07.30.21

Hushpuppi: Nigerian influencer pleads guilty to money laundering

Hushpuppi, 37, is known for posting photos of his lavish lifestyle on Instagram, where he has 2.5m followers.



07.30.21

Corporate headhunter Egon Zehnder accused of $13M New York state tax fraud in whistleblower lawsuit

A whistleblower lawsuit accuses corporate headhunter Egon Zehnder International of a decade-long scheme that allegedly deprived New York state out of $13.25 million in taxes owed by the firm.



07.30.21

Money-laundering ring pushed $4billion through HSBC

A vast money-laundering ring moved $4.2bn through a network of 60 HSBC accounts in Hong Kong starting only two years after the bank promised to clean up its act, an investigation by the Bureau of Investigative Journalism and the Guardian has revealed.



07.30.21

Sen. Elizabeth Warren shoots down a key reason investors buy bitcoin, calls for tighter regulation

Sen. Elizabeth Warren told CNBC she's skeptical bitcoin will prove to be a reliable hedge against inflation over time.



07.30.21

The road ahead for cryptocurrencies: an industry strategist explains why inflation could drive the next market rally

The road ahead for cryptocurrencies: an industry strategist explains why inflation could drive the next market rally



07.30.21

U.S. Attorney issues update on action taken to prevent Paycheck Protection Program fraud

Acting U.S. Attorney Kurt Erskine issued an update on his office's efforts to combat fraud related to schemes targeting the Paycheck Protection Program (PPP), a loan program created by Congress to help small businesses pay payroll, interest on mortgages, rent, and utilities during the COVID-19 pandemic.



07.29.21

HSBC faces questions over disclosure of alleged money laundering to monitors

Bank was under supervision by US Department of Justice-appointed team because of previous violations



07.29.21

Former Security Supervisor Pleads Guilty to Bank Fraud Scheme Using the Stolen Identity Information of Coworkers and Job Applicants From His Company

Ricardo Carter II, age 37, of Camp Springs, Maryland, pleaded guilty yesterday to federal charges of bank fraud and aggravated identity theft, in connection with a check kiting and credit scheme using the stolen identity information of coworkers and job applicants to open fraudulent bank and credit accounts, causing more than $119,000 in losses to victim financial institutions.



07.29.21

Hong Kong appoints investigator to probe fraud allegations in the financial affairs of Apple Daily's publisher Next Digital

Next Digital, the parent company of the defunct tabloid Apple Daily, has been engaging in illegal and fraudulent activities, Hong Kong's government said as it announced a rare appointment of an inspector under the Companies Act to probe the firm's finances



07.29.21

What's become of India's $1 billion Covid-19 aid cryptocurrency donations?

In order to comply with India's Foreign Contribution Regulation Act the fund has gradually been converting the tokens into dollars and then rupees



07.28.21

Cryptocurrency pump-and-dump schemes: Everything you should know

Don't get the rug pulled out from under you.



07.28.21

Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges

The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges.



07.28.21

Warren urges Yellen to crack down on cryptocurrency

Warren said "cryptocurrencies currently touch or can ripple through nearly every corner of the financial system."



07.28.21

Swiss prosecutors drop Russian money-laundering inquiry

Swiss federal prosecutors have closed a decade-long investigation into a graft scandal linked to the 2009 death of Russian lawyer Sergei Magnitsky in a Moscow jail, they said.



07.28.21

Irish Banks Hail EU's 'Radical' Anti-Money Laundering Push

Banks in Ireland have welcomed an upcoming reform of the European Union's anti-money laundering regulations that will affect the crypto space.



07.27.21

Despite Outrage, Guatemala Continues to Bulldoze Anti-Corruption Edifice

The dismissal of Juan Francisco Sandoval, the country's leading anti-corruption prosecutor, marks the formal end of efforts to strengthen anti-corruption bodies in Guatemala.



07.27.21

Tara Hanlon jailed for over ?5m money laundering offences

A woman has been jailed for 34 months after being found at Heathrow Airport with five suitcases stuffed with nearly ?2m in cash.



07.27.21

Brazilian Police Seize $33M in Crypto Money Laundering Probe

The Brazilian judiciary authorized freezing accounts and taking assets from two individuals and 17 companies.



07.27.21

Atlanta man sentenced for submitting fraudulent COVID-19 test to employer and for a separate bank fraud charge

Santwon Antonio Davis has been sentenced for wire fraud related to a scheme to defraud his employer, and on a bank fraud charge related to a scheme to defraud a mortgage company.



07.27.21

Mexican economic growth likely picked up steam in second quarter

Mexican economic growth likely accelerated in April through June due to the reopening of economic activities as pandemic-related restrictions were lifted and due to the spillover effect of robust growth in top trade partner the United States, a Reuters poll showed on Monday.



Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search