#money-laundering

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fromwww.mercurynews.com
14 hours ago

Today in History: May 28, criminal charges filed in Liberty Reserve scheme

"On May 28, 2013, federal prosecutors charged seven individuals with operating Liberty Reserve, a significant money-laundering scheme, handling $6 billion for criminal activities worldwide."
US politics
#fraud
LA real estate
fromLos Angeles Times
2 months ago

Elderly victims targeted in bank and real estate schemes, police say. Two men arrested, one at large

Two men were arrested in Southern California for allegedly running a $10 million money laundering scheme targeting elderly victims.
NYC startup
fromIrish Independent
2 months ago

On-the-run Irishman arrested in New York accused of conning $850k from elderly woman

Elijah Gavin has been arrested for his role in a major home repair fraud scheme involving over $1 million in defrauded funds.
LA real estate
fromLos Angeles Times
2 months ago

Elderly victims targeted in bank and real estate schemes, police say. Two men arrested, one at large

Two men were arrested in Southern California for allegedly running a $10 million money laundering scheme targeting elderly victims.
NYC startup
fromIrish Independent
2 months ago

On-the-run Irishman arrested in New York accused of conning $850k from elderly woman

Elijah Gavin has been arrested for his role in a major home repair fraud scheme involving over $1 million in defrauded funds.
Canada news
fromThe Center Square
1 day ago

Feds bust Chinese-Canadian fraud ring operating in 37 states targeting seniors

A transnational fraud scheme targeting elderly citizens has resulted in 16 indictments, leading to over $5 million in losses.
Venture
fromwww.mercurynews.com
1 week ago

Northern California business man who used underwater scooter in lake to evade arrest pleads guilty to investment fraud

Matthew Piercey pled guilty to a multimillion-dollar fraud scheme, attempting to escape authorities by jumping into a lake with an underwater scooter.
more#fraud
#law-enforcement
Cryptocurrency
fromTechCrunch
2 months ago

Following takedown operation, Garantex invites customers to 'face-to-face' Moscow meeting | TechCrunch

Garantex is grappling with legal issues and access to funds following federal investigations and accusations of money laundering.
LA real estate
fromSFGATE
1 week ago

Utah Megamansion Raided by Federal Authorities Looking for Oil Tycoon Charged in $300 Million Scheme

Oil tycoon James Jensen and wife Kelly were arrested for laundering money and smuggling oil into the U.S., highlighting serious federal accusations.
UK news
fromwww.yourlocalguardian.co.uk
1 month ago

South London gang used Russia-Ukraine war to launder 6m for criminals

A trio was sentenced for laundering money through vehicle sales in the UK to fund operations in Ukraine, turning profits into cryptocurrency.
Cryptocurrency
fromTechCrunch
2 months ago

Following takedown operation, Garantex invites customers to 'face-to-face' Moscow meeting | TechCrunch

Garantex is grappling with legal issues and access to funds following federal investigations and accusations of money laundering.
LA real estate
fromSFGATE
1 week ago

Utah Megamansion Raided by Federal Authorities Looking for Oil Tycoon Charged in $300 Million Scheme

Oil tycoon James Jensen and wife Kelly were arrested for laundering money and smuggling oil into the U.S., highlighting serious federal accusations.
UK news
fromwww.yourlocalguardian.co.uk
1 month ago

South London gang used Russia-Ukraine war to launder 6m for criminals

A trio was sentenced for laundering money through vehicle sales in the UK to fund operations in Ukraine, turning profits into cryptocurrency.
more#law-enforcement
#cybercrime
Cryptocurrency
fromTechRepublic
2 months ago

Russian Crypto: Why Secret Service Seized Garantex

The U.S. Secret Service shut down Garantex, a Russian cryptocurrency exchange, to disrupt money laundering operations linked to cybercrime.
Cryptocurrency
fromTechCrunch
2 months ago

US charges admins of Garantex for allegedly facilitating crypto money laundering for terrorists and hackers | TechCrunch

