united states

Leonard C Boyle, United States Attorney for the District of Connecticut, announced that ANDREW DAVIS, 41, a Jamaican citizen last residing in Hamden, was sentenced today by U.S. District Judge Alvin W Thompson in Hartford to 295 months in prison for trafficking marijuana. , possession of firearms and money laundering. According to evidence presented during …

FAYETTEVILLE, Ark. (KNWA/KFTA) – On March 8, two Arkansas men were sentenced to federal prison for wire fraud, accessory to wire fraud, money laundering and accessory to money laundering in connection with from the development of a wind turbine that was never operational and a proposed wind farm project in Elm Springs that was never …

A Jamaican woman living in Florida who laundered money for an international cocaine ring distributing the drugs in Pittsburgh and New Castle, has been sentenced to more than 14 years behind bars. Marcia Cunningham, 54, of Plantation, Florida, faces deportation once she completes her sentence, US media reports. She was sentenced by US District Judge …

WASHINGTON — The Justice Department on Wednesday announced the creation of a task force to prosecute billionaire oligarchs who aided President Vladimir V. Putin in his invasion of Ukraine, part of a U.S. effort. United to seize and freeze the assets of those who have violated the sanctions. The task force will mobilize the resources …

HARRISBURG, DOLPHIN COUNTY (WBRE/WYOU) — The United States Attorney’s Office announced that two people have been indicted by a federal grand jury on charges of money laundering conspiracy after receiving funds from a sweepstakes scam. According to U.S. Attorney John C. Gurganus, the indictment alleges 27-year-old Troy Smith and 36-year-old Michelle Greenwood of Mississippi committed …

United States: Rapidly Evolving AML Risk: Principles for Proactive Compliance in 2022 – American Bankers Association January 24, 2022 Buchanan Ingersoll & Rooney PC To print this article, all you need to do is be registered or log in to Mondaq.com. John Cunningham, a shareholder in the firm’s White Collar Defense, Compliance & Investigations group, …

MADISON, WIS. — Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Craig Klund, 58, Yankton, South Dakota, was sentenced today by U.S. District Judge James D. Peterson to 10 years in federal prison for wire fraud, money laundering and aggravated identity theft. Klund, formerly of Chippewa Falls, Wisconsin, pleaded …

HUNTINGTON, W.Va. – A Nigerian national who was indicted in April 2021 as part of a massive fraud and money laundering scheme has pleaded guilty to conspiring to commit money laundering. According to court documents and statements made during the plea hearing, Kenneth Emeni, 29, a Nigerian citizen residing in Martinsburg, was involved from at …

On December 14, the Financial Crimes Enforcement Network (“FinCEN”) issued a information request (“RFI”), soliciting comments on ways to “streamline, modernize and update” the anti-money laundering (“AML”) and the financing of terrorism (“CTF”) regime of the United States. United. As we will see, the RFI is the latest development in a long investigation of how …

NEW ORLEANS – DUANE A. DUFRENE, 54, of Destrehan, Louisiana, pleaded guilty on November 24, 2021 to one count of conspiracy to commit bank fraud and one count of money laundering before a judge of the United States District Court. United for the Eastern District of Louisiana, Jane Triche Milazzo, announced U.S. Attorney Duane A. …

ATLANTA, Ga (CW44 News At 10) – Vikas Mehta, Walter Valdivia, Pradip Parikh, Jaime Salas, Alpesh Patel and Darash Shah have been charged with conspiracy of wire fraud, wire fraud, conspiracy of money laundering and money laundering silver. “This case involves an alleged scheme to defraud the victims – many of whom are elderly – …

The number two of the US Treasury Department visited the United Arab Emirates this week to discuss several major topics with the Emirati leadership, including Iran and the two countries’ crackdown on terrorist financing. Wally Adeyemo, Assistant Secretary of the United States Treasury, on Wednesday concluded a three-day visit to the United Arab Emirates to …

