14th October 2020
AP – An anti-corruption watchdog on Tuesday ranked the United States and United Kingdom as the largest exporters most active at enforcing rules meant to prohibit companies from paying bribes in foreign markets, but said many others are doing next to nothing. Berlin-based Transparency International said only four of… Read More
8th October 2020
The Spanish Prosecution office says it is investigating Arbistar for allegedly running a bitcoin trading scam with preliminary findings suggesting $1 billion in investors’ funds cannot be accounted for. The disappearance of investor funds has affected 32,000 families that are failing to access their savings that are invested with Arbistar,… Read More
6th October 2020
By Alessandro Ford, InSightCrime, 5 October 2020 InSightCrime – A patrol ship in the Dutch Caribbean has caught over three tons of cocaine in a rapid series of seizures, displaying how regularly drug shipments traverse the area on their way to Europe and the United States. On September 8,… Read More
6th October 2020
Elusive cybersecurity pioneer John McAfee was arrested in Spain for tax evasion in the U.S., the Justice Department in Washington said. McAfee is accused of failing to file U.S. tax returns from 2014 to 2018 and hiding assets including real estate, a vehicle and a yacht in the name of… Read More
1st October 2020
Former International Monetary Fund (IMF) chief Rodrigo Rato was acquitted by a Spanish court on Tuesday of fraud charges and falsifying accounts, during the botched 2011 public listing of the major Spanish bank, Bankia. The National Court of Justice in Madrid also acquitted 33 further people and entities —… Read More
15th September 2020
A court in the small European country of Andorra is to investigate former Spanish prime minister Mariano Rajoy and some members of his government in relation to coercion accusations, in a case which stretches all the way to the US government. The Andorran judiciary has accepted the complaint, filed by the… Read More
14th September 2020
Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up strict regulation for asset-backed cryptocurrencies such as stablecoins to protect consumers and preserve state sovereignty in monetary policy. The finance ministers of the five European Union member states said in a joint statement on Friday… Read More
8th September 2020
Swiss banks first surfaced as handlers of illicit Venezuelan oil money in 2016, when U.S. Attorney Preet Bharara sought records from more than 18 of them on of bribery at PDVSA, a state-owned oil and natural gas company. Precisely two weeks later, Switzerland’s financial regulator built its annual meeting… Read More
26th August 2020
A country estate in a Shropshire hamlet is at the centre of an international scandal involving the Spanish royal family, mysterious offshore companies and secret agents. Chyknell Hall near Bridgnorth has taken centre stage in the drama thanks to its prominent yet elusive resident, Corinna zu Sayn-Wittgenstein, the one-time… Read More
26th August 2020
By Douwe den Held, InSight Crime, 24 August 2020 InSightCrime – Authorities in the Netherlands are discovering more cocaine processing facilities, but the dismantling of the largest one to date, staffed by Colombian workers, marks a new chapter for the country. In mid-August, a raid in the northern town… Read More