20th September 2016
Binary Uno is the latest binary options broker to be added to the BCSC’s investor caution list. Read More
16th September 2016
Brazil’s former president Luiz Inacio Lula da Silva made on Thursday an emotional speech challenging the prosecutors who denounced him for corruption and money laundering to find any evidence against him. On Wednesday, prosecutors accused Lula, who served as president from 2003 to 2010, of leading a vast corruption ring… Read More
15th September 2016
Quebec securities officials are investigating possible connections between a Montreal Chabad group and an alleged money-laundering scam involving the ex-CEO of Amaya Inc., the world’s largest publicly traded online gambling company. David Baazov, 35, is facing charges filed in March that he tried to influence the Amaya stock price by… Read More
15th September 2016
Canada’s anti-money laundering efforts have improved in recent years but significant gaps leave the country open to illicit financial activities, according to an evaluation from an organization that develops policies to protect the global financial system. The importance of anti-money laundering efforts has risen in recent years, as… Read More
15th September 2016
Brazilian federal investigators have charged former president Luiz Inacio Lula da Silva with money laundering and corruption. The charges are in connection with a sprawling corruption investigation at state-run oil giant Petrobras. Silva, his wife and five others are accused of illegally benefiting from renovations at a beachfront apartment in… Read More
14th September 2016
Canada’s anti-money laundering agency conducted on-site examinations of more than 800 real estate companies over four-and-a-half years and found “significant” or “very significant” deficiencies during 60 per cent of those visits, new data shows. A document obtained by The Canadian Press through an Access to Information request shows that Fintrac… Read More
13th September 2016
Eduardo Cunha, the man dubbed Brazil’s most corrupt, and former speaker of the lower house has been stripped of his seat. The chamber voted 450-10 to remove him from office. He was charged with corruption and denied the existence of Swiss bank accounts, he now faces arrest. Defending himself, he… Read More
12th September 2016
The former attorney general of Brazil said he believes the government of Michel Temer removed him from his post in order to sink the ongoing corruption probe investigating the massive corruption scandal involving the country’s state oil company. “I have no doubt that I was fired because the government wants… Read More
11th September 2016
SINGAPORE — The State Court has sentenced a married couple to prison in a $3.6 million international money laundering case linked to Chinese telecom giant ZTE and the former prime minister of Papua New Guinea. Singaporean national Lim Ai Wah was given a five-year prison sentence Thursday,… Read More
9th September 2016
Quebec’s securities regulator is showing more of its cards in the case involving David Baazov, the former CEO of online gambling giant Amaya Inc., saying it uncovered a kickback scheme for stock tips on impending takeovers and is investigating related money laundering through a religious organization. The Autorité des marchés… Read More