Reported by NovaSphere Do you know what the black market oil trade looks like for Iran? Despite sanctions, Iran still sells oil to buyers from Pakistan along the beach by their border where a plethora of small Toyota trucks are used for transport. Watch short video by NovaSphere.
Reported by Andy Maxwell It’s long been the case that access to certain services, whether on or offline, will only be granted when customers prove their identity. Often linked to financial products but in many cases basic money/goods transactions carried out online, handing over a name, address, date of birth and similar details, can increase […]
Reported by Luke Gentile, Washington Examiner Seizures of fentanyl in Colorado are on the rise as cartels expand their territory and spread into new areas, Drug Enforcement Administrationofficials said. In 2023, the Rocky Mountain Field Division of the DEA saw a new record reached in the total amount of fentanyl seized after agents captured over 2.6 million pills in Colorado, according to a report […]
Reported by Crystal Kim, author of Axios Crypto Federal prosecutors on Wednesday charged the founders of a crypto-mixing service called Samourai Wallet with conspiracy to commit money laundering and operating an unlicensed money transmitter business. Samourai Wallet is a Bitcoin wallet that promised to “keep your transactions private and your identity masked.” Samourai allegedly executed over […]
Reported by Joe Bruno, wsoctv.com Feds are charging five Chinese nationals with money laundering after they say the suspects were part of a Chinese money-laundering operation that assisted drug trafficking operations by depositing drug money into Charlotte banks. In March, a grand jury indicted Enhua Fang, Shu Jun Zhen, Jianfei Lu, Maoxuan Xia, and Shao […]
Reported by James J. Fredricks, Maria Cruz Melendez, Alessio D. Evangelista, Andrew M. Good, Ryan D. Junck, Bradley A. Klein, David Meister, and Bora P. Rawcliffe On April 15, 2024, the Department of Justice’s (DOJ’s) Criminal Division unveiled a new Pilot Program on Voluntary Self-Disclosures for Individuals that offers non-prosecution agreements (NPAs) to individuals who voluntarily disclose […]
Reported by DANA GENTRY The Nevada Gaming Control Board, which has remained awkwardly silent on the investigation of Las Vegas casinos and the prosecution of casino executive Scott Sibella by federal officials out of California, has joined the ongoing probe, according to two sources who say they’ve received calls from investigators. The federal investigation, first reported by […]
Reported by MATT BURGESS For almost a decade, Nick Roy has been scanning North Korea’s tiny internet presence, spotting new websites coming online and providing a glimpse of the Hermit Kingdoms’ digital life. However, at the end of last year, the cybersecurity researcher and DPRK bloggerstumbled across something new: signs North Koreans are working on major international TV shows. In December, Roy […]
Reported by FinCEN As the nation reflects on the many ways to protect our environment this Earth Day, the Financial Crimes Enforcement Network (FinCEN) reminds financial institutions to remain vigilant in identifying and reporting suspicious activity related to environmental crimes. Environmental crimes frequently involve transnational criminal activity related to several of FinCEN’s Anti-Money Laundering and Countering […]
Reported by Reuters German financial watchdog BaFin has ordered Commerzbank (CBKG.DE) to pay a fine of 1.45 million euros ($1.55 million) for breaching its anti-money laundering duties, the regulator said on Monday. “Commerzbank AG and the former comdirect Bank AG, of which Commerzbank AG is the universal successor, had breached their supervisory duties,” said the regulator in […]
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