On New Years Day 2021, Congress passed the Anti-Money Laundering Law of 2020 (AMLA). As we reported last April, the 2020 LBA included sweeping reforms aimed at strengthening protections against money laundering, terrorist financing, and other illegal activities. In previous episodes of this series, we have discussed the new extended beneficial ownership requirements, significant improvements …

Nov. 1 (Reuters) – A close ally of Venezuelan President Nicolas Maduro will now be on trial for money laundering in Miami federal court on Nov. 15, two weeks later than originally planned, in a case that has further strained relations already frayed between Washington and Caracas. Prosecutors say Alex Saab, a Colombian-born businessman and …

criminality Yannick A. Minang, 27, was sentenced by US District Court judge Patti B. Sarris to more than four years in prison. BOSTON – A man from Hingham who had previously been convicted of money laundering was convicted on Wednesday in a commercial email compromise program (BEC), according to a statement by Acting United States …

New Jersey, United States, – The Anti-Money Laundering Software Market The report focuses on economic developments and consumer spending trends in different countries for the forecast period 2021 to 2028. The research further reveals which countries and regions will have a better reputation in the coming years. Apart from this, the study talks about the …

MIAMI, Fla. (CW44 News At 10) – A federal grand jury in the Southern District of Florida issued an indictment on October 7, which was unsealed today, charging three Colombian nationals and two Venezuelan nationals for their roles alleged in the laundering of the proceeds of the sale. contracts to supply food and medicine to …

Oct. 18 (Reuters) – Alex Saab, a businessman accused of money laundering on behalf of the Venezuelan government, will be brought to justice on Monday in federal court in Florida in a case between the United States and the government of Venezuela. president Nicolas Maduro. In 2019, U.S. prosecutors indicted Saab as part of a …

Then, in 2008 – as the country began to slide completely into the Great Recession – a twenty-something Miami investor named Chaim Schochet showed up. Working for a company called Optima International, Schochet offered $ 16.75 million for the empty building. Far from Motorola’s investment, but more than the locals could have hoped for. They …

On October 6, 2021, the United States Department of Justice (“DOJ”) announced the creation of a National Cryptocurrency Enforcement Team (“NCET” or “Team”) to tackle investigations and prosecutions of criminal cryptocurrency abuses, including crimes committed by currency exchanges, mixing and tumbling services, and money launderers.[1] The DOJ’s announcement came the same day it launched its …

Through Tobias Schweiger, CEO, Hawk AI EEarlier this year, the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) fined Capital One $ 390 million for “willful” anti-money laundering (AML) breaches between 2008 and 2014. For compliance operators in the space, the action was a strong signal of rigorous enforcement, and perhaps a sign of increased …

Amid the third massive leak of offshore account records in the past six years, known as the Pandora Papers, this newspaper urges US President Joe Biden to re-energize the Financial Action Task Force (FATF) in line with his campaign promises. Unlike previous leaks, in 2016 and the following year, the Pandora Papers – a wealth …

introduction Bitcoin was and continues to be both an innovation for companies looking to streamline their operations with blockchain technology as well as a challenge for federal agencies pursuing uniform regulation of cryptocurrencies. At the same time, cybercriminals have capitalized on Bitcoin to help them carry out elaborate money laundering schemes. Since Bitcoins are online …

The magistrate in charge of establishing the evidence against a former official of the Pilatus Bank said that there were sufficient At first glance evidence to proceed with an indictment for money laundering. Magistrate Donatella Frendo Dimech delivered her ruling earlier this afternoon as the case against Claude Anne Sant Fournier continued. Sant Fournier, who …

According to the DuPage County State Attorney’s Office, seven people, including two former postal carriers, have been charged in a program of financial crimes and money laundering involving the U.S. Postal Service. It is alleged that the scheme lasted 16 months and defrauded over $ 50,000 from around 40 victims, most of whom live in …