22nd May 2019
Mexico’s government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, officials said on Tuesday, part of a “Robin Hood” program to use millions of dollars in ill-gotten gains to aid the poor. The first auction, set for Sunday, will seek bids… Read More
22nd May 2019
AP — A Virginia man who previously headed the Newport News-Williamsburg International Airport has been indicted on charges related to the airport’s loan to a defunct airline. News outlets report Ken Spirito was arrested Monday on charges including money laundering. An indictment unsealed that day says he worked to hide… Read More
21st May 2019
Mexico’s President Andres Manuel Lopez Obrador, looking to make good on a promise to clean up rampant corruption, will go after judges that have aligned themselves with the country’s notorious drug cartels, a government official said. The United States slapped sanctions on a Mexican judge and a former state governor… Read More
20th May 2019
The United States slapped sanctions on a Mexican judge and a former state governor on Friday, accusing them of taking bribes from drug traffickers, and saying that government corruption had allowed Mexican drug gangs to grow and operate with impunity. Nine other people and ten groups were also designated in… Read More
20th May 2019
Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators to take action. Drugmaker Kangmei Pharmaceutical Co Ltd, a constituent of MSCI’s global indexes, in April said an… Read More
20th May 2019
India’s ruling Bharatiya Janata Party (BJP) has one unwanted lead in this month’s general election race – according to data from an electoral watchdog it is fielding the most candidates among the major parties who are facing criminal charges. Its main rival, Congress, is just a step behind. Election laws… Read More
20th May 2019
British Columbia’s recently announced probe into suspected money laundering has drawn promises of cooperation from federal officials along with new questions for other provinces. On Wednesday, British Columbia (BC) Premier John Horgan announced that his government would conduct a public inquiry into the “extent, growth, evolution and methods of money… Read More
17th May 2019
AP — Argentina’s Supreme Court says the first corruption trial against former President Cristina Fernández is still scheduled to start next week, despite a judicial order that her opponents feared could delay the trial into the presidential campaign season or beyond. The court this week said it would review the… Read More
17th May 2019
AP — A high court ruling barring a crusading former prosecutor’s candidacy has turned Guatemala’s presidential election on its ear less than a month before the vote, and raised concerns about what will happen to years of efforts to fight endemic corruption. The rejection of Thelma Aldana’s appeal means at… Read More
15th May 2019
Facing unprecedented pressure to clamp down on criminal groups, UK law enforcement officials are in need of an additional £2.7 billion in funding over the next three years, the head of the National Crime Agency (NCA) said Monday. The agency is seeking a 54-percent increase in its annual budget, which… Read More