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Money Laundering


FRAMINGHAM – Federal officials say they arrested a Connecticut man on Wednesday after attempting to sell 4 kilograms – 8.8 pounds – of cocaine to an undercover officer in Framingham. The Federal Drug Enforcement Agency has arrested Jean Pierre Castro-Novoa, 26, who they say is also part of an international money laundering organization, according to …

Five men from Merseyside have been charged with money laundering following a raid on a used car dealership in 2020. More than £ 300,000 in cash was seized from Liverpool’s Wavertree Car Center dealership on June 15, 2020 as part of a wide-ranging investigation that took place, the Liverpool Echo reported. The raid was the …

Federal prosecutors have charged 14 people in several fraud schemes that allegedly defrauded consumers and insurers over $ 143 million, the Justice Department said on Wednesday. The DOJ announcement also noted that profits from the fraudulent schemes were said to have been laundered by shell companies and used to buy exotic cars and luxury real …

ED to launch cash laundering investigation into Singh’s grievance in opposition to Deshmukh The sensational letter from former Mumbai Police Commissioner Param Bir Singh accusing House Secretary Anil Deshmukh of corruption and the federal government of Mahavikas Aghadi has sparked controversy within the state. The Legislation Enforcement Department will launch a cash laundering investigation into …

Graeme Biggar, Managing Director of NECC When eccentric businessman John McAfee, creator of the eponymous antivirus software program, was accused of conspiracy to commit fraud and cash laundering earlier this month, cryptocurrencies have been his purported instrument of selection. McAfee is accused of inflating the worth of cryptocurrencies to his massive Twitter viewers, promoting them …

The Philippine monetary system carries a reasonable danger of getting used for cash laundering, terrorist financing and as a channel for financing weapons of mass destruction, in response to the outcomes of the most recent multi-sector evaluation by the central financial institution. When prison exercise is concerned, the native banking ecosystem is most weak to …

A North Korean nationwide was arrested in america on Saturday after being extradited from Malaysia for cash laundering. This made him the primary North Korean to be extradited to america for negotiation. Moon Chul Myung was arrested by the FBI in Washington DC on Saturday, in accordance with Related Press information. His extradition got here …

FBI raids DeKalb County The FBI and DeKalb County Police raided a home Thursday. ATLANTA – The FBI stated it charged and arrested an Atlanta man in a cash laundering scheme that lasted about three years. Federal investigators have charged Abraham Adeniyi, 37, of Atlanta, with cash laundering and financial institution fraud offenses in a …

Lately, members of the monetary investigation group have needed to ask themselves: what’s Cuckoo Smurf in cash laundering? This system has been utilized by a variety of felony organizations, together with drug sellers, financiers of terrorism and sophisticated frauds. It helps to clean cash obtained by means of unlawful actions by hiding transactions as worldwide …

Police have up to now arrested 12 individuals linked to the suspect’s union whereas he’s nonetheless at giant. – Photograph by Ahmad Zamzahuri Subscribe to our Telegram channel for the most recent updates on the information it is advisable to know. JOHOR BAHRU, March 21 – Police are in search of a person with the …