Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network
15th January 2021
Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network
In October 2014, Canadian intelligence leaders were invited to the U.S. Drug Enforcement Administration’s headquarters in Chantilly, Va. The DEA had a theory: the upper echelons of global money laundering, terrorism, drug-trafficking and organized crime all bleed together. And only a handful of men in this murky world of extremely… Read More
Mexican prosecutors clear ex-defense chief accused by US
15th January 2021
Mexican prosecutors clear ex-defense chief accused by US
Mexican prosecutors on Thursday exonerated a former defense minister who was arrested in the United States on drug trafficking charges and sent home to face a possible trial. The attorney general’s office said it would take no action against retired general Salvador Cienfuegos, whose surprise arrest at a Los Angeles… Read More
Ontario men arrested for allegedly violating Iran sanctions, money laundering
14th January 2021
Ontario men arrested for allegedly violating Iran sanctions, money laundering
Two Iranian nationals living in Ontario have been arrested for allegedly conspiring to export products to Iran in violation of sanctions, the U.S. Justice Department said Tuesday. Ameni Yousefi Jam, 33, was arrested in Canada and was scheduled to appear in court in Toronto on Wednesday for extradition proceedings. Meanwhile,… Read More
Libya, North Africa Emerge As Cocaine Transit Hubs
13th January 2021
Libya, North Africa Emerge As Cocaine Transit Hubs
Within the span of a week, cocaine was discovered in two separate maritime cargo containers bound for Libya, a strong indication that both the North African country and the broader region are becoming increasingly used cocaine transit routes to Europe and the Middle East. In December, customs inspectors in Malta… Read More
Trump returns Cuba to U.S. list of state sponsors of terrorism
12th January 2021
Trump returns Cuba to U.S. list of state sponsors of terrorism
The Trump administration on Monday announced it was returning Cuba to the U.S. list of state sponsors of terrorism, a move that could complicate any efforts by the incoming Biden administration to revive Obama-era detente with Havana. Just nine days before Republican President Donald Trump leaves office, Secretary of State… Read More
TD Bank faces Stanford Ponzi scheme liquidators seeking $5.5 billion in trial
12th January 2021
TD Bank faces Stanford Ponzi scheme liquidators seeking $5.5 billion in trial
Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford are seeking $5.5 billion in damages. The joint liquidators of Stanford International Bank (SIB) allege “negligence and knowing assistance” by… Read More
US motions expand drug claims against Honduras president
11th January 2021
US motions expand drug claims against Honduras president
AP — U.S. federal prosecutors have filed motions saying that Honduran President Juan Orlando Hernández took bribes from drug traffickers and had the country’s armed forces protect a cocaine laboratory and shipments to the United States. The documents quote Hernández as saying he wanted to “‘shove the… Read More
Rio Militias and Their Complex Empire of Legal Businesses
11th January 2021
Rio Militias and Their Complex Empire of Legal Businesses
By Chris Dalby, Insight Crime, 8 January 2021 Insight Crime — As part of a mounting campaign going after criminal finances, police in the Brazilian city of Rio de Janeiro have asked courts to seize control of legal businesses used by militia groups to launder money. This… Read More
Guatemalan Police Secure Arrests in Money Laundering Probe
8th January 2021
Guatemalan Police Secure Arrests in Money Laundering Probe
By Jullet Pineda Sleinan, OCCRP, 6 January 2021 OCCRP – Authorities in Guatemala have detained seven people in raids on 20 properties as part of an investigation into a conspiracy to launder more than US$7 million in drug money. The country’s Public Ministry announced on Monday… Read More
Credit Suisse Cuts Ties With Some Venezuelan Wealth Clients
7th January 2021
Credit Suisse Cuts Ties With Some Venezuelan Wealth Clients
Credit Suisse Group AG has cut relationships with a number of Venezuela’s wealthy as it weighs the risk of doing business with politically-exposed clients in the sanctions-hit country. Switzerland’s second-largest lender has cut assets it manages for the nation’s wealthy by more than half over the past few years,… Read More
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