money-laundering
HeadlinesRussia detains a US citizen at Moscow airport on drug smuggling charges, mash says
HeadlinesFrench investigators open money laundering probe against crypto platform binance
HeadlinesFormer belgian national team member nainggolan arrested in cocaine trafficking probe
FinanceLombard odier indicted in Switzerland over money laundering
The shocking truth about money mule scams endangering students and banks
Date: November 28, 2024
In today’s digital age, where scams and fraud are increasingly sophisticated, college students have become prime targets for cybercriminals. These young, often tech-savvy individuals are lured into intricate schemes, unaware of the severe consequences they may face. One such dangerous practice is money mule recruitment, a tactic where individuals are unknowingly used to launder illicit...
Germany seizes almost 250,000 euros in cash in crypto ATM sting
Date: August 22, 2024
(This Aug. 20 story has been corrected to rectify the figure to 250,000, not 25 million, in the headline and paragraph 1) BERLIN (Reuters) – German authorities have seized almost 250,000 euros ($279,000) in cash in a nationwide operation targeting cryptocurrency ATMs, the country’s financial regulator BaFin said in a statement on Tuesday. Authorities...
British review of “politically exposed” bank clients put off until election
Date: June 19, 2024
British review of “politically exposed” bank clients put off until election LONDON (Reuters) – Britain’s financial watchdog will wait until after next month’s national election to publish its review into how banks conduct mandatory extra checks on “politically exposed” customers and their families for money laundering risks. The review had been due to be published...
Trump charges bring new york ‘zombie case’ back to life
Date: March 31, 2023
By Luc Cohen NEW YORK (Reuters) -Manhattan has started and stopped its investigation into Donald Trump’s hush-money payments to porn star Stormy Daniels so many times that it has come to be known as a “zombie case” like the mythical character who returns from the dead. A grand jury of New Yorkers has brought charges...
Belgian court decides to keep EU corruption case suspect in detention
Date: December 28, 2022
BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European Parliament corruption scandal, in detention after prosecutors objected to a decision to release him with an electronic tracking bracelet. Figa-Talamanca is one of four people arrested earlier in December on charges of corruption, money laundering...
Danske bank books $1.9 billion provision in estonia case
Date: October 27, 2022
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Danske Bank on Thursday booked a 14 billion Danish crown ($1.89 billion) provision, edging closer to a long-awaited settlement with authorities over its involvement in one of the world’s biggest money laundering scandals. Denmark’s biggest lender had said it faced a potentially “material” fine over its involvement in the...