Florida Men Charged In $1 Billion Illegal Gold Scheme
MIAMI — It’s a nickname that most people wouldn’t want, but one man took pride in it.
Colombian Corruption Watchdog Charged In Miami For Money Laundering
MIAMI, FL — Colombia’s National Director of Anti-Corruption was himself charged with a corruption-related offense on Tuesday in Miami. U.S. prosecutors unsealed charges that accuse Luis Gustavo Moreno Rivera with laundering money with the intent to promote foreign bribery.
Kosher Money Laundering: Gemachim Not To Report Up To $50 Million To IRS
According to Globes, which got hold of a draft circular sent out recently by the Bank of Israel, said draft recommends several ways in which a provident fund (gemach, Gmilut Chessed in Hebrew) can be exempt from reporting to the US tax authorities.
US Accuses Chinese Company of Money Laundering For North Korea
HONG KONG – The U.S. has moved to seize nearly $2 million from a Chinese company that it says laundered money for North Korea.
US Says Hezbollah Associate Pleads Guilty To Money Laundering
A Lebanese man accused of trying to use his ties to Hezbollah to further a scheme to launder drug money pleaded guilty on Friday in a Brooklyn, New York federal court to a US money laundering conspiracy charge.
FBR Investigating Investment In Crypto-Curren
The FBR’s anti money laundering (AML) cell has launched investigation into the financial affairs of persons having massive investments in crypto-currencies, including bit-coins as it is being used allegedly for the purpose of money laundering.
Porsche Design Tower Tied To Brazilian Money-Laundering
Singer Alicia Keys headlined the grand-opening party for the Porsche Design Tower, an ultra-luxury condominium complex in Sunny Isles Beach built by Miami developers Michael and Gil Dezer.
New York Russian Money Laundering Trial Settled Suddenly
A money laundering trial scheduled to begin Monday in Manhattan Federal Court that prosecutors had said would lay out how millions of dollars was stolen from Russia and hidden in New York is suddenly settled.
Chinese Authorities To Use Facial Recognition Tech To Fight Money Laundering
The government of Macau has announced that facial recognition will be implemented at ATMs to confirm cardholders with China UnionPay.
Spain Orders Money Laundering Probe Against HSBC Executives
MADRID — Spain’s National Court said it is investigating seven current and former HSBC executives in the private banking business charged with money laundering and criminal organization.