Posts

Man Pleads Guilty To International Money Laundering In Manhattan Federal Court

Acting U.S. Attorney Joon H. Kim announced Monday a man who led an international money laundering business pleaded guilty in Manhattan federal court. Read more

Florida Attorney Richard Colbert Gets Prison Time

A former Gulf Breeze attorney has been sentenced to more than three years in prison and ordered to pay $3.7 million in restitution for fraud and embezzlement. Read more

Azerbaijan Hits Out At International Press That Reported Money Laundering Network

The government of Azerbaijan responded angrily to revelations that it ran a secret $2.9 billion fund which was used to pay prominent Europeans, run lobbying operations, and launder money via a group of opaque British companies. Read more

$3 Billion Azerbaijani Money Laundering and Lobbying Scheme Exposed

Azerbaijan was accused of running a 2.5 billion euro ($3 billion) scheme to pay off European politicians, launder money and buy luxury goods, allegations that prompted the government to block an investigative-reporting project’s website. Read more

Kazakh Prosecutors Seek ‘Freedom Limitation’ For Independent Journalist Accused Of Money Laundering

Kazakhstan – Prosecutors in the high-profile trial of a Kazakh journalist known for his criticism of the government is seeking four years of “freedom limitation” a suspended sentence with parole-like restrictions for the defendant. Read more

Three El Al Employees Arrested For Fraud, Money Laundering

Following a protracted investigation, police have announced the arrests of three unidentified Romania and Poland-based El Al employees accused of multiple fraud, money laundering and tax offenses between the years 2008 and 2013. Read more

Reports of Money Laundering On The Rise In Israel

Reports of fraudulent monetary transactions in Israel and abroad have skyrocketed in the past five years, the Ministry of Justice announced on Tuesday. Read more

3 Busted In $100 Million Money Laundering Scheme

NEW JERSEY – Authorities say a massive money laundering scheme was busted. The investigation out of South Jersey was nine months in the making. Read more

Why Isn’t US Treasury’s Real Estate Crackdown Permanent?

The US Treasury Department’s announcement that it yet again extended a program to thwart money laundering by Russians and other foreigners through luxury US real estate begs the question: why isn’t it permanent? Read more

Australia’s Largest Bank Looks For New Boss Amid Money-Laundering Claims

Australia’s largest bank has confirmed that it is on the lookout for a new boss, weeks after it was accused of breaching money laundering and terrorism financing laws more than 53,000 times. Read more