A federal grand jury in the Southern District of Florida on Wednesday charged Raúl Gorrín, a Venezuelan businessman with close ties to socialist dictator Nicolás Maduro, for his involvement in a $1.2-billion money laundering scheme.
President Joe Biden on Thursday hailed the complex prisoner-swap deal with Russia that freed unjustly imprisoned Wall Street Journal reporter Evan Gershkovich, former U.S. Marine Paul Whelan, and two others in exchange for prisoners including Russian assassin Vadim Krasikov as a prodigious “feat of diplomacy.”
Chinese businessman Guo Wengui – also known as Miles Guo and several other names – was convicted on nine out of 12 counts for a billion-dollar fraud scheme by a New York jury on Wednesday.
Federal authorities revealed that members of the Sinaloa Cartel used a network of Chinese underground bankers to launder more than $50 million in drug proceeds.
U.S. Treasury Secretary Janet Yellen told China that the Biden administration will “not accept” a flood of cheap industry-destroying exports.
At least two U.S. federal agents working with a group of informants and straw men in Mexico were allegedly able to set up a sophisticated money laundering operation based out of Mexico City’s airport. The operation reportedly ran during the Obama-Biden administration between 2010 and 2019. The two agents apparently have not faced any prosecution and are reportedly still employed by the U.S. government.
The married owners of a Colorado funeral home are facing 260 criminal charges after being accused of abandoning nearly 200 decaying bodies and spending their customers’ money on lavish vehicles and cryptocurrency.
Hunter Biden’s failure to pay his bills was one reason Bergès dropped him as a client, he told the committees.
Socialist dictator Nicolás Maduro appointed his alleged top money launderer Alex Saab as the new head of the regime’s investment center.
The United Nations Office of Drugs and Crime (UNODC) released a report on Monday that accused North Korean state-controlled hackers of sharing their shadowy banking and money-laundering networks with scam artists and drug traffickers across Southeast Asia, including Myanmar, Thailand, Laos, and Cambodia.
President Joe Biden greenlit the release of Colombian businessman Alex Saab, accused of acting as Venezuelan socialist dictator Nicolás Maduro’s top money launderer, on Wednesday.
A Texas sheriff’s deputy seized nearly $110,000 in cash during a traffic stop on Interstate 10 — nearly 250 miles from the Mexican border. The deputy reportedly found the cash in body carriers on a Mexican woman traveling with her husband and a juvenile male.
The White House dismissed allegations leveled by James Comer regarding what the chairman termed “$40,000 in laundered China money.”
In Venezuela, the United States dollar has been vilified by the socialist regime time and time again for nearly a quarter of a century, and yet, at the end of the day, the Maduro regime can’t get enough of it.
A California man allegedly took over $830,000 in his mother’s social security payments and veteran benefits for more than 30 years after her death.
A founding member of the 1990s hip-hop group the Fugees was enmeshed in political conspiracies involving millions of dollars in foreign money under two different U.S. presidents, federal prosecutors said as his trial got underway with opening statements.
The European Union is in danger of “criminalising” the use of physical cash with its new anti-money laundering laws, an MEP has warned.
A Texas border judge appears to have set a $5,000 bond on a woman from Mexico who is facing money laundering charges. Authorities stopped the woman from trying to cross to Mexico with $250,000 and two handguns.
Rahul Gandhi, a senior leader of the opposition All India Congress Committee (AICC), on Monday protested against a corruption probe launched by the majority BJP Party that accused Gandhi and his mother of money laundering. The AICC denounced the probe as a “well-planned conspiracy” to destroy BJP’s leading opponents with false charges.
The Royal Thai Police recently rescued 700 Thais from Chinese criminal gang-run compounds in Cambodia, where Thais lured into financial telephone scams are held against their will in debt bondage, Al Jazeera reported Wednesday.
Groups representing over half of all members of the EU Parliament called to classify Switzerland as a high-risk money laundering country.
