Chandni Nanda, Author at FCC Times

Epic Charter Schools Co-Founders and CFO Face New Criminal Charges, Postpone Preliminary Hearing

The co-founders and CFO of Epic Charter Schools are facing additional criminal charges, which could lead to substantial prison sentences. The preliminary hearing for...

Bangladesh Bank Fines Treasury Heads of 10 Banks for Selling Dollars at Higher Prices, Appeals Under Review

The Bangladesh Bank (BB) imposed fines of Tk 100,000 each on the treasury heads of 10 banks for selling dollars at higher prices, with...

Money Laundering Arrests in Hyderabad IPO Scam Investigation: Global Funds Trail Uncovered

The Enforcement Directorate (ED) has arrested three individuals, including a US resident, a resident of Vanuatu, and an Indian, as part of a money...

OFAC Designates 27 Entities and Individuals in China, Plus One in Canada, for Involvement in Global Synthetic Drug Trafficking Network

The US Office of Foreign Assets Control (OFAC) has designated 27 China-based entities and individuals, along with one individual based in Canada, for their...

Biden Administration Unveils $7 Billion Plan to Fuel Clean Hydrogen Revolution Across the U.S.

The Biden administration has unveiled plans to establish seven clean hydrogen hubs across the United States, with a $7 billion investment aimed at significantly...

European Parliament Divided Over Sustainability Reporting Standards: Calls for Simpler Rules

Over 40 lawmakers in the European Parliament have submitted a motion for a resolution, urging the rejection of the recently enacted European Sustainability Reporting...

Wisconsin Legislators Introduce Bill to Legalize Cannabis, Address Racial Disparities, and Boost State Revenue

Wisconsin legislators have introduced a bill to legalize cannabis usage and possession of up to five ounces of marijuana for adults aged 21 and...

SEBI Strengthens Anti-Money Laundering and Anti-Terrorism Financing Standards with Key Amendments

The Securities Exchange Board of India (SEBI) recently issued amendments to anti-money laundering and anti-terrorism financing standards, relating to rules established under the Prevention...

Shocking Testimony in Sam Bankman-Fried Trial Unveils Cryptocurrency Deceit and Fraud

The trial of former FTX CEO Sam Bankman-Fried has taken a surprising turn with Caroline Ellison, the former CEO of Alameda Research, emerging as...

Malaysian Police Inspector Faces Corruption and Money Laundering Charges Totaling RM316,167.65

A police inspector in Malaysia, Mohammad Harun, has been charged with ten counts of corruption and eight counts of money laundering, involving a total...

Estonia Set to Receive Share of $2 Billion Danske Bank Money Laundering Damages Due to Collaboration with U.S.

Estonia is set to receive a share of the $2 billion in damages paid out in the Danske Bank money laundering case due to...

Former Barclays CEO James Staley Fined and Banned Over Misleading Statements Regarding Epstein Relationship

The Financial Conduct Authority (FCA) has imposed a £1.8 million fine and a ban on holding senior management or significant influence roles in the...

Nevada Man Receives Prison Sentence for $500,000 COVID Relief Fund Fraud

A Nevada man, Brandon Casutt, has been sentenced to two years and four months in prison for his fraudulent acquisition of over $500,000 in...

German Marijuana Legalization Bill Postponed Amid Global Concerns, But Remains on Track

German lawmakers have postponed the initial consideration of a bill to legalize marijuana until at least next week due to the global attention on...

Former Russian Deputy Defense Minister Sentenced to 19 Years in Major Corruption Case

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Chandni Nanda