Brazil’s federal prosecutors expect to spend at least four to six months reviewing evidence gathered in the expanding investigation into the collapse of Banco Master,…
Brazil central bank orders liquidation of brokerage REAG over serious regulatory breaches
Brazil’s central bank has ordered the liquidation of brokerage firm REAG, now operating under the name CBSF, citing serious violations of financial system rules. The…
Iran’s currency collapse reverberates through Iraq’s pilgrimage economy
The sharp fall of Iran’s currency is rippling far beyond its borders, hitting livelihoods in Iraq’s holy city of Najaf, where thousands of businesses depend…
US SEC drops lawsuit against former Rio Tinto CFO, closing long-running fraud case
The U.S. Securities and Exchange Commission has formally dismissed its civil lawsuit against a former top executive of Rio Tinto, bringing an end to an…
Supreme Court rejects Citigroup appeal in Mexican oil fraud lawsuit
The U.S. Supreme Court has refused to take up Citigroup’s appeal in a long-running lawsuit that accuses the bank of contributing to more than $1…
Five states sue Trump administration over freeze of $10 billion in family aid amid fraud claims
Five U.S. states filed a federal lawsuit after the Trump administration froze more than $10 billion in childcare and family assistance funding, citing concerns about…
Singapore jails businessmen for fabricating records tied to Wirecard fraud
A Singapore court has sentenced two businessmen to lengthy prison terms for falsifying financial documents that helped conceal one of Europe’s largest corporate frauds, the…
FTC expands enforcement playbook in rental housing, signaling tougher stance on deceptive fees
U.S. regulators are intensifying scrutiny of the rental housing industry, marking a notable shift in how consumer protection laws may apply beyond traditional financial services.…
U.S. oil stocks rise as Trump signals possible shift on Venezuela sanctions
U.S. oil company shares moved higher on Monday after President Donald Trump signaled that Washington could reassess its sanctions stance toward Venezuela, fueling expectations that…
Argentine football authority engulfed in turmoil ahead of World Cup amid money laundering allegations
Argentina’s football establishment is facing mounting turmoil just as the World Cup draws closer, after a series of investigations raised questions about alleged dirty money,…