17th September 2019
A Russian hacker at the center of an alleged scheme to steal financial data on more than 80 million JP Morgan Chase & Co. clients will plead guilty later this month, according to a U.S. court filing. Andrei Tyurin, who was extradited last year from the Republic of Georgia, is… Read More
17th September 2019
Twelve leaders of hardcore Juventus “ultra” football fan groups have been arrested on suspicion of criminal association, money laundering, violence and aggravated extortion in connection with ticket sales. The suspects allegedly threatened to sing racist chants during matches if the Italian Serie A champions’ ticketing officials did not hand… Read More
17th September 2019
A court issued an arrest warrant for the nephew of scandal-struck Justice Minister Cho Kuk on Monday night as part of a widening probe into corruption allegations surrounding the minister’s family. Judge Im Min-sung of the Seoul Central District Court issued the warrant, saying the suspect’s detention was needed to… Read More
17th September 2019
AP — The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks and advisers to Purdue and its owners,… Read More
17th September 2019
Standard Chartered Plc, fined billions of dollars since 2012 for regulatory violations, has discovered that it cannot explain how some of its wealthiest clients acquired their fortunes and is reviewing thousands of customer accounts at its private bank. A Dubai regulatory review two years ago, which hasn’t previously been… Read More
16th September 2019
Belgian police are investigating allegations of corruption and money-laundering against Didier Reynders, the country’s foreign minister and the nominee to be the EU’s next justice commissioner. Reynders has denied the accusations which, according to De Tijd newspaper, relate to the construction of the Belgian embassy building in Kinshasa, the… Read More
16th September 2019
Five of the largest Dutch banks are exploring jointly monitoring transactions in the fight against money laundering. Firms including ING Groep NV, Rabobank and ABN Amro Bank NV are studying whether a joint venture is feasible given “the technical and legal challenges involved,” Dutch banking association NVB said in… Read More
16th September 2019
Accountants are turning a blind eye to organised crime gangs making millions from fraud, the police chief who is heading Britain’s fight against economic crime has said. Karen Baxter, police national lead on economic crime, said some accountants and lawyers were “complicit” or “complacent” in the laundering of “dirty”… Read More
16th September 2019
The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the “WannaCry” ransomware attacks and hacking of international banks and customer accounts. It named the groups as Lazarus Group, Bluenoroff, and Andariel and said they were controlled by the RGB, North Korea’s… Read More
16th September 2019
A year after U.S. authorities closed Backpage.com, the biggest player in the online sex-for-sale industry, investigators are focused on three websites now dominant in the American market and the Swiss businessman who they believe may control them. U.S. authorities, including the Department of Homeland Security and the Justice Department, are… Read More