22nd October 2020
Last Friday, the headquarters of the Czech Football Association were hit by a sudden police raid. It was the culmination of a long-term investigation that saw 19 individuals charged with corruption. Four of the accused have since been arrested, among them the deputy chairman of the association Roman Berbr. Mr. Read More
22nd October 2020
AP – Guatemalan prosecutors are seeking the arrest of the former communications minister for ex-President Jimmy Morales on money laundering charges after finding a connection to a house in which authorities found about $16 million in various currencies last week. The Special Prosecutor Against Impunity searched four properties Tuesday… Read More
22nd October 2020
The European Union’s executive said on Tuesday it was launching legal action against Cyprus and Malta over their investor citizenship programmes, also known as “golden passport” schemes. The schemes allow wealthy foreigners to buy citizenship in exchange for an investment of around 1 million euros in Malta and 2 million… Read More
21st October 2020
By Simon Bowers, ICIJ, 20 October 2020 ICIJ — A trade group representing firms that specialize in corporate secrecy has been lobbying the British government to give its members a central role in efforts to counter the country’s reputation as a leading provider of front companies to organized crime… Read More
21st October 2020
Germany has issued international arrest warrants for the two founders of the firm at the center of the tax haven scandal exposed by the Panama Papers data leak, German media reported. Mossack Fonseca founders Juergen Mossack and Ramon Fonseca, suspected of tax evasion and associating with criminals, will be arrested… Read More
21st October 2020
Banks operating in Hong Kong have been told to report financial transactions believed to violate the city’s controversial national security law (NSL) as they would suspected incidents of money laundering or terrorism financing, according to the city’s top financial regulator. In a document posted on its website, the Hong Kong… Read More
21st October 2020
A Faberge egg-collecting Russian oligarch who the US has hit with financial sanctions is set to benefit from the Morrison government’s gas-led recovery, it can be revealed. And a mysterious company registered in secrecy-haven Delaware is also in line to reap dividends if one of the key gas basins the… Read More
21st October 2020
Two felons and a former stockbroker who played legitimate stockbrokers are the latest charged in a $4.9 million penny stock scam swirling around Palm Beach Gardens-based NIT Enterprises. The Securities and Exchange Commission charged Hollywood’s Mason Newman, Boca Raton’s Christian Baquerizo and Fort Lauderdale’s Kevin Cardenas with fraudulently selling $1.4… Read More
21st October 2020
Darkside hackers claim to have extorted millions of dollars from companies, but say they now want to “make the world a better place”. In a post on the dark web, the gang posted receipts for $10,000 in Bitcoin donations to two charities. One of them, Children International, says it will… Read More
21st October 2020
An Iranian businessman was sentenced to 23 months in prison for his role operating a company that prosecutors said helped Iranians circumvent U.S. sanctions. Seyed Sajjad Shahidian, founder and former chief executive of Iranian online financial services company Payment24, pleaded guilty in June to conspiring to defraud the U.S. Read More