U.S. indicts Garantex officials for money laundering and violating sanctions, linked to extensive criminal activities.
European startups
fromTechCrunch
2 months ago

Garantex administrator arrested in India under extradition law | TechCrunch

Aleksej Besciokov, co-founder of the Garantex cryptocurrency exchange, was arrested in India under extradition law linked to U.S. allegations of money laundering.
fromDatabreaches
1 week ago
Cryptocurrency

Additional 12 Defendants Charged in RICO Conspiracy for over $263 Million Cryptocurrency Thefts, Money Laundering, Home Break-Ins

fromWIRED
2 weeks ago
Cryptocurrency

An $8.4 Billion Chinese Hub for Crypto Crime Is Incorporated in Colorado

Cryptocurrency
fromTechRepublic
2 months ago

Russian Crypto: Why Secret Service Seized Garantex

The U.S. Secret Service shut down Garantex, a Russian cryptocurrency exchange, to disrupt money laundering operations linked to cybercrime.
Cryptocurrency
fromTechCrunch
2 months ago

US charges admins of Garantex for allegedly facilitating crypto money laundering for terrorists and hackers | TechCrunch

U.S. indicts Garantex officials for money laundering and violating sanctions, linked to extensive criminal activities.
European startups
fromTechCrunch
2 months ago

Garantex administrator arrested in India under extradition law | TechCrunch

Aleksej Besciokov, co-founder of the Garantex cryptocurrency exchange, was arrested in India under extradition law linked to U.S. allegations of money laundering.
Cryptocurrency
fromDatabreaches
1 week ago

Additional 12 Defendants Charged in RICO Conspiracy for over $263 Million Cryptocurrency Thefts, Money Laundering, Home Break-Ins

A cyber-enabled racketeering conspiracy involving 12 defendants has been charged, alleged to have amassed over $263 million.
Cryptocurrency
fromArs Technica
2 weeks ago

An $8.4 billion money launderer has been operating for years on US soil

The Xinbi Guarantee platform facilitated $8.4 billion in illicit transactions, primarily supporting Chinese-speaking scammers and various illegal activities.
Cryptocurrency
fromWIRED
2 weeks ago

An $8.4 Billion Chinese Hub for Crypto Crime Is Incorporated in Colorado

Xinbi Guarantee facilitated over $8.4 billion in illicit transactions on Telegram before account removal.
more#cybercrime
#wire-fraud
Film
fromEntrepreneur
2 months ago

Filmmaker Charged With Stealing Millions From Netflix | Entrepreneur

Filmmaker Carl Rinsch was arrested for allegedly stealing $55 million from Netflix intended for a sci-fi series.
Rinsch used Netflix investment funds for personal expenses including luxury cars and failed investments.
fromsfist.com
1 month ago
NYC startup

Man Convicted Of Defrauding Bay Area Investors Over Fake Space Tech Company For A Mere $50K

Film
fromEntrepreneur
2 months ago

Filmmaker Charged With Stealing Millions From Netflix | Entrepreneur

Filmmaker Carl Rinsch was arrested for allegedly stealing $55 million from Netflix intended for a sci-fi series.
Rinsch used Netflix investment funds for personal expenses including luxury cars and failed investments.
fromsfist.com
1 month ago
NYC startup

Man Convicted Of Defrauding Bay Area Investors Over Fake Space Tech Company For A Mere $50K

more#wire-fraud
fromwww.cbc.ca
2 weeks ago

58 pairs of Manolo Blahniks among hundreds of items seized at lawyer couple's home amid fraud probe | CBC News

A Toronto lawyer couple, Singa Bui and Nicholas Cartel, are under investigation for theft and money laundering involving over $7 million from client funds.
Law
#legal-proceedings
more#legal-proceedings
#financial-crime
more#financial-crime
#trump-administration
fromwww.mercurynews.com
1 month ago
Privacy professionals

