Posts in category

Money Laundering


A daughter laundered £ 8,510 for her father who destructively robbed businesses across the UK. Gary Platt and his gang have stolen over £ 45,000, leaving a destruction lawsuit in the process. The 43-year-old helped use axes to smash safes and smash doors, causing £ 35,000 in damage in the process. Platt, Anthorn Close, Noctorum, …

Eleven people have been charged in a scheme targeting the elderly for money, the North Texas District Attorney’s Office said on Friday. All 11 were arrested in a large-scale operation Wednesday morning, the US prosecutor’s office said. Most are linked to a transnational organized crime syndicate originating in Nigeria, the office said. The bureau described …

The Enforcement Directorate (ED) issued a new summons to Shiv Sena chief and Maharashtra Minister of Transport Anil Parab for questioning next week in the money laundering case filed against the former minister of State Anil Deshmukh and others, officials said on Saturday. This is the second summons to Parab, 56, who also holds the …

Former mayor Slavoljub Stijepovic (right) at a meeting of the Democratic Socialist Party. Photo: Democratic Socialist Party The Montenegrin higher court confirmed on Friday the indictment of the former mayor of Podgorica, Slavoljub Stijepovic, for aiding in money laundering within the framework of a criminal organization in a case known as “Envelope”. The special state …

The US Treasury Department has begun the process of extending anti-money laundering requirements to antique dealers, as part of an effort to close a long-standing hole in US laws that protect against crime financial. The department’s Financial Crimes Enforcement Network, or FinCEN, issued a notice on Thursday asking the public to comment on the potential …

Judge Consuelo Scerri Herrera has just rendered a judgment that could have major repercussions on future money laundering cases. Earlier this month, Pilatus Bank’s former compliance and litigation manager Claude-Ann Sant Fournier was charged with money laundering with the bank itself. The prosecution, as it usually does in these cases, asked the court to freeze …

New Delhi: The Aam Aadmi party (AAP) denounced the central government while its national secretary Pankaj Gupta appeared before the Directorate of Enforcement (ED) on Wednesday after being summoned. Speaking to reporters outside the ED headquarters, AAP national spokesperson Raghav Chadha said the party was unfazed and would cooperate fully with the process. The summons …

AML (Anti Money Laundering) This is a set of guidelines, processes and procedures in place to prevent the misuse of money. This includes both physical cash and digital currency transactions. AML focuses on prevention and enforcement strategies that include compliance strategies and Know Your Client (KYC) systems and transaction monitoring. At the same time, KYC …

Maputo – Maputo. Sep 21 (AIM) – One of 19 defendants indicted in Mozambique’s “hidden debts” scandal admitted on Tuesday in Maputo municipal court that he had allowed his employers at a bureau de change to manipulate a account he had opened. from the country’s largest commercial bank, Millennium-BIM. Khessaujee Pulchand had worked as a …

The Australian Banking Association, Fintech Australia and Bendigo & Adelaide Bank are among those calling for the expansion of Australia’s anti-money laundering (AML) regime. The expansion of the regime would ensure that real estate agents, accountants and lawyers would be subject to the same rules as banks, money senders and betting companies. Fintech Australia said …