19th August 2020
He called himself the “Lottery Lawyer,” developing a national reputation for helping high-profile lottery winners with their investments. He promised to secure their wealth for generations and to protect them from scam artists. But on Tuesday, federal prosecutors in Brooklyn accused the lawyer, Jason M. Kurland, of working with a… Read More
19th August 2020
The U.S. Justice Department issued a rare Foreign Corrupt Practices Act opinion letter, saying it doesn’t intend to bring an enforcement action against a U.S.-based investment adviser for a fee the company planned to pay to a foreign government entity for services. The letter, issued by the department in response… Read More
19th August 2020
OCCRP – Oleg Tinkov is a self-made Russian billionaire with a penchant for private jets and luxury homes around the globe that bear his name, just like the online bank he founded. For years, Tinkov flaunted this lavish lifestyle on social media. In February, his family flew a $58-million… Read More
17th August 2020
It was not the easiest of starts. Just as TS Anil took up his post running Monzo’s American business in February, Covid-19 forced his home city of San Francisco to declare a state of emergency. The 49-year-old financial services veteran ended up working from home rather than meeting new colleagues… Read More
12th August 2020
A United States anti-corruption law that would crack down on anonymous shell companies has been slowed by gridlock in Congress, leaving its fate to be decided in crucial negotiations between the Senate and House of Representatives. The bill would create a federal register of the real, flesh-and-blood owners of all… Read More
12th August 2020
Reporting of potential terrorist financing has more than doubled in New Zealand since the March 15 mosque shootings. Police said people are far more vigilant when it comes to potential terrorist acts after the Christchurch attacks, which killed 51 and injured scores more. The organisation has also ramped up its… Read More
12th August 2020
Donald Trump calls himself the “law and order” president, but when it comes to white collar crime, he has overseen a significant decline in enforcement. The prosecution of securities fraud, antitrust violations and other such crimes has hit a record low as the pandemic slows the courts, according to one… Read More
11th August 2020
By Héctor Silva Ávalos and Parker Asmann, InSightCrime, 10 August 2020 InSightCrime – The indictment of a former economics minister in Guatemala for money laundering — some of the very same charges he faced in his home country — shows how US prosecutors have been willing to pick up… Read More
10th August 2020
Singapore police brought their first criminal charges against an individual linked to the suspected fraud at Wirecard AG, the one-time German technology star that collapsed at the end of June after admitting more than $2 billion of cash on its balance sheet was fake. The city-state’s white collar… Read More
7th August 2020
Prime Minister Jüri Ratas (Center) has been summoned to appear before two Riigikogu select committees next week, in connection with the confidential agreement signed last month between finance minister Martin Helme (EKRE) and an American law firm. Ratas, along with Chief State Prosecutor Taavi Pern and head of the Financial… Read More