Jurisdictions

Featured Jurisdictions

JPMorgan faces oil bribery probe in Brazil

Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed by Reuters and two law enforcement sources. So far, police have focused their attention on… Read More

1MDB Casts Shadow on Ex-Swiss Bank CEO’s Money-Laundering Trial

The former boss of a defunct Zurich private bank that was mired in the multibillion-dollar 1MDB scandal faces a trial next week accused of money laundering for a Gulf businessman convicted in the affair. Eduardo Leemann, who denies any wrongdoing, is set to appear at Switzerland’s Federal Criminal Court… Read More

Treasury Department sanctions 8 members of the notorious Sinaloa drug cartel, which was once run by ‘El Chapo’

The Biden administration imposed sanctions Wednesday on eight members of the notorious Mexican Sinaloa cartel, largely recognized as the most powerful drug trafficking organization in the Western Hemisphere. The Treasury Department designated Sergio Valenzuela Valenzuela, 52, for his role overseeing a major drug trafficking corridor where “multi-ton quantities of illicit… Read More
23rd September 2021
The European Union will make an official proposal to deny companies tax benefits linked to the use of shell entities, a top tax official said Wednesday. The EU loses between 30 and 70 billion euros ($35-$82 billion) to corporate tax avoidance each year, said Gerassimos Thomas, director general taxation and… Read More
23rd September 2021
By Damiir Beslija, OCCRP, 23 September 2021 OCCRP — The Department of Justice last week announced criminal charges against 138 doctors, nurses and licenced medical professionals for their alleged involvement in fraud schemes worth around US$1.4 billion. Authorities accused 43… Read More
23rd September 2021
Nearly three tonnes of heroin with a street value of $2.7bn (£2bn) from Afghanistan have been seized from a western Indian port in a major bust, officials said. Two Indians were arrested after the heroin, which was kept in two containers… Read More
23rd September 2021
UK Finance today releases its latest fraud report covering the first half of 2021. This report shows the scale of fraud taking place as well as demonstrating how criminals have shifted their focus to exploit weaknesses outside the banking system. Changing nature of fraud In previous years the largest… Read More
22nd September 2021
The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect themselves from them. Deputy Treasury Secretary Wally Adeyemo told reporters that the sanctions would be imposed on Suex, a cryptocurrency transferring… Read More
22nd September 2021
Abel Bautista looked out at the vast pastures around him and frowned. “Once,” he said, “there were lines of people here for the harvest.” Now, instead of coffee, these verdant hills near the Honduran border with Guatemala boast few trees and almost none of the eager workers, like him, who… Read More
22nd September 2021
Iran wants to resume nuclear talks with world powers that would lead to removal of U.S. sanctions, Iranian President Ebrahim Raisi told the annual U.N. General Assembly on Tuesday as negotiations about reinstating a 2015 nuclear pact have stalled. “The Islamic Republic considers the useful talks whose ultimate outcome is… Read More
22nd September 2021
A number of New Zealanders arrested in one of the biggest global crackdowns on organised crime face a raft of new drug charges, including supplying methamphetamine across the North Island and carrying out a money laundering transaction of $1 million. Police have filed fresh charges against eight people who appeared… Read More
22nd September 2021
Five people have been arrested in dawn raids after a luxury yacht was stopped with 2.3 tonnes of cocaine on board. The National Crime Agency (NCA) said four men aged between 28 and 57 and one woman aged 53 were held on suspicion of conspiracy to supply Class A drugs… Read More
21st September 2021
By Scott Pham, Buzzfeed News, 20 September 2021 Buzzfeed News — One year ago today, BuzzFeed News and the International Consortium of Investigative Journalists published the FinCEN Files, the largest reporting project ever undertaken, which revealed how terrorists, kleptocrats, and organized criminals laundered enormous sums of… Read More