13th November 2019
Europe’s threat to trigger a mechanism that could reimpose United Nations sanctions on Iran marks a significant breakdown in diplomacy to try to save the 2015 nuclear deal and could presage its death knell, diplomats say. Britain, France and Germany have sought to salvage the pact, under which Iran undertook… Read More
6th November 2019
The United Nations (UN) reportedly believes that North Korea is training its most talented young IT talents to become elite cryptocurrency hackers – and thinks Pyongyang is using a fake Hong Kong blockchain company as a front for money laundering schemes. Per South Korean media outlet Chosun, South Korean… Read More
31st October 2019
Saudi Arabia, Qatar and five other Gulf nations joined the U.S. in imposing sanctions on a financing network controlled by Iran’s military and several men linked to the Tehran-backed Lebanese group Hezbollah. Top U.S. Treasury Department officials said the action is the largest ever by the Riyadh-based Terrorist Financing… Read More
22nd October 2019
The daughter of late Venezuelan President Hugo Chávez allegedly used a secret bank account in the United States for two years to make million-dollar purchases, adding to a long list of money-laundering accusations against the Chávez family. According to a report by Diario Las Américas, María Gabriela… Read More
9th September 2019
Salvadoran President Nayib Bukele on Friday unveiled a new independent commission to tackle corruption, taking inspiration from a U.N.-backed body that toppled the previous president of neighboring Guatemala. Bukele, who took office in June, has vowed to stamp out corruption that has implicated former presidents and said he had created… Read More
5th September 2019
North Korea is increasing exports of paintings and wigs to China, in an effort to earn foreign currency by exploiting a U.N. sanctions loophole. While North Korea’s exports to China halved in value on the year in 2018 due to the U.N. sanctions, China represents a record 95.8% of the… Read More
15th August 2019
AP — U.N. experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs — and they are calling for sanctions against ships providing gasoline and diesel to the country. Last week, The Associated… Read More
8th August 2019
By Jesse Eisinger, ProPublica, and Kevin Wack, American Banker Since Donald Trump’s election, federal white-collar enforcement has taken a big hit. Fines and settlements against corporations have plummeted. Prosecutions of individuals are falling to record lows. But just how these fines and settlements came to be slashed is… Read More
6th August 2019
United Nations investigators urged world leaders on Monday to impose targeted financial sanctions on companies linked to the military in Myanmar, and said foreign firms doing business with them could be complicit in international crimes. A panel of human rights experts identified scores of companies tied to the army, which… Read More
6th August 2019
North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” cyberattacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday. Pyongyang also “continued to enhance its nuclear and missile programmes although… Read More