5th October 2020
The shadow chancellor, Anneliese Dodds, is calling for the government to introduce a long-promised register of foreign owners of UK properties, to prevent criminals using homes as “dodgy bank accounts”. Reports of suspected money laundering have more than doubled since David Cameron used a speech in Singapore in 2015… Read More
5th October 2020
Nearly a year after the Vatican appointed one of Italy’s top anti-mafia prosecutors to tackle alleged financial wrongdoing in the Holy See, the Council of Europe’s anti-money laundering body, Moneyval, arrived in the Vatican to make its own assessment. “Today the assessment team of the Committee of Experts on… Read More
2nd October 2020
A U.S. visa program that provides residency to wealthy investors from abroad “faces serious corruption and money laundering risks,” according to a recent report published by Transparency International Russia. Throughout the span of several years, investigators from the civil society organization posed as wealthy Russian investors applying for an… Read More
1st October 2020
The ownership of hundreds of thousands of companies registered in one of the world’s most secretive financial jurisdictions is to be made public for the first time. The British Virgin Islands (BVI) has committed itself to creating a publicly accessible register of company ownership by 2023 in a move welcomed… Read More
28th September 2020
According to an Interpol Red Notice, Philip Egglishaw is 67 years old, 1.75m tall, with a moustache and receding hairline. The “international fraudster”, as he was once dubbed, is wanted by Australian authorities for his role as the alleged mastermind of one of the country’s largest tax evasion and money-laundering… Read More
28th September 2020
John Gerant has played several roles in his life — Miami police officer, pilot, Realtor, drug trafficker and informant for the Drug Enforcement Administration. His latest act: alleged facilitator in a multimillion-dollar global Ponzi scheme. Leaked documents from the U.S. Treasury Department show that Gerant and his son, Sean,… Read More
28th September 2020
The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken. Investment immigration firm Astons said it had seen a 50% and 30%… Read More
25th September 2020
In the summer of 2015, the New York branch of British bank Barclays flagged as suspicious a transfer of $1 million to former Moscow Deputy Mayor Iosif Ordzhonikidze for “consulting services.” The transfer originated with a company called BEM Global Corp., which is controlled by prominent real-estate developer Roman Fuks. Read More
25th September 2020
Cardinal Angelo Becciu, who until today was prefect of the Vatican’s Congregation for the Causes of Saints, has resigned from that office, and in an extremely rare move, from the rights extended to members of the College of Cardinals. The cardinal worked previously as the number two-ranking official in the… Read More
25th September 2020
The Pakistan government has filed a Rs 7 billion (USD 41.9 million) money laundering case against the Leader of the Opposition Shahbaz Sharif and his family. Shahbaz, 69, is the younger brother of former premier Nawaz Sharif. He served as chief minister of Punjab from 2008 to… Read More