23rd April 2020
Troy Stolz, the whistleblower who exposed a widespread lack of anti-money laundering compliance around poker machines in registered clubs, is being sued by ClubsNSW. Mr Stolz is accused of giving a confidential ClubsNSW board paper to Independent MP Andrew Wilkie. That paper, written in May 2019, outlined ClubsNSW’s own concerns… Read More
21st April 2020
“He’s just dodgy. He’s just ridiculously dodgy,” personal trainer Sean Carolan was heard saying of his criminal lawyer Michael Croke on an expletive-laden phone tap. A jury appears to have concurred with this assessment, as on Monday the Kings Cross lawyer was found guilty of all six counts including perverting… Read More
20th April 2020
South Korea has significantly improved its legal framework on fighting money-laundering, but it needs to step up efforts to prevent public officials from laundering bribes and to solidify its ability to freeze the assets of persons and entities blacklisted by the United Nations, a global anti-money-laundering watchdog said. The Financial… Read More
14th April 2020
Malta has requested the help of the US to avoid the possibility of being put on a list of countries that are not doing enough to fight money launderers. Sources said talks with the US government were held in recent months with a view to exploring a “partnership on financial… Read More
6th April 2020
By Anuška Delić and Matej Zwitter, OCCRP, 3 April 2020 OCCRP — In recent weeks, Slovenia has introduced strict controls on movement and gatherings, while approving tens of millions of euros worth of bids under emergency measures that bypass open tender measures. In just the last week of March, the government… Read More
6th April 2020
The gambling regulator is to cut staff, the Guardian has learned, prompting dismay among campaigners after a report that found it was already too weak. The Gambling Commission’s 332 full-time staff have been told it plans to reduce headcount as part of a broader structural reorganisation. The commission… Read More
3rd April 2020
A casino company has been fined a record £13m by the Gambling Commission for failures relating to VIP schemes that the regulator is considering banning. Three senior managers at Caesars Entertainment, which has 11 casinos in UK cities and seaside towns, will also lose their licence to run a… Read More
3rd April 2020
The Financial Action Task Force (FATF) has labeled the United States’ steps against money laundering and terror financing with digital currencies as “largely compliant.” In a report published on Tuesday, the intergovernmental evaluated the country’s measures for anti-money laundering (AML) and counter-terror financing (CTF) in areas across the digital… Read More
1st April 2020
Hong Kong police have broken up what they believe is a sophisticated gambling syndicate behind a network of underground casinos that used arcade machines for betting games and served those from the criminal underworld, force insiders said on Tuesday. Detectives believed the racket, run by a gang of mainland men… Read More
1st April 2020
Alpine Motel Apartments owner Adolfo Orozco and his properties were part of a 2019 Homeland Security investigation into drugs, guns and money laundering linked to the Mexican Mafia and unnamed cartels, records obtained by the Review-Journal show. Special Agent Eric Curry said Monday that the investigation is “ongoing,” but he… Read More