#money-laundering

#money-laundering

Cuba has arrested an alleged Chinese fentanyl kingpin who escaped custody in Mexico in July and is also wanted by the US, Mexican security sources told AFP on Wednesday. Zhi Dong Zhang, known by the alias Brother Wang and with alleged ties to Mexico's Sinaloa and Jalisco New Generation drug cartels, will remain in Cuba awaiting a decision on his possible extradition, the sources added.

In July, the High Court granted Patrick Lawlor and his wife, Leonie, free legal aid to challenge Cab's case against them A convicted bagman for an organised crime gang has asked the High Court for more free legal aid in order to have a quantity surveyor value his home as he fights a Criminal Assets Bureau (Cab) bid to seize the property.

Khan and her husband Khurram played a major role in a multi-million euro international fraud and used companies in Ireland to launder the criminal cash

Queens District Attorney Melinda Katz announced the indictments of Kareem Reeves, 36, and Michael Robertson, 35, following a multi-year investigation by the DA's Major Economic Crimes Bureau, the U.S. Department of Labor, the U.S. Postal Inspection Service, the New York State Department of Labor, and the NYPD Financial Crimes Task Force. Prosecutors allege that Reeves filed fraudulent unemployment insurance applications in the names of 42 victims across 11 states, netting approximately $655,706 and attempting to steal another $59,590.

In February 2022, the victim allegedly asked Brown to be the trustee of their trust, which held their approximately $700,000 settlement from the accident. Brown allegedly had exclusive control over the victim's money and was required as trustee to use it for the victim's "health, support and maintenance," according to prosecutors. Brown later allegedly fell victim to a scammer pretending to be in an online relationship with him,

Canada's financial intelligence agency has fined the Canadian National Exhibition Casino $199,000 for failure to comply with money laundering and terrorist financing risk assessment and documentation rules. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced the penalties for two administrative violations by the CNE Casino in a public notice on its website on Thursday. The penalties were imposed after the CNE Casino indicated staff would report any high-risk transactions to an appointed compliance officer, the agency said.

The police action resulted in the seizure of 180,000 for a special edition Aston Martin, obtained through tax evasion and money laundering.

Daniel Elie Bouaziz was sentenced to prison for money laundering after his Palm Beach gallery sold forgeries of famous artists like Georgia O'Keeffe and Banksy, aided by fake documents.

Gugnin allegedly facilitated over $530 million in transactions for Russian clients linked to sanctioned banks, employing Tether to circumvent US sanctions and export controls.

Standard Chartered Plc is facing a $2.7 billion lawsuit from liquidators alleging it played a role in enabling the laundering of billions of dollars misappropriated from Malaysian sovereign wealth fund 1MDB.