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…
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…
Ukraine moves to replace Energoatom board as $100 million corruption scandal unfolds
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…
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…
The founder of cryptocurrency exchange Bitzlato has been detained in a $700 million fraud case
As the US pursues criminal suspects in the digital arena, a Russian was charged with money laundering using a cryptocurrency exchange that allegedly concealed the…