11th June 2020
A federal judge indicated prosecutors could face disciplinary action for allegedly failing to turn over evidence in a case that led to the conviction of an Iranian man on money-laundering and sanctions violations charges. The comments from Judge Alison Nathan came in response to a Friday request by the top… Read More
8th June 2020
Money laundering action against Pilatus Bank could still be taken in Malta despite yesterday’s decision by the US government to drop its case against the bank’s owner Ali Sadr Hasheminejad, the Financial Intelligence Analysis Unit (FIAU) has said. “As Malta’s anti-money laundering supervisory authority, the FIAU’s remit is to monitor… Read More
8th June 2020
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente. Starwood Hotels, now owned by Marriott, four years ago became the first U.S. hotel company to sign a deal with… Read More
5th June 2020
The U.S. and other powers are investigating suspected efforts by Libyan militia leader Khalifa Haftar to raise funds through oil deals, including with Emirati brokers and Venezuela, according to U.S., European and Libyan officials. The United Nations and the official Libyan government are probing a Dubai-based ship charterer for possibly… Read More
4th June 2020
The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under an oil-for-food pact, in a probe coordinated with U.S. agencies, the department’s chief, Santiago Nieto, told Reuters. The Mexican Financial Intelligence Unit is also separately investigating several other… Read More
3rd June 2020
The Trump administration Tuesday tightened its web of sanctions around the Maduro regime in Venezuela, blacklisting four companies allegedly involved in the country’s oil sector. By sanctioning the firms and their vessels, which are registered in the Marshall Islands and Greece, the U.S. Treasury Department is attempting to cut… Read More
2nd June 2020
University of Miami professor Bruce Bagley pleaded guilty on Monday to two counts of money laundering after being charged with using bank accounts in his name and in the name of a company he created in Florida to launder over $2 million in proceeds from a Venezuelan bribery and corruption… Read More
28th May 2020
Criticized as a hypocrite, former Miami Congressman David Rivera claims his $50 million consulting contract with an oil company owned by Venezuela’s government wasn’t meant to defend embattled President Nicolás Maduro but rather to remove him from power. However, the Miami Herald has learned that Rivera used some of his… Read More
25th May 2020
Former Miami Republican congressman David Rivera is under federal investigation for possible violations of the Foreign Corrupt Practices Act, as well as failing to register as an agent of Venezuela’s socialist regime, according to four sources familiar with the case who spoke to Univision. The investigation, conducted by the FBI… Read More
20th May 2020
The U.S. imposed sanctions on a Chinese logistics company that it says acted as a sales representative for blacklisted Iranian airline Mahan Air. The sanctions on Shanghai Saint Logistics Ltd., which has offices in Shanghai and Beijing, are part of ongoing efforts by Washington to shut down an airline… Read More