#money-laundering

#money-laundering

Antonietta Nguyen has been sentenced to 36 months in federal prison for her role in orchestrating multiple fraud schemes against ABS Seafood, Inc., a major seafood wholesaler in San Francisco where she had previously served as chief financial officer. U.S. District Judge Susan Illston sentenced Nguyen on Nov.14. She was convicted in June of 12 felony counts, following her arrest in June 2023.

Linda Sun stands accused of being a Chinese agent. She previously served as a high-ranking official at the Chinese Consulate in New York and as an aide to two New York governors, Kathy Hochul and Andrew Cuomo. Sun and her husband, Chris Hu, are charged with money laundering and fraud. Their trial, which will take place in Brooklyn, New York, centers on their alleged years-long work as agents for China.

A former aide to New York Governors Kathy Hochul and Andrew Cuomo is on trial facing charges she acted as an undisclosed agent to the Chinese government in exchange for millions of dollars in business transactions and benefits secured through Chinese officials. Sun is accused of political activities intended to influence the public on China's behalf, and committing wire and visa fraud, money laundering and other financial crimes in procuring a bounty from the Chinese government.

The U.S. Treasury Department's crackdown on Mexican drug trafficking finances has now expanded to include a network of luxury restaurants and casinos in Mexico. The Office of Foreign Assets Control (OFAC) announced Thursday that, in a joint operation with Mexico, it has sanctioned 27 companies accused of allegedly laundering money on behalf of the Sinaloa Cartel. In the crosshairs are businesses owned by the Hysa group in Mexico, Canada, and Poland,

A Samourai Wallet developer was sentenced Thursday to five years in prison for operating a crypto mixing service prosecutors say laundered $237 million in illicit funds. Keonne Rodriguez, the CEO of Samourai Wallet, received the statutory maximum from U.S. District Judge Denise Cote of the Southern District of New York, following an hour-long hearing in Manhattan, according to journalist Frank Corva.

The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea's global financial network for laundering money for various illicit schemes, including cybercrime and information technology (IT) worker fraud. "North Korean state-sponsored hackers steal and launder money to fund the regime's nuclear weapons program," said Under Secretary of the Treasury for Terrorism and Financial Intelligence John K. Hurley.

Abdullah At Taqi, 26, was found guilty on all three counts of an indictment charging him and co-defendant Mohammad David Hashimi with conspiring and attempting to provide support to the designated foreign terrorist organization and conspiring to launder money. The defendants collectively sent thousands of dollars in cryptocurrency and wire transfers to a self-proclaimed ISIS member. "The defendants used Bitcoin. PayPal and GoFundMe to fund ISIS's deadly mission," U.S. Attorney for the Eastern District of New York Joseph Nocella said.

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,

It's absolutely true there were UN-affiliated organizations that enable a lot of this mass migration but they also have been very permissive about money laundering in the movement of illicit chemicals. The fentanyl pandemic in the United States is tied to a lot of these kinds of movements. Took my daughter and 500,000 other sweet children out of our country.

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.