Meth trafficking & laundering the proceeds leads to 16 years in prison
Department of Justice U.S. Attorney’s Office Western District of Wisconsin FOR IMMEDIATE RELEASE Tuesday, October 18, 2022 Arizona Man Sentenced to 16 Years for Methamphetamine Trafficking & Money...
View ArticleGuilty plea for laundering COVID-19 Relief Fraud
Department of Justice U.S. Attorney’s Office District of Nevada FOR IMMEDIATE RELEASE Friday, October 14, 2022 Nevada Man Pleads Guilty For COVID-19 Relief Fraud Scheme And Money Laundering LAS VEGAS...
View ArticleRecent Luxembourg CSSF fraud & unauthorized firm warnings
Warning concerning the website www.altimatrade.pro Warning concerning the website https://www.uni-commerces.com/ Warning regarding the activities of an entity named Cambridge Commodities International...
View Article25 years in jail for Georgia fraudster & money launderer
Department of Justice U.S. Attorney’s Office Northern District of Georgia FOR IMMEDIATE RELEASE Monday, October 3, 2022 Georgia man who laundered millions from romance scams, Business Email...
View ArticleFormer Bolivian Minister pleads to laundering bribery proceeds
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, October 20, 2022 Former Government of Bolivia Minister Pleads Guilty to Conspiracy to Launder Proceeds of Bribery Scheme...
View ArticleClik here to view.
The Nth time is the charm? FinCEN renews and expands the Real Estate GTOs…
FinCEN Renews and Expands Real Estate Geographic Targeting Orders Contact Office of Strategic Communications,press@fincen.gov Immediate Release October 26, 2022 WASHINGTON—The Financial Crimes...
View ArticlePhilly Guy gets 3 years’ probation for money laundering & online fraud
Department of Justice U.S. Attorney’s Office District of New Jersey FOR IMMEDIATE RELEASE Monday, October 3, 2022 Philadelphia Man Sentenced to Three Years of Probation for Role in Scheme to Launder...
View ArticleClik here to view.
New Zealand FMA: InvestNow gets a warning
FMA warns InvestNow for AML/CFT deficiencies and failures SHARE THIS Media ReleaseMR No. 2022 – 42 The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has issued a formal warning to...
View ArticleClik here to view.
October 28, 2022: AUSTRAC issues TBML guide
Preventing trade-based money laundering in Australia This guide provides indicators and behaviours to help financial service providers, particularly those engaged in trade financing, to detect and...
View ArticleOctober 28, 2022: Finanstilsynet issues multiple reports on compliance with...
Statement on investigation of Danske Bank A/S’ handling of EU sanctions against Russia and BelarusSubject:2022, Assessments, Financial institutions, Money laundering area In March 2022, the Danish...
View ArticleWhile we’re at it: October 2022 Finanstilsynet AML Inspection Reports
Report on inspection in Norðoya Sparikassi (laundry area)Subject:2022, Assessments, Financial institutions, Money laundering area On 6 May 2022, the Danish Financial Supervisory Authority inspected...
View ArticleOctober 28, 2022: National Bank of Georgia fines Smart Finance 11,000 Lari
THE MONETARY FINE WAS IMPOSED ON MICROFINANCE ORGANIZATION “SMART FINANCE” (I.N. 212918976) The monetary fine of 11 000 (Eleven Thousand) GEL was imposed on microfinance organization “Smart Finance”...
View ArticleClik here to view.
FinCEN releases analysis of ransomware in BSA filings
FinCEN Analysis Reveals Ransomware Reporting in BSA Filings Increased Significantly During the Second Half of 2021 Immediate Release November 01, 2022 WASHINGTON—The Financial Crimes Enforcement...
View ArticleFINMA publishes partially revised AML/CFT ordinance
News 02 November 2022 Press release 2022 Combating money laundering FINMA publishes partially revised FINMA Anti-Money Laundering Ordinance The Swiss Financial Market Supervisory Authority FINMA has...
View ArticleLet’s go to the video: FINTRAC shows you how to verify client identities
FINTRAC’s video series on methods to verify the identity of a client FINTRAC publishes the first of a series of videos on prescribed methods that can be used to verify the identity of a person or an...
View ArticleIndictment for money laundering for South Africa organized crime group
Department of Justice U.S. Attorney’s Office District of New Jersey FOR IMMEDIATE RELEASE Friday, October 7, 2022 Monmouth County Man Indicted for Laundering Money for Black Axe in South Africa...
View ArticleFederal Reserve Board terminates Agricultural Bank of China Cease and Desist...
Press Release November 03, 2022 Federal Reserve Board announces termination of enforcement action with Agricultural Bank of China and Agricultural Bank of China, New York Branch For release at 11:00...
View ArticleRewards for Justice: $5 million for info on financial supporter of DPRK...
Rewards for Justice – Reward Offer for Information on Kwek Kee Seng MEDIA NOTE OFFICE OF THE SPOKESPERSON NOVEMBER 3, 2022 The U.S. Department of State’s Rewards for Justice (RFJ) program, which is...
View ArticleCharges for laundering over $2 million in fraud proceeds
Department of Justice U.S. Attorney’s Office District of New Jersey FOR IMMEDIATE RELEASE Tuesday, October 11, 2022 Middlesex County Man Charged with Laundering $2.1 Million Obtained from...
View ArticleEven the cool kids are doing it: wire fraud & money laundering, that is
Department of Justice U.S. Attorney’s Office Eastern District of New York FOR IMMEDIATE RELEASE Wednesday, November 2, 2022 Instagram Personality Known as “Jay Mazini” Pleads Guilty to Wire Fraud,...
View Article