Cypriot authorities face scrutiny over probe into Russian billionaire’s moves to dodge sanctions

Reported by Spencer Woodman New details have emerged about an ongoing criminal investigation by Cyprus authorities into how one of Russia’s richest men may have used the Mediterranean country as a conduit to avoid war-related sanctions. As part of the Cyprus Confidential investigation, the International Consortium of Investigative Journalists examined a major transfer of wealth by billionaire Alexey Mordashov […]

Ex-Nuveen Trader Pleads Guilty to $47 Million Insider Scheme

Reported by Chris Dolmetsch A former Nuveen LLC trader admitted to tipping off an Oregon retiree about the asset management firm’s plans as part of an insider-trading scheme that netted them more than $47 million in illegal profits. Billimek, of Hailey, Idaho, admitted tipping off Alan Williams about upcoming Nuveen trades in companies including Lululemon […]