Posts in category

Money Laundering


A Spanish judge has ordered police to return the “moldy” bulletproof vests to the Kinahans after the 11-year money laundering case against them has failed. The bulletproof vest is one of a number of paramilitary-style items that cops have been urged to hand over to the Irish crime clan after money laundering charges against Christy, …

ISLAMABAD: MP Ramesh Lal on Friday accused some drug companies of converting black money into white money under the nose of the Drug Regulatory Authority of Pakistan (DRAP). At a meeting of the Standing Committee on Health chaired by Nisar Ahmed Cheema, MP Ramesh Lal alleged that some pharmaceutical companies were laundering money under the …

New expanded anti-money laundering (AML) priorities for financial institutions were recently announced by the Financial Crimes Enforcement Network of the US Treasury Department (FinCEN). The government watchdog said the Financial Action Task Force (FATF) has advised that the focus of compliance resources should target corruption and cybercrime, according to a FinCEN Press release. Priorities include …

NEW DELHI : A sugar mill that is worth more ₹65 crore were seized under the anti-money laundering law in connection with the alleged Maharashtra State Cooperative Bank (MSCB) scam, the Enforcement Directorate said on Thursday and added that a company linked to Deputy Chief Minister Ajit Pawar and his wife is involved in the …

Through PTI NEW DELHI: Assets worth 4.10 crore rupees have been seized in a money laundering investigation linked to the alleged fraud of funds from a Srijan-based NGO in Bihar, the Directorate of Finance said on Wednesday. ‘execution (ED). The NGO is under the surveillance of the CBI and the ED after a scam of …

A new report released by Market Research Intellect offers a comprehensive analysis of anti-money laundering (AML) software. The report is designed and constructed by studying the major and minor components of the Anti-Money Laundering (AML) software market, which are reflected in its detailed segmentation and geographies. In this report, the growth prospects and current scenario …

Money laundering scandal could embarrass prominent Turks Sezgin Baran Korkmaz The controversial 43-year-old, better known by his initials SBK, began his professional life as a shoe shiner before rising through the corporate ranks at breakneck speed. He eventually became a billionaire known for generously distributing money for humanitarian purposes. It buys companies in financial difficulty …

The jury in a trial involving three Teesside men accused of drug trafficking and money laundering has withdrawn to consider its verdict. Neil Briggs, 54, Gary Huggins, 35, and Ryan Allborn, 29, are currently on trial in Teesside Crown Court, charged with drug-related offenses dating back to 2016. Briggs, of Tynedale Close, Skelton, is charged …

The Execution Directorate summoned former Maharashtra Interior Minister Anil Deshmukh on Saturday for questioning in a money laundering case linked to rupee 100 crore bribery charges, officials said. . They said the 71-year-old NCP politician was asked to give evidence to the investigator handling the case at the Enforcement Branch (ED) office in the Ballard …

Court and trial COLUMBIA, Missouri (KMIZ) A Columbia man sentenced to 23 years in federal prison was released on compassionate grounds today by a U.S. District Judge. Eric McCauley was convicted in 2012 of marijuana and money laundering offenses. In his order, Judge Stephen Bough said: “After reviewing the case, the Court finds that further …