Reported by JOSHUA GOODMAN Associated Press Writer A federal judge in Houston has dismissed criminal charges against a Swiss banker accused of helping stash millions in bribes paid to senior Venezuelan oil officials over long delays in bringing the case to trial. Judge Kenneth Hoyt ruled Wednesday that unjustified trial delays violated Paulo Murta’s constitutional […]
Reported by News Desk Washington’s man in Lebanon, Banque du Liban Governor Riad Salameh, is responsible for Lebanon’s financial collapse. Photo Credit: The Cradle Lebanon’s embattled Central Bank Governor, Riad Salameh, wente missing ahead of a hearing in France on fraud and money laundering charges. “I have not found him anywhere, and accordingly, he has not been notified […]
Reported by Martin Bentham A multi-millionaire Tory donor who owns London’s famous Conran Shop and a stake in the Anya Hindmarch handbag retailer was revealed today as a key figure linked to a major money laundering operation targeted by the National Crime Agency. A court ruling said that bank records showed that Javad Marandi, who has been on a Conservative advisory board of ultra-wealthy supporters, either owned or was […]
Reported by Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Lauren and Ephrat Livni As the shares of another regional bank tumbled on Thursday, Jamie Dimon, the JPMorgan Chase chief, ratcheted up the pressure on regulators to “finish” the crisis at small and midsize lenders, and joined the chorus calling for an investigation into […]
Reported by James J. Park is a Professor of Law at UCLA The 2019 collapse of the Brumadinho dam in Brazil not only released 12 million tons of mining waste and took 270 lives, it prompted the filing of a major securities fraud enforcement case in the United States by the Securities & Exchange Commission […]
Reported by Vanda Felbab-Brown A bag of what is likely fentanyl, San Francisco, California, February 2020 Shannon Stapleton / Reuters The United States is suffering the deadliest drug epidemic in its history. Overdoses claimed the lives of more than 100,000 Americans between August 2021 and August 2022 alone. Over the span of just a few […]
Reported by Matt Oliver When Rosario D’Onofrio strolled into Milan’s colourful Chinatown quarter in March 2020, he was allegedly carrying €180,000 in cash. The Italian football referee, who has been accused of moonlighting as a drug trafficker known as “Rambo”, was there to meet a Chinese money launderer who could help him pay suppliers in […]
Reported by Rohan Goswami James Ellingson allegedly dealt cocaine, LSD, ecstasy and marijuana on Ross Ulbricht’s Silk Road marketplace, and accepted more than $500,000 worth of bitcoin from Ulbricht to carry out a series of murders which he might not have completed, Manhattan federal prosecutors said Thursday. Ellingson, who allegedly used the alter egos “redandwhite,” “MarijuanaIsMyMuse” and […]
Reported by Sarah N. Lynch NEW YORK, May 10 (Reuters) – U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money laundering and theft of public funds in the latest hit to the newly elected Republican, who has resisted calls to resign for lying about his resume. The 13-count indictment, unsealed […]
Reported by Ryan Smith Steven Seagal continued to show his appreciation for his adopted home of Russia over the weekend, when he headlined the festival Guitars in Formation. The actor, who is the special representative of the Russian Foreign Ministry for Russian-American humanitarian relations, recently received an Order of Friendship medal from President Vladimir Putin for his work in supporting […]
Financial Crime News Briefs 