Leader of Nationwide Theft Ring Who Purchased Stolen Catalytic Converters from Sacramento for $38 Million Pleads Guilty

February 27, 2026

Money LaunderingLeader of Nationwide Theft Ring Who Purchased Stolen Catalytic Converters from Sacramento for $38 Million Pleads Guilty

Navin Khanna, 42, Holmdel, New Jersey, pleaded guilty today to conspiracy to transport stolen property interstate, conspiracy to commit promotional money laundering, and interstate transportation of stolen property.

Story from justice.gov

Tags
aml
aml audits
aml compliance
aml controls
aml fines
aml penalties
arms embargo
asset freeze
asset seizures
banking restrictions
bans
beneficial ownership
boycotts
capital controls
cash flow manipulation
cdd
censure
cft
china sanctions
commodity sanctions
comprehensive sanctions
concealment of funds
condemnation
cooked books
corporate veil
currency manipulation
currency transaction report
customer due diligence
diplomatic sanctions
due diligence
dummy accounts
economic sanctions
edd
embargo
energy sanctions
enhanced due diligence
eu sanctions
export controls
false expenses
false financial statements
fictitious sales
financial restrictions
financial sanctions
fraud prevention
freezing assets
global sanctions
hidden assets
human rights sanctions
import controls
inflated revenue
international embargo
international sanctions
iran sanctions
know your customer
kyc
kyc lookback
kyc remediation
kyc renewal
laundering
military embargo
mis reporting
money laundering
name screening
negative news screening
nonproliferation sanctions
north korea sanctions
offshore entities
political restrictions
political sanctions
proceeds of crime
prohibitions
restrictions
russia sanctions
sanction
sanctions evasion
sanctions relief
sanctions screening
sdd
sectoral sanctions
shell
shell company
simplified due diligence
smart sanctions
strs
suspicious activity detection
suspicious transaction
suspicious transaction report
syria sanctions
technology sanctions
terrorist financing
trade sanctions
transaction monitoring
travel restrictions
un sanctions
unexplained cash
unsc sanctions
us sanctions
venezuela sanctions
visa restrictions

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

Check out our other content

By FCCAdmin

Check out other tags:

abduction AI and Regulatory Reporting AI applications AI ethics AI for Financial Crime Investigations

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

Former Sri Lankan Deputy Minister Jailed for 16 Years as Anti-Corruption Drive Intensifies

Leader of Nationwide Theft Ring Who Purchased Stolen Catalytic Converters from Sacramento for $38 Million Pleads Guilty

Check out our other content

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

Former Sri Lankan Deputy Minister Jailed for 16 Years as Anti-Corruption Drive Intensifies

Ad

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

Former Sri Lankan Deputy Minister Jailed for 16 Years as Anti-Corruption Drive Intensifies

Hong Kong Regulator Warns Financial Firms of Rising AI-Driven Cybersecurity Threats

Regulatory complexity at a time of geopolitical flux, trade wars and profound technological change

Former SNP Chief Peter Murrell Admits Embezzling £400,000 from Party Funds to Finance Lavish Lifestyle

Most Popular Articles

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

Former Sri Lankan Deputy Minister Jailed for 16 Years as Anti-Corruption Drive Intensifies

Hong Kong Regulator Warns Financial Firms of Rising AI-Driven Cybersecurity Threats

Regulatory complexity at a time of geopolitical flux, trade wars and profound technological change

Former SNP Chief Peter Murrell Admits Embezzling £400,000 from Party Funds to Finance Lavish Lifestyle

Former Nigerian Power Minister Arrested After Corruption Conviction Deepens Public Anger Over Energy Crisis

China’s Former Defence Ministers Given Suspended Death Sentences in Major Corruption Crackdown

Financial Crimes

Data Intelligence

Technology

Regulatory Update

Resources

Follow us