Reported by: LEXY PEREZ and LULU GARCIA-NAVARRO Shakira is facing a legal battle after being charged with tax evasion, as prosecutors in Spain alleged she failed to pay the Spanish government 14.5 million euros ($15 million) in taxes between 2012 and 2014. Prosecutors also said if she’s convicted, they would ask a court to sentence […]
Reported by: Kirstin Ridley and Sinead Cruise The government is likely to introduce a new Economic Crime and Corporate Transparency Bill to parliament on Thursday to tackle problems such as the abuse of UK registered companies by international money laundering networks and fraudsters, the source said, speaking on condition of anonymity. Under the latest planned […]
Reported by: Eleanor Olcott The US Securities and Exchange Commission had charged Cheetah Mobile chief executive Sheng Fu and its former president and chief technology officer Ming Xu. Its action came 10 months after a Financial Times investigation found that in 2016, Fu initiated share sales worth as much as $31mn a few weeks before […]
Financial Crime News Briefs 