Day: March 11, 2023

Written by FinCrime

UK Suspects Russians Using British Firms to Launder Illicit War Profits

Reported by Alex Wickham The UK government suspects Russian nationals have exploited lax checks by the companies register in attempts to launder war profits stolen from Ukraine, according to people familiar with the matter. British law enforcement agencies have identified large numbers of sham companies incorporated in the UK by nationals from a range of […]

Written by FinCrime

CEO of Silicon Valley Bank sold $3.57 million of stock in the troubled bank just TWO WEEKS before its dramatic collapse in automated trade planned on January 26 – and CFO ditched $575,000 the same day

By Ross Ibbetson For Dailymail.com21:50 10 Mar 2023, updated 22:52 10 Mar 2023 The CEO of Silicon Valley Bank sold $3.57m of stock in a pre-planned, automated sell-off two weeks before it collapsed – and the CFO ditched $575,000 the same day. Greg Becker sold 12,451 shares at an average price of $287.42 each on […]