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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: November 27, 2024

Written by FinCrimeNovember 27, 2024

Credit Suisse acquitted of 2022 conviction over cocaine cash laundering case

Reported by Reuters A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS was found guilty of failing to prevent money laundering by a Bulgarian cocaine trafficking gang. Read full report: https://finance.yahoo.com/news/credit-suisse-acquitted-2022-conviction-111859870.html

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