A new Trump administration rule aims to combat money laundering. A California woman says it will put her out of business.

fromwww.mercurynews.com
1 month ago
Privacy professionals

A new Trump administration rule aims to combat money laundering. A California woman says it will put her out of business.

more#trump-administration
US news
fromwww.nytimes.com
1 month ago

Texas Lottery Director Resigns Amid Scrutiny of Rigged 2023 Draw

The Texas State Lottery's executive director resigned amid a scandal involving European bettors purchasing millions of tickets.
Miami food
fromMiami Herald
1 month ago

South Florida man pleads guilty to money laundering after wife's brutal murder

Miguel Aguasvivas' guilty plea highlights a connection between his wife's carjacking murder and his involvement in a money-laundering conspiracy.
London startup
fromTheregister
1 month ago

UK convicts five scammers who preyed on widowed for 3.25M

Romance scammers in the UK were convicted of laundering £3.25 million, exploiting victims seeking online relationships.
#corruption
Europe news
fromTheregister
2 months ago

Belgian cops raid Huawei in European bribery probe

Belgian authorities are investigating Huawei for potential corruption, including money laundering and bribery.
FC Barcelona
fromESPN.com
2 months ago

Super Cup probe: Judge questions Gerard Pique

Gerard Piqué is being investigated for potential corruption related to the Super Cup's hosting deal in Saudi Arabia.
fromwww.amny.com
5 months ago
Miscellaneous

Ingrid Lewis-Martin indicted along side son, real estate developers on bribery and money laundering charges | amNewYork

fromIndependent
1 month ago
UK news

Gardai on the trail of Madrid drug millions probe Irish company linked to Spanish royal and Russian reality star

Europe news
fromTheregister
2 months ago

Belgian cops raid Huawei in European bribery probe

Belgian authorities are investigating Huawei for potential corruption, including money laundering and bribery.
FC Barcelona
fromESPN.com
2 months ago

Super Cup probe: Judge questions Gerard Pique

Gerard Piqué is being investigated for potential corruption related to the Super Cup's hosting deal in Saudi Arabia.
fromwww.amny.com
5 months ago
Miscellaneous

Ingrid Lewis-Martin indicted along side son, real estate developers on bribery and money laundering charges | amNewYork

fromIndependent
1 month ago
UK news

Gardai on the trail of Madrid drug millions probe Irish company linked to Spanish royal and Russian reality star

more#corruption
US politics
fromNew York Post
1 month ago

Elon Musk calls for arrest of 'fake NGO' leaders - claiming they're part of 'uniparty' engaged in 'giant money laundering scheme'

Elon Musk calls for legal accountability for NGOs he deems corrupt, linking them to political funding and taxpayer money misuse.
London
fromwww.nytimes.com
1 month ago

Investigating a Sprawling Money Laundering Network

Investment in investigative journalism unveils intricate money laundering networks.
The motivations behind the investigation stem from curiosity and tips about criminal activities in Southeast Asia.
fromwww.aljazeera.com
2 months ago

Panama approves embattled ex-President Martinelli's passage to Nicaragua

Panama's government has approved safe passage for embattled former President Ricardo Martinelli to leave for Nicaragua, citing health concerns despite his conviction for money laundering.
World news
Poker
fromCardplayer
2 months ago

Nevada Regulators Hand Out Second-Largest Fine Ever To Las Vegas Strip Casino

Resorts World will pay $10.5 million in fines for regulatory violations linked to illegal gambling activities involving bookies at the casino.
#cryptocurrency
Cryptocurrency
fromTechCrunch
2 months ago

Hackers launder most of Bybit's stolen crypto worth $1.4 billion | TechCrunch

North Korean hackers stole $1.4 billion in Ethereum from Bybit, marking a record-breaking cryptocurrency theft.
The stolen funds were primarily converted to Bitcoin and moved across multiple addresses, complicating tracking.
Cryptocurrency
fromTechCrunch
2 months ago

