Tag: cash flow manipulation

The Office of the Comptroller of the Currency (OCC) has issued a cease-and-desist order and imposed a $350 million civil money penalty against American...

Former Republican congressman David Rivera was sentenced to 10 years in prison on Friday after being convicted of conspiring to commit money laundering and...

Alex Nain Saab Moran, a 54-year-old Venezuelan businessman and former Minister of Industry under the government of former Venezuelan President Nicolás Maduro, has pleaded...

A high-profile criminal case involving former Georgian Defense Minister Juansher Burchuladze has concluded with a plea agreement that significantly reduces his period of imprisonment...

Former Philippine House Speaker and incumbent Leyte Representative Martin Romualdez was arrested on Monday in connection with a plunder case alleging that he and...

New Zealand’s proposed Anti-Money Laundering and Countering Financing of Terrorism (Omnibus) Amendment Bill seeks to reshape the country’s anti-financial-crime framework, combining greater flexibility for...

Massachusetts State Representative Francisco Paulino has been arrested and charged with allegedly fraudulently obtaining more than $700,000 in COVID-19 unemployment benefits and federally backed...

Armenian state prosecutors have detained former President Robert Kocharyan and formally charged him with multiple corruption-related offences, opening a new legal battle involving one...

Last week saw a truly seismic change in the Anti Money Laundering landscape. In the USA, FinCen announced that The Corporate Transparency Act no...

Liberia has charged former Vice President Jewel Howard-Taylor with drug trafficking, money laundering and other offenses as part of an investigation into an alleged...

A former high-ranking New Mexico Democratic legislator and public school administrator has been convicted on dozens of federal charges following a yearslong scheme in...

The long-running debate over corporate ownership transparency in the United States has entered a decisive new phase, with the Financial Crimes Enforcement Network (FinCEN)...

The International Financial Services Centres Authority (IFSCA) has updated its Anti-Money Laundering, Counter-Terrorist Financing and Know Your Customer (AML/CFT/KYC) Guidelines, consolidating regulatory changes made...

Baltimore, Maryland – A federal judge sentenced a California man, today, for his involvement in a cross-country money laundering conspiracy involving proceeds from marijuana trafficking....