A federal court in New York sentenced a Gambino crime family captain to prison and ordered him to pay $1 million in restitution for his role in a racketeering conspiracy. The mobster will also pay a fine of $15,000.
A New York couple describing themselves as “serial entrepreneurs” have been arrested and charged with conspiracy to commit money laundering and to defraud the U.S. government in relation to a $4.5 billion Bitcoin heist in 2016.
A female Mexican national pleaded guilty to laundering large quantities of cash through U.S. banks in Ohio for one of the most violent drug cartels.
The White House flagged money laundering in the art industry on Monday as a point of corruption while allowing Hunter Biden to sell his artwork to anonymous buyers for as much as $500,000.
The Islamic State in West Africa Province (ISWAP), the rebranded ISIS affiliate wing of Boko Haram, allegedly funnels roughly $43 million through official Nigerian financial institutions annually according to a new report by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).
Italy’s left-populist Five Star Movement (M5S) is under investigation by prosecutors in Milan over allegations of receiving millions of euros of illicit funds from the Venezuelan consul in 2010.
An ethics complaint filed Friday alleged candidate Terry McAuliffe accepted a $350,000 donation from a foreign entity linked to an overseas money laundering investigation.
Trump mocked Hunter Biden’s shadowy and lucrative art career, saying it has “inspired [him] to immediately begin painting.”
A committee established by Sudan’s “sovereignty council” has taken control of “at least a dozen” lucrative firms linked to Palestinian terrorist organization Hamas, according to committee sources who spoke to Reuters on Thursday.
India’s Directorate of Revenue Intelligence (DRI) seized nearly three tons of heroin originating from Afghanistan worth an estimated $2.72 billion on September 15 at Mundra Port in western India’s Gujarat state, Gujarat Special Public Prosecutor Kalpesh Goswami confirmed to Indian media on Tuesday.
Prosecutors in Peru expanded an investigation this week into alleged money laundering by members of the ruling leftist Free Peru party to include party leader Vladimir Cerrón, Prime Minister Guido Bellido, and Cerrón’s brother Waldermar, the official party spokesman in Congress.
Buyers of Hunter Biden’s artwork, which will be featured in an exhibition in New York later this year, will remain anonymous, furthering concerns of the potential for Biden family corruption, as the problem of money laundering in the art world remains an issue of concern.
A New York City art gallery owner predicts that Hunter Biden’s latest venture as a full-time artist will prove to be profitable, with his art selling significantly over its actual value because of his family name alone.
President Joe Biden’s scandal-plagued son Hunter Biden is reportedly now engaged as a “full-time artist” and is working with Soho art dealer Georges Bergès to hold an exhibition in New York in the coming months, with prices for Hunter’s artwork ranging from $75,000 to $500,000, according to Artnet.
Then-VP Biden reportedly had dinner with his son’s business partners from Ukraine, Russia, and Kazakhstan in the U.S. capital in 2015.
Tensions are rising in the Mexican border state of Tamaulipas as federal forces work to arrest the governor who claims to have prosecutorial immunity. The governor claims the arrest warrant is political in nature and ordered by Mexico’s president. The tension has led to some talk about Mexico’s federal government pushing to assume control of Tamaulipas and fully remove the elected government.
Federal prosecutors are accusing a California man of fraudulently obtaining $5 million in coronavirus relief Payment Protection Program (PPP) loans and spending the money on luxury cars.
North Korea announced the abrupt end of diplomatic ties with Malaysia Friday in response to Kuala Lumpur’s “unpardonable crime” of extraditing a North Korean citizen to the United States for trial.
Nigeria’s Economic and Financial Crimes Commission (EFCC) indicted the Nigerian subsidiary of a Chinese construction firm for allegedly aiding the fraudulent cash transactions of a Nigerian senator amounting to roughly $13 million in 2014, the nation’s Premium Times reported Tuesday.