Hackers launder most of Bybit's stolen crypto worth $1.4 billion | TechCrunch

North Korean hackers stole $1.4 billion in Ethereum from Bybit, marking a record-breaking cryptocurrency theft.
The stolen funds were primarily converted to Bitcoin and moved across multiple addresses, complicating tracking.
more#cryptocurrency
fromwww.theguardian.com
2 months ago

MPs think they may have been targets of disinformation' over Bangladesh inquiry

Mansur, a former IMF official, stated, "I believe that people under investigation for money laundering are trying to diminish my reputation and target me in various ways."
UK news
fromThe Art Newspaper - International art news and events
2 months ago

Latest round of money laundering penalties hit UK trade

Among those listed are the galleries Opera, Carl Kostyál and White Cube. The fines outlined were issued between 1 January 2024 and 30 September 2024, with AMP penalties averaging above £3,000 and reaching as high as £13,000, all for failing to apply for registration by the June 2021 deadline.
Privacy professionals
fromIndependent
2 months ago

Former hockey international Caitriona Carey appears in court on money laundering charges

Former Ireland hockey international Caitriona Carey faces money laundering charges in Dublin Circuit Criminal Court, with three offences alleged from 2019 to 2021.
UK news
UK news
fromIndependent
2 months ago

Woman who was splurging on designer goods while on Pandemic Unemployment Payment jailed for money laundering

A pregnant woman in Dublin was jailed for money laundering over €30,000 while receiving unemployment benefits.
#banking
DC food
fromFast Company
2 months ago

TD Bank is closing dozens of branches across 10 states: Here's the full list of doomed locations

TD Bank to close 37 branches across 10 states and D.C. to streamline operations and adapt to customer habits.
Boston food
fromBoston.com
2 months ago

TD Bank to shutter 16 New England branches, including 6 in Mass.

TD Bank is closing branches in response to penalties for lax anti-money laundering practices.
more#banking
UK news
fromwww.romfordrecorder.co.uk
2 months ago

East London man jailed for role in 190 million cocaine smuggling plot

Devlin and Byrne were sentenced for orchestrating drug smuggling using encrypted communication, revealing an extensive network for cocaine trafficking.
UK news
fromwww.independent.co.uk
2 months ago

Briton held without trial in India refuses to be bailed to unsafe' Delhi streets

Christian Michel James refuses bail in India due to alleged safety concerns, preferring to remain in prison over possible threats to his life.
Miami Marlins
fromMiami Herald
2 months ago

Feds break up Homestead mother-son team who ran $37 million mini-bank out of home

A mother-son team ran a $37 million illegal check-cashing operation linked to construction businesses hiring illegal immigrants.
The operation featured significant financial misconduct and manipulation of legal frameworks to facilitate undocumented worker payment.
Miscellaneous
fromsfist.com
3 months ago

AG Rob Bonta Facing Questions After Taking Campaign Donations From Casino His Office Was Investigating

Bonta took a large campaign contribution from a casino his office was investigating for money laundering, raising ethical red flags.
Miscellaneous
fromeuronews
5 months ago

Spain busts international crime ring for alleged car import tax scam

An international crime network behind a €17 million VAT fraud scheme on luxury cars has been dismantled, with 30 arrests made.
fromSun Sentinel
5 months ago

Former South Florida congressman indicted in lobbying case

The indictment, issued Tuesday, alleges that Rivera, a Miami Republican, violated a law known as the Foreign Agents Registration Act in 2019 and 2020 as he provided consulting and lobbying services in the U.S. for businessman Raul Gorrin. Rivera received over $5.5 million for these activities and willfully failed to register under FARA as required by law.
Miami
Video games
fromGameSpot
5 months ago

Pokemon Cards Are Reportedly Being Used To Launder Money By The Japanese Mob

The pandemic significantly changed the collectibles market, with criminals using Pokemon cards for money laundering due to their portability and demand.
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