Day: November 30, 2022

Written by FinCrime

Senate Weighs Expansion of Money-Laundering Rules

Reported by: Chris Cumming Congress is considering a vast expansion of anti-money-laundering rules to private-equity firms and other businesses in an effort to stamp out dirty money in the financial system, people who work with lawmakers said. A bipartisan group of senators is weighing whether to include in the annual defense appropriations bill the so-called […]

Written by FinCrime

Bribery trial tests US cases against Venezuela kleptocrats

Reported by: JOSHUA GOODMAN  For years, as the U.S. has ramped up pressure on Venezuela’s socialist government, dozens of allegedly corrupt insiders have raced through the U.S. criminal justice system, cutting plea bargains to avoid lengthy prison sentences and sparing prosecutors the work of having to prove their cases in court. But not Claudia Díaz. […]