Israeli billionaire Beny Steinmetz, prominent political consultant Tal Silberstein and four other businessmen were arrested Monday over allegedly using fake contracts to move and launder money.
The acting chairman of the Bezeq telecommunications giant and an adviser to Austrian Chancellor Christian Kern were among those detained as part of a large investigation into money laundering allegations that also netted Israeli diamond mogul Beny Steinmetz Monday, according to officials and media reports.
The Royal Bank of Scotland (RBS) disclosed Friday that it is under investigation by the UK’s Financial Conduct Authority for suspicions of money laundering “in relation to certain customers.”
FOREIGN criminal syndicates including major drug traffickers were able to launder millions of dollars through Australia after the Commonwealth Bank allegedly failed to comply with strict money laundering and counter terrorism financing laws and monitor almost 780,000 accounts.
Romania’s National Anticorruption Directorate (DNA) decided on Monday to indict Serghei Bulgac, the CEO of Digi Communications, one of the biggest telecom groups in Romania.
Gulnara Karimova, the eldest daughter of late Uzbek former president Islam Karimov, has been remanded in custody following a 2015 conviction for extortion and embezzlement and is being investigated for more crimes, the Uzbek Prosecutor General’s office said on Friday.
Uzbekistan said today that it has jailed the eldest daughter of late president Islam Karimov, Gulnara Karimova – once a prominent socialite, fashion designer and singer – after charging her with massive fraud and money laundering.
Jared Kushner, the son-in-law of Donald Trump, who acts as his senior White House adviser, secured a multimillion-dollar Manhattan real estate deal with a Soviet-born oligarch whose company was cited in a major New York money laundering case now being probed by members of Congress.
A total of 14 people were charged for their alleged roles in a $147 million stock manipulation scheme involving publicly traded companies on Wednesday.
HSBC, one of the biggest banks in the world, won a major victory on Wednesday when a New York federal appeals court reversed a lower court’s decision to release a potentially damaging report detailing the bank’s money-laundering practices.