Ukraine said it will install a new supervisory board at Energoatom before the end of the year, aiming to contain a corruption scandal that has…
Chinese fraud mastermind sentenced in UK for laundering billions in bitcoin
A Chinese woman who led one of the largest Ponzi schemes in her country will spend more than 11 years in a British prison for…
Indian agency freezes Anil Ambani Group assets worth $853 million in money-laundering probe
India’s Enforcement Directorate (ED), the country’s top financial crime agency, has frozen properties valued at more than 75 billion rupees ($853 million) linked to the…
Five indicted in €188 million VAT fraud and Hawala money laundering case
Hamburg prosecutors working with the European Public Prosecutor’s Office (EPPO) have filed charges against five suspects accused of running a massive cross-border VAT fraud and…
Ex-Citibank Employee Sentenced in Singapore’s $2.3 Billion Money-Laundering Case
A former Citibank relationship manager has been sentenced to two years in prison for his role in one of Singapore’s largest-ever money-laundering scandals, according to…
UK’s Anti-Money Laundering Shake-Up Faces Backlash from Legal and Accounting Sectors
According to the Financial Times, law firms and accounting organizations across the United Kingdom are pushing back against a Treasury plan to give the Financial…
Brazil’s Federal Police dismantle $540 million crypto laundering network in “Operation Lusocoin”
Brazil’s Federal Police have broken up a massive cryptocurrency-based money-laundering operation that moved more than 50 billion reais (about USD 9 billion) through a network…
Libyan Central Bank calls for swift approval of anti–money laundering laws
Libya’s Central Bank has urged authorities to fast-track the adoption of new legislation to combat money laundering and terrorism financing, warning that further delays could…
KuCoin faces $14M Canadian enforcement case over registration and money-laundering controls
Cryptocurrency exchange KuCoin is challenging a major enforcement action in Canada after regulators accused it of failing to register as a money services business and…
Brazilian criminal organization laundered nearly $1 billion through gas stations, motels, and franchises, investigators say
Brazilian investigators say a criminal organization laundered almost 6 billion reais ($1 billion) in four years using gas stations, motels, franchises, and real estate. The…