Jurisdictions
18th October 2021
The University of Cambridge has broken off talks with the United Arab Emirates over a record £400m collaboration after claims about the Gulf state’s use of controversial Pegasus hacking software, the university’s vice-chancellor has said. By Richard Adams, Georgia Goble and Nick Bartlett, The Guardian, 14 October 2021 Read more… Read More
15th October 2021
At booths lining the walkways, sloth paws are stored in jars next to dried herbs, and yellow-footed turtle meat lies alongside chicken breasts. A leopard skin drapes above a stall, like a rug drying on a laundry rack. Handicrafts sit atop tables in rows, as do bottles of pink dolphin… Read More
15th October 2021
By Henry Pope OCCRP, 14 October 2021 OCCRP — A former chief executive officer (CEO) of Braskem S.A., a Brazilian petrochemical company, was sentenced in a New York court on Tuesday to 20 months in prison for his role in a conspiracy to use US$250 million of his… Read More
15th October 2021
Five people have been arrested in Melbourne following an investigation linked to one of Australia’s largest ever alleged money laundering operations. Read more at The Age RiskScreen: Eliminating Financial Crime with Smart Technology… Read More
15th October 2021
Matis Mäeker, recently appointed head of Estonia’s anti-money laundering government agency believes Estonia should scrap its current crypto regulations and start again, he said in an interview with the local news outlet Eesti Ekspress. By Anna Baydakova, CoinDesk, 13 October 2021 Read more at CoinDesk RiskScreen:… Read More
14th October 2021
Police in China’s southwest region busted a group that was using cryptocurrencies to launder stolen money, which involved 800 million yuan (US$124 million), according to local media. Authorities in Zunyi, a city in China’s Guizhou province, were on the case for two months, following a directive from the State Council,… Read More
14th October 2021
Federal Investigation Agency (FIA) on Tuesday traced those involved in hoarding of $163 million in a structured manner. In an attempt to curb rising dollar rate against local currency, the FIA launched a crackdown against those involved in hoarding of dollars. The traders of hawala/hundi have also come under the… Read More
14th October 2021
The U.S. Department of Justice (DOJ) announced Tuesday that the owners of a cryptocurrency company have pleaded guilty to tax evasion. Bitqyck founders Bruce Bise and Samuel Mendez were charged with tax evasion in August. Bise pleaded guilty on Sept. 9 and Mendez pleaded guilty Tuesday morning. By Kevin Helms,… Read More
14th October 2021
By Maria Fernanda Ramirez, InSight Crime, 12 October 2021 InSight Crime — Six years after investigators in Peru took down a massive timber trafficking operation that shipped millions of dollars’ worth of illegal hardwood, more than 90 people have been indicted and a US importer has been… Read More
13th October 2021
The UAE is developing a new law that will further regulate fundraising and donations for charity in the country to tackle money laundering. The legislation – or the ‘Fundraising Regulatory Law’ – will apply to non-government organizations soliciting funds in the country, according to a senior government official. By Jennifer… Read More