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A new book makes a compelling case for how money is warping government and distorting democracy to the detriment of us all.

US sentences Chinese national to 5 years for money laundering Read more At: https://www.aninews.in/news/world/asia/us-sentences-chinese-national-to-5-years-for-money-laundering20200930041712/

When Chinese millionaire Justin Sun acquired BitTorrent, was he tryingto skirt the trade war? Or fly right in the face of it, no matter the cost?

Kenneth A. Blanco, director of the Financial Crimes Enforcement Network (FinCEN), said banks need to be wary of risks with cryptocurrency, according to remarks planned to be given at the ACAMS AML (anti-money laundering) virtual conference on Tuesday (Sept. 29).

The deal was initially viewed as a no-lose situation for GM.

Rosen Iossifov, owner of cryptocurrency exchange RGcoins, was convicted by a federal jury in Kentucky of two counts of conspiracy to commit racketeering and money laundering.

Last week, a set of documents known as the FinCEN files were released, detailing how some of the biggest banks in the world move trillions of dollars in suspicious transactions for suspected terrorists, kleptocrats and drug kingpins.

Former Audi CEO Rupert Stadler will become the first senior executive to stand trial over the 12-million vehicle Dieselgate emissions cheating scandal on Wednesday -five years after the Volkswagen Group admitted its guilt.

Eight former NFL players and a Houston athletic trainer were indicted in a scheme to attempt to defraud an NFL player trust by submitting false claims for medical benefits, Harris County District Attorney Kim Ogg announced Monday.

Commission for Discipline Inspection says it will go after money sent overseas days after Canada-based singer says she still hopes for justice

With new technologies evolving, criminals find easier ways for illicit activities - that is the dark side of anonymity and decentralization.

An activist who operated out of Atlanta for several years is facing federal money laundering charges in Ohio.

Last week, a set of documents known as the FinCEN files were released, detailing how some of the biggest banks in the world move trillions of dollars in suspicious transactions for suspected terrorists, kleptocrats and drug kingpins. And the U.S. government has failed to stop it.

Powerful, corrupt rulers the world over are always trying to look legitimate, so they invariably turn to middlemen like fraudster Felix Sater.

Page is accused of fraudulently utilizing a Black Lives Matter non-profit organization by way of misrepresentations and by posing as a Black Lives Matter leader.

Westpac, Australia's second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said on Thursday.

Pennsylvania officials charged nearly two dozen inmates and outside accomplices who allegedly conspired to obtain some $300,000 in fraudulent COVID-19 unemployment benefits.

Potential hydrogen fueling station partners reportedly have second thoughts.

Many American workers applying for unemployment benefits after being thrown out of a job by the coronavirus face a new complication: States' efforts to prevent fraud have delayed or disrupted their payments.

Progress against corruption can be made even under the most challenging conditions, a new World Bank report finds.