Reported by Charles P. Pierce Say you’re the mayor of a small Indiana city. Your salary is, oh, say, $62,000 per annum. But you’re overextended. Plus, your business has failed. Plus, the IRS is after you. Plus, it’s Christmastime. So you go to a local manufacturing concern to which you’ve previously thrown a couple city […]
Reported by Matt Ehalt A former federal prosecutor said the illegal gambling allegations against Shohei Ohtani’s former translator could potentially fall under the umbrella of money laundering, should it be revealed that Ohtani approved wire transfers to cover Ippei Mizuhara’s reported $4.5 million debt. Ohtani’s camp originally told ESPN he had transferred funds to offset the losses […]
Reported by PDS Pop Culture Watch video for full report:
Reported by The Crown Prosecution Service An ex-takeaway worker has been convicted (Wednesday 20 March 2024) of laundering the proceeds which saw her rise from living above a Chinese restaurant to residing in a multi-million pound house in an affluent part of North London. Jian Wen, 42, was found guilty at Southwark Crown Court of […]
Reported by Christian Arnold The story involving Shohei Ohtani, his now-former interpreter and an alleged “massive theft” of the baseball superstar took another bizarre turn on Thursday as the sport continues to try and unravel what happened. New details emerged of how Ohtani discovered that Ippei Mizuhara allegedly stole millions of dollars from him to cover gambling debt. ESPN’s […]
Reported by Michael Kaplan A shoplifting epidemic costing retailers in New York state $4.4 billion a year is creating a shadow re-sale economy that ranges from eBay to bodegas, The Post has learned. Shoplifting in New York City alone rose 64% from June 2019 to June 2023, according to the Council on Criminal Justice. In 2022, […]
Reported by The Local dk Denmark’s financial sector regulator said on Tuesday that the bank Spar Nord carries a ‘high risk’ of being used for money laundering and financing of terror activities. The assessment was announced by the Danish Financial Supervisory Authority (Finanstilsynet) in a statement in which it also said it had issued Spar […]
Reported by Sam Reynolds Binance is asking its prime brokers to do enhanced Know Your Customer (KYC) work on clients to ensure that they aren’t serving U.S. nationals, according to a report from Bloomberg. Prime Brokers act as intermediaries between institutional investors and the market, offering services such as custody, trade execution, risk management, and lending […]
Reported by Robert Huish, Dalhousie University How have 16,000 strategic sanctions issued by some of the most powerful economies in the world failed to derail Putin? As I recently watched the news break on CBC about Russia’s robust economy, an advertisement from the World Gold Council popped onto the screen. And there was the answer, hiding in […]
Reported by Emily Flitter On Thursday, the bank’s main federal regulator, the Office of the Comptroller of the Currency, fined JPMorgan $250 million over the omissions. The action followed a $98.2 million penalty from the Federal Reserve on March 8. The bank recently told investors in a public filling that a third regulator is preparing […]
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