15th January 2021
Many intrigues and scandals have gripped Spain in recent years, from alleged royal corruption to ministerial dirty tricks against political rivals, yet in all that complexity one character seems to have been ever-present. José Manuel Villarejo’s name, and to a lesser extent his face – due to his obsession with… Read More
14th January 2021
A new federal law is putting an end to anonymous shell companies used to launder dirty money through high-priced real estate, automobiles and works of fine art. Until this year, Limited Liability Corporations — known as LLCs — often used to purchase real estate enabled buyers to block their identity… Read More
8th January 2021
U.K. police seized a Porsche Cayenne and a luxury penthouse apartment from a convicted murderer as part of its push to crack down on dirty money. The assets, with a combined value of more than 800,000 pounds ($1.08 million), belonged to Mohammed Nisar “Meggy” Khan, the National Crime Agency said… Read More
8th January 2021
Organised crime gangs are exploiting lax property and benefits rules to bank large sums of taxpayers’ money, says the head of Britain’s second biggest police force. Chief Constable Sir David Thompson, head of West Midlands Police, said criminals were laundering their dirty money into property that they rented out… Read More
7th January 2021
In the early 1500s a young Henry VIII visited Lullingstone Castle to take part in jousts and hunts in its extensive grounds. Hundreds of years later, the Kent estate was where Simon Giles, 41, chose to buy a home. It is said that when he was learning to fly he… Read More
4th January 2021
The Vatican is scrambling to justify mysterious international money transfers worth more than £1 billion in a new twist to a case involving a cardinal, historical sex abuse allegations and an investment in a property development in Chelsea. The watchdog that monitors international transactions in Australia detected more than 400,000… Read More
4th January 2021
Two years after the province filed a forfeiture application for $2.7 million in houses and cash allegedly linked to B.C.’s largest money-laundering case, the two sides are fighting over what documents should be disclosed. Accused Stephen Hai Peng Chen has filed an application in B.C. Supreme Court for an order… Read More
31st December 2020
OCCRP — Cyprus admitted on Tuesday that its recently abolished citizenship by investment program had serious flaws, and that almost everybody in the decision-making process enabled some dubious figures to obtain Cypriot citizenship in exchange for money of unknown origin. A report put together by a… Read More
31st December 2020
U.S. prosecutors on Wednesday accused Ukrainian tycoon Ihor Kolomoisky and another Ukrainian businessman of using misappropriated funds to buy real estate in Ohio, following earlier similar U.S. allegations involving property in Kentucky and Texas. Kolomoisky, one of the most prominent tycoons in Ukraine and regarded as a key political backer… Read More
30th December 2020
Montenegro has renewed its request to extradite the ex-president of the former State Union of Serbia and Montenegro, Svetozar Marovic, from Serbia. It comes after a BIRN investigation revealed the Marovic family’s lucrative business interests in Serbia. On Monday, Deputy Prime Minister Dritan Abazovic said the government had renewed the… Read More