A new independent review has exposed the scale of financial damage caused by fraudulent claims during Britain’s COVID-19 response. According to reporting from Reuters on…
Former Mexico governor Cesar Duarte arrested on new laundering allegations
Mexican authorities detained former Chihuahua governor Cesar Duarte on Monday in a new money-laundering case, according to the attorney general’s office. The arrest adds another…
US judge allows Justice Department to disclose Epstein grand jury records
A federal judge in Florida has authorized the U.S. Justice Department to release grand jury transcripts from its sex-trafficking case against Jeffrey Epstein, opening the…
Tom Goldstein fights to sell home as tax trial approaches
Washington attorney Tom Goldstein is heading toward a January tax-evasion trial while battling a separate legal fight over whether he can sell his multimillion-dollar home…
CVS agrees to $37.8 million payout after federal probe into insulin pen billing
CVS Health will pay nearly $38 million to resolve U.S. allegations that it sought improper reimbursements by supplying diabetic patients with more insulin pens than…
Swiss prosecutors charge UBS over Credit Suisse-era failures in Mozambique money-laundering case
Swiss federal prosecutors have filed criminal charges against UBS over alleged money-laundering failures linked to the long-running Mozambique “tuna bonds” scandal, pulling the bank deeper…
U.S. Treasury probes claims Minnesota tax funds were diverted to Al-Shabaab, Bessent says
The U.S. Treasury Department has opened an investigation into allegations that tax dollars from Minnesota may have been funneled to the militant group Al-Shabaab in…
Brazil pushes for U.S. cooperation in probe into money laundering tied to fuel sector
Brazil’s government plans to seek direct cooperation from Washington after authorities uncovered a money-laundering network that allegedly used companies registered in Delaware to shield the…
UK unveils U.S.-style whistleblower rewards to target tax evasion
Britain’s tax authority has outlined a new incentive program that would pay whistleblowers a share of the money recovered from major tax evasion schemes. The…
Singapore court allows $2.7 billion case against Standard Chartered to move forward
Singapore’s High Court opened the door to a major legal challenge against Standard Chartered, clearing the way for liquidators connected to the 1MDB scandal to…