Money Laundering
9th September 2016
WEBB, the former president of CONCACAF, pleaded guilty to racketeering, wire fraud and money laundering last year, following a police investigation. Read More
9th September 2016
In fresh trouble for former Haryana Chief Minister Bhupinder Singh Hooda, the ED has registered a money laundering case against him and others in a case of alleged financial irregularities in acquisition of land in Gurgaon’s Manesar in which farmers were cheated to the tune of Rs. 1,500 crore. Read More
9th September 2016
Quebec’s securities regulator is showing more of its cards in the case involving David Baazov, the former CEO of online gambling giant Amaya Inc., saying it uncovered a kickback scheme for stock tips on impending takeovers and is investigating related money laundering through a religious organization. The Autorité des marchés… Read More
9th September 2016
Kuala Lumpur City Hall project management executive director Datuk Seri Syed Efendy Ali Syed Abid Ali was today charged in the Sessions Court on 18 counts of money-laundering, accepting bribes and obtaining assets worth millions of ringgit. Syed Affendy 54, claimed trial to nine charges of accepting bribes and obtaining… Read More
8th September 2016
The flash and arrogance that made Alan Koslow one of South Florida’s most effective lawyers were mostly under wraps Thursday when he pleaded guilty to a money-laundering conspiracy charge. And Koslow seemed resigned to the fact that he will almost certainly spend some time in federal prison. “I’m at the… Read More
8th September 2016
Finance Minister Ishaq Dar has taken a strong exception to the statement of PTI Chairman Imran Khan wherein he had accused the FBR chairman of money laundering for PM Nawaz Sharif. The minister, in a statement issued here on Wednesday, termed the allegations as totally false and fabricated, saying Imran… Read More
8th September 2016
Players in the Nigerian banking sector have been asked to make judicious use of the benefits of Information and Communications Technology (ICT) in their commitment to help the federal government fight the menace of money laundering in the country. President Muhammadu Buhari made the statement yesterday at the 10th Banking… Read More
8th September 2016
Seven months after $81-million of its funds was stolen in a cross-border money laundering scheme in February, Bangladesh has taken the first legal step to claim at least $15 million. On behalf of Dhaka, the Department of Justice (DOJ) has filed for claims to have the money returned to Bangladesh. Read More
8th September 2016
Former state assemblyman Tom Calderon of Montebello made nearly $1 million between 2013 and 2015, but he doesn’t have enough money to pay a fine as part of his sentence for pleading guilty to one count of money laundering, according to a presentencing report that will go to U.S. District… Read More
7th September 2016
A San Diego lawyer has been sentenced to five years in prison after pleading guilty last year to using lawyer trust accounts to hide the source of $12 million later sent to international destinations. Lawyer Richard Medina Jr., 40, was sentenced on Tuesday, report the San Diego Union-Tribune and… Read More