Posts

Kalonzo Muyoka Money Laundering Exposed

The government has frozen the accounts of the Kalonzo Musyoka Foundation. Read more

Malta Scandal Exposes New Zealand Trusts Again

A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev. Read more

US Feared For Safety of Nikolai Gorokhov

A Russian lawyer investigating an alleged $230 million money-laundering scheme nearly died in March after he fell from his fourth floor apartment in Moscow. Read more

DOJ Indict Bank Manager, Several Others For Bangladesh Bank Heist

The Department of Justice (DOJ) has resolved to indict several individuals for money laundering in connection with the $81-million Bangladesh Bank (BB) heist in February 2016, including a former manager of the Rizal Commercial Banking Corporation (RCBC), and owners of remittance firm Philrem Corporation. Read more

Florida Lawmakers Want Bitcoin Covered Under Money Laundering Law

Florida lawmakers want virtual currencies like bitcoin covered under the state’s money-laundering statute, a change that supporters claim would ensure criminals cannot use Internet-based currencies to conceal financial activities, according to The Miami Herald. Law enforcement officials support the measure but some bitcoin enthusiasts say it will undermine bitcoin. Read more

Man At Center of A Billion-Dollar Gold Racket Won’t Be Going Anywhere Before Trial

A businessman at the center of an alleged multibillion-dollar money-laundering operation involving gold smuggled from South America to Miami will remain in custody until his trial, a federal judge ruled Thursday. Read more

Vijay Mallya Could Fight Extradition on Political Grounds

LONDON: Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, a legal expert said today. Read more

Liquor Baron Vijay Mallya Gets Arrested In London

NEW DELHI—British police have arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Read more

Fugitive Mexican Politician Wanted on Organised Crime Charges Held In Guatemala

A former Mexican governor accused of mishandling millions of dollars from programs for the poor was arrested Saturday in Guatemala, according to the Mexican attorney general’s office. Read more

Miami Man In Middle of Billion-Dollar Gold-Smuggling Case Fights For Release Before Trial

In mid-March Juan Granda was summoned from Colombia to Miami to attend a meeting with his employer, a precious metals refinery. Read more