Predicate Crimes
6th October 2021
Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi’s alleged failure to check if the millions of ringgit of purported “donations” received were from lawful or illegal sources is quite similar to the situation in former prime minister Datuk Seri Najib Razak’s criminal case, the High Court heard today. The… Read More
5th October 2021
AP — Britain’s Conservative government is facing calls to tighten the country’s defenses against “dirty money” after a massive leak of offshore data showed how London, in particular, is the destination of choice for some of the world’s richest and most powerful people to conceal their cash. Read More
5th October 2021
The police searches were conducted at the request of Zürich’s cantonal public prosecutor earlier this week. The prosecutor has opened a criminal investigation into Greensill’s activities and the way in which Credit Suisse funds that financed the British firm’s contentious lending schemes were managed and marketed, according to two people… Read More
5th October 2021
By Miranda Patrucic, Ilya Lozovsky, Kelly Bloss, and Tom Stocks, OCCRP, 3 October 2021 OCCRP — For centuries, London has been one of the world’s top destinations for shopping, dining, and good living. And a development boom over the last few decades has only expanded the range… Read More
5th October 2021
he job advert seemed timely. It offered between £500-£1,000 a week to work from home as an agent for cryptocurrency transactions. Lauren*, 21, was heavily in debt after a period of unpaid sick leave and leapt at the chance to rebalance her finances. “It had been promoted on social media… Read More
4th October 2021
A massive leak of financial documents was published by several major news organizations on Sunday that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin. The dump of more than 11.9 million records,… Read More
4th October 2021
For the Australian accountant Graeme Briggs, the meeting proved productive. It was September 2014 and Briggs was in Zurich on one of his frequent tours of Europe to drum up business for Asiaciti Trust, the Singaporean offshore services group he had founded in 1978. Briggs was at offices in an… Read More
4th October 2021
The executive secretary of the Financial Action Task Force has resigned his position while raising questions about the ability of the intergovernmental group’s secretariat to operate independently. In a Sept. 23 letter obtained by ACAMS moneylaundering.com, David Lewis, who has served as the global anti-money laundering standard setter’s most senior… Read More
1st October 2021
The former French president Nicolas Sarkozy has been sentenced to a second jail term after being found guilty of illegal campaign financing for the vast, showman-style political rallies of his failed 2012 re-election campaign. The 66-year-old, who remains an influential figure on the French right, received a… Read More
1st October 2021
Prosecutors in Switzerland and abroad are investigating Swiss banking links to a range of alleged money-laundering and tax-evasion offences from Europe to South America, Asia, the Middle East and Africa (click on box below). Recently uncovered suspicious transaction reports, made to the US Financial Crimes Enforcement Network (FinCEN), show Swiss… Read More