarian Owner of BitCoin-Laundering Hub
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
Romanian gang used dozens of fake cards in Dublin newsagents
14th January 2021
Romanian gang used dozens of fake cards in Dublin newsagents
Two members of a Romanian organised crime gang made dozens of fake credit cards and used them in Dublin shops after a “deep” skim of UK bank customers’ details, a court has been told. Daniel Almajanu, 35, used a card reader and writer machine to make fake cards which Albert… Read More
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