5th April 2021
Keith Schembri and his associates have been granted bail by the court but will only be released from prison tomorrow. The former OPM chief of staff will be released from Corradino Correctional Facility on Tuesday against a €60,000 deposit and a €90,000 personal guarantee. Bail was offered to Malcolm Scerri… Read More
5th April 2021
The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years, but admits they are still rather infrequent for the time being. The CPS estimates that 86% of reported fraud is now cyber-related… Read More
5th April 2021
Wildlife traffickers in the country, especially poachers, will face fines of up to RM1mil once amendments to existing laws are passed and implemented by the government, said Energy and Natural Resources Minister Datuk Seri Dr Shamsul Anuar Nasarah. He said the government was in the final stages of amending the… Read More
5th April 2021
In an interview with CNBC Squawk Box posted Thursday, Clayton said bitcoin had the status as a non-security at the SEC but this does not mean it should not be regulated. “Where digital assets land at the end of the day will… Read More
5th April 2021
OCCRP — The alleged leader of a criminal clan known as Group America who was arrested at the end of February in New York will remain in custody after a U.S. judge refused to set bail for him citing flight risk. A… Read More
5th April 2021
Malaysia’s Court of Appeal on Monday began hearing a bid by former Prime Minister Najib Razak to set aside his conviction on corruption charges in a case linked to a multi-billion dollar scandal at state fund 1MDB. Najib, who was voted out in a historic 2018 election, faces several trials… Read More
5th April 2021
Islamic State is using ivory smuggling and illegal trade in wildlife, sugar and diamonds to finance its expansion in Africa, according to a new report. Last week Islamist fighters killed scores of people and displaced hundreds more as they stormed the town of Palma in Mozambique, raising fears that… Read More
5th April 2021
The Philippines will now require all financing and lending companies to register with the Anti-Money Laundering Council, report suspicious transactions and comply with other rules aimed at combating money laundering and terrorism financing in the country. The rules previously applied only to financing and lending firms with more than 40%… Read More
5th April 2021
Israeli prosecutors accused Prime Minister Benjamin Netanyahu of treating favours as “currency” on Monday at the opening of a corruption trial which, along with an inconclusive election, has clouded his prospects of remaining in office. Netanyahu, who denies all wrongdoing in the three cases against him, came to Jerusalem District… Read More
5th April 2021
Citigroup Inc. hired Ken Blanco, the director of the Financial Crimes Enforcement Network, as its chief compliance officer of its newly created financial crimes unit. Blanco worked on combating financial crimes and enforcing regulations on money laundering and terrorism financing at FinCEN, a bureau in the Department of Treasury. Read More