Posts in category

Money laundering


Crypto-exchange exploits OpSec errors to eliminate crooks Cryptocurrency exchange Binance explained how advancements in data analysis have helped it track down a group of money launderers involved in various cybercrimes, including the notorious Clop ransomware scam. