Featured Colombia

KYC360 Exclusive: Leveling the Uneven Playing Field from Which We Fight

At times, we AML professionals in the private and public sectors that play by the rules have difficulty realizing that the “bad guys” at the highest levels of the criminal world have no rules. They have more resources and capabilities than we can conceptualize. Unless you’ve lived in that world,… Read More

How Hezbollah’s Terrorist Financing Roots Grew into the Drug World

Understanding why Hezbollah has deep roots in the drug trade requires a historical view of Lebanon. Read More

Colombia Court: Ex-President Bribery Investigation to Continue

Colombia’s Supreme Court says it will continue investigating a former president over allegations he tried to bribe a paramilitary group and then intimidate witnesses. Former President Alvaro Uribe was questioned for hours over accusations he tried to bribe and intimidate members of a paramilitary group who claimed to have damaging… Read More
24th September 2019
Western Hemisphere nations voted Monday to employ a regional treaty to impose sanctions against embattled Venezuelan leader Nicolás Maduro, accusing his regime of criminal activity including drug trafficking and money laundering. In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American… Read More
23rd September 2019
Delaware’s top law-enforcement official is taking aim at shell companies formed under the state’s popular corporate laws to help funnel hush money to a porn star linked to President Donald Trump and move drug funds for Colombian revolutionaries. Attorney General Kathy Jennings filed papers Thursday seeking to dissolve… Read More
12th August 2019
Five years ago, everything changed in Latin America—or so it seemed. Investigations into a money-laundering operation in Brazil beginning in 2014 revealed a massive bribery scheme involving energy and construction companies. The “Car Wash” scandal saw dozens jailed and billions of dollars in fines—and implicated politicians in Argentina, Colombia, Peru and… Read More
1st August 2019
AP — The star witness in a U.S. investigation of a once-standout Drug Enforcement Administration agent was sentenced Wednesday to nearly four years in prison after implicating his longtime handler in a multimillion-dollar money-laundering conspiracy with the very Colombian cartel criminals he was supposed to be fighting. The 46-month sentence… Read More
4th July 2019
AP — María Victoria Guarín was a key adviser on Colombia’s biggest-ever transportation project: a 1,000-kilometer (620-mile) highway across mountainous terrain connecting the capital to busy Caribbean ports. As an investment officer for a World Bank unit, it was her job to help the government set the terms for competitive… Read More
16th May 2019
Colombia’s attorney general said on Wednesday he resigned in protest after a special court charged with prosecuting war crimes denied a U.S. extradition request for a former FARC leader accused of drug trafficking. The Special Jurisdiction for Peace (JEP) tribunal prosecutes leaders of the Revolutionary Armed Forces of Colombia (FARC)… Read More
6th March 2019
AP—Aiming to crack down on money laundering and bribes to overseas governments, the FBI is stepping up its efforts to root out foreign corruption with a new squad of agents based in Miami. The squad will focus its efforts not only on Miami but also in South America, a… Read More
8th January 2019
Up to 47 properties and numerous vehicles were seized in a police crackdown on a drug dealers’ network which involved investing drug money in the property market. In a joint operation between police in Spain, Italy, Argentina and Europol, almost 50 suspects were arrested regarding the gang’s activities, which… Read More
17th December 2018
AP — Spanish prosecutors have charged pop music star Shakira with tax evasion, alleging she failed to pay more than 14.5 million euros ($16.3 million) between 2012 and 2014. The Colombian singer denied the charges. The charges published Friday allege that Shakira listed the Bahamas as her official residence for… Read More
27th April 2018
The United States lifted sanctions on Thursday on Colombian soccer team Envigado Futbol Club S.A. after it severed ties to a group involved in international drug trafficking and other criminal activities, the Treasury Department said. The sanctions were imposed in November 2014 because the club’s owner allowed the Oficina de… Read More