Venezuelan football official pleads guilty to corruption charges
11th November 2016
Venezuelan football official pleads guilty to corruption charges
A Venezuelan football official faces prison and will hand over £13 million after pleading guilty to corruption charges in the US after a FIFA investigation. Read More
Venezuela court annuls Congress probe of $11 bln missing at PDVSA
28th October 2016
Venezuela court annuls Congress probe of $11 bln missing at PDVSA
Venezuela’s top court on Thursday approved an injunction against a congressional probe that found Rafael Ramirez, the former president of state oil company PDVSA, was responsible for corruption and malfeasance that cost the firm $11 billion. A congressional commission this month said the funds had gone missing during Ramirez’s time… Read More
Swiss give U.S. $51 mln in assets frozen in PDVSA investigation
26th October 2016
Swiss give U.S. $51 mln in assets frozen in PDVSA investigation
Switzerland has transferred about $51 million in formerly frozen assets to the United States in connection with an investigation into alleged corruption at Venezuela’s state oil company PDVSA, authorities said on Tuesday. The funds are linked to two Venezuelan oil magnates who have pleaded guilty in the United States to… Read More
Journalist charged in Venezuela after anti-Maduro protest
6th September 2016
Journalist charged in Venezuela after anti-Maduro protest
A prominent journalist and lawyer jailed on Venezuela’s Margarita island was charged on Monday with money laundering, according to family and a rights group, following his arrest after publicizing a protest against President Nicolas Maduro. Videos published by activists, purportedly from the locality of Villa Rosa, showed scores of people… Read More
Venezuela sentences 10 people to 22 years for cocaine on Air France flight
17th August 2016
Venezuela sentences 10 people to 22 years for cocaine on Air France flight
Venezuela’s Public Ministry on Tuesday said it sentenced 10 people to more than 22 years in prison, including three National Guard members, for trafficking a ton and a half of cocaine on an Air France flight. The Bolivarian National Guard members were respectively in charge of a drug-sniffing canine, of… Read More
New U.S. banking rules creating financial headaches in Caribbean
15th July 2016
New U.S. banking rules creating financial headaches in Caribbean
In Belize, the nation’s central bank has taken over processing international business payments after most of the country’s commercial banks have been cut off by former U.S. banking partners. In Jamaica, U.S. bank account holders are receiving notice to take their money elsewhere. And in Guyana, checks in U.S. dollars… Read More
Panama Paper law firm representative in Venezuela arrested
11th July 2016
Panama Paper law firm representative in Venezuela arrested
CARACAS, Venezuela — Jannet Almeida, a local representative of the Panamanian law firm of Mossack Fonseca, which is at the center of the Panama Papers offshore scandal, has been arrested by Venezuelan authorities in Caracas. “The woman was in charge of seeking customers to invest illicit funds in outsourcing-type business… Read More
U.S. Defends Venezuelan Sanctions as Caracas Talks Continue
23rd June 2016
U.S. Defends Venezuelan Sanctions as Caracas Talks Continue
The U.S. defended its use of sanctions against Venezuela as a means of responding to “repression” in the South American country at the same time a top Obama administration diplomat tries to break an impasse between opposition leaders and President Nicolas Maduro’s government. An executive order signed by President Barack… Read More
US businessman pleads guilty to charges in Venezuela bribery scheme
20th June 2016
US businessman pleads guilty to charges in Venezuela bribery scheme
The owner of multiple US-based energy companies pleaded guilty on Thursday to foreign bribery and tax charges for his role in a scheme to corruptly secure energy contracts from Venezuela’s state-owned and state-controlled energy company, Petroleos de Venezuela SA (PDVSA). Roberto Enrique Rincon Fernandez (Rincon), 55, of The Woodlands, Texas,… Read More
Venezuelan opposition investigating alleged corruption of US$69b
27th May 2016
Venezuelan opposition investigating alleged corruption of US$69b
Venezuela’s opposition-controlled legislature is investigating 89 alleged cases of corruption involving currrent and former government officials amounting to US$69 billion, lawmaker Freddy Guevara said on Thursday. Read More
Popular

Cayman Islands, Morocco Placed on Terror-Financing Watch List

Lawyers, accountants and other professionals play key role in cross-border financial crime, OECD warns in new report

Checking the Bitcoin Box

UK: Bank-funded police arrest 122 fraudsters

U.K.’s Financial Crimes Agency Wants Companies to Invest in Compliance

Must Read

Biden to hit Russia with sanctions for opposition leader Navalny’s poisoning, detention

Major reforms needed at ‘struggling’ US agency that leads dirty money fight, report says

Anti-corruption NGO slams ‘weak’ Swiss corporate crime laws

HSBC Banker Knew About Dealings With Iran, Meng’s Defense Argues

‘Vancouver Model’ money laundering connects B.C., Las Vegas and Macau casinos, inquiry hears