Reported by Nana Ama Sarfo In April the International Monetary Fund released a working paper explaining how tax authorities can better leverage anti-money-laundering (AML) measures to improve tax compliance and boost domestic revenue mobilization. The idea is not new, but it’s been a challenging concept for tax authorities to execute. Why? Well, tax crimes and money laundering […]
Reported by Jonathan Browning An ex-Austrian bank chief wanted in the US over his alleged role in a giant Brazilian corruption scandal lost a bid to halt his extradition from the UK. Peter Weinzierl, the former chief executive officer of Meinl Bank AG, had attempted to argue in a London court that he was “lured” to the UK […]
Reported by TRD staff Summary of original article featured below Former Wisconsin nurse anesthetist, Matt Onofrio, who turned to real estate after quitting his job in 2020, is now facing charges of bank fraud in Minnesota. Onofrio stands accused of orchestrating multiple fraudulent real estate deals, convincing buyers to purchase properties at inflated prices while […]
China, Russia, and their autocratic friends are leading another epic clash over the world’s largest landmass. Reported by Hal Brands, a professor of global affairs at the Johns Hopkins School of Advanced International Studies. Summary of original report featured below The war in Ukraine has led to the rise of a coalition of Eurasian autocracies, […]
This is Christy Kinahan, Ireland’s “Dapper Don.” The State Department accuses him of being the leader of a $1 billion drug-smuggling empire who has done business with “El Chapo” and Lebanon’s ruthless Hezbollah. Courtesy of the Irish Sun Summary of original article shown below Reported by Joshua Rhett Miller Christy Kinahan, a former taxi driver […]
Reported by Jack Schickler The European Union formally signed its landmark Markets in Crypto Assets (MiCA) regulation into law on Wednesday, taking the bloc closer to becoming the first major jurisdiction in the world with tailored rules for the sector. The law was signed by the European Parliament President Roberta Metsola and Swedish Rural Affairs […]
Financial Crime News Briefs 