Enforcement
8th September 2021
Two executives of Massachusetts spinal implant company SpineFrontier Inc were arrested Tuesday on charges of bribing surgeons to use their products by paying them sham consulting fees, federal prosecutors announced. SpineFrontier founder and chief executive officer Kingsley Chin, 57, of Fort Lauderdale, Florida, and chief financial officer Aditya Humad, 36,… Read More
7th September 2021
Cryptocurrency exchange Binance will not offer products in Singapore dollars and will stop all online communication operations in the country by Friday, after a warning from the local regulator, according to an announcement on the company’s website on Sunday. The company outlined it will stop trading cryptocurrency pairs and… Read More
7th September 2021
Seven vehicles worth collectively about €270,000 were seized by gardaí as part of an investigation into money laundering in west Dublin on Monday. Gardaí said officers of the Criminal Assets Bureau carried out a search operation at a motor dealership in Blanchardstown. The operation formed part of an… Read More
6th September 2021
German authorities have imposed a $178,000 fine on state-owned KfW-Ipex-Bank for facilitating loans to an Angolan brewery linked to Isabel dos Santos, the eldest daughter of the country’s former president. Frankfurt prosecutors said that the subsidiary of Kreditanstalt für Wiederaufbau (KfW) violated German anti-money laundering laws, Süddeutsche Zeitung reported. Read More
6th September 2021
Phone company O2 is under investigation by the U.K.’s Serious Fraud Office for potentially breaking anti-bribery laws. O2, which recently merged with Virgin Media, has stated in its annual reports since 2017 that it has been working to address requests from U.K. authorities for disclosures concerning the possible violations. The… Read More
6th September 2021
Prosecutors in Guatemala have begun an investigation into allegations that Russian businessmen paid a bribe to President Alejandro Giammattei to obtain a dock in one of the country’s main ports, the attorney general’s office said on Friday. Juan Luis Pantaleon, spokesman for the Guatemalan attorney general’s office, said anti-corruption prosecutors… Read More
3rd September 2021
JPMorgan Chase & Co. settled a longstanding French criminal investigation over allegations it helped clients commit tax fraud for 25 million euros ($29.6 million). The case relates to allegations of tax fraud seen to benefit former managers at investment firm Wendel, top financial prosecutor Jean-François Bohnert said at a… Read More
3rd September 2021
A British man has been charged in Singapore with involvement in alleged fraud by a company linked to the collapsed German payments firm Wirecard, according to police. James Henry O’Sullivan is accused of colluding with R Shanmugaratnam, a director of accounting firm Citadelle Corporate Services, to send a false document… Read More
3rd September 2021
German prosecutors said Thursday they have charged six men over a spectacular heist in 2019 when more than a dozen diamond-encrusted artefacts worth over 100 million euros were snatched from a state museum. The suspects, all German nationals aged between 22 and 27 years old, are accused of aggravated gang… Read More
2nd September 2021
OCCRP – With the support of Interpol, French police has this year started cracking down on a Russian-speaking mob, the so-called Vory v Zakone or “Thieves-in-Law,” which often controls groups committing drug trafficking, extortion, contract murder and money laundering. The mob’s members come from countries of the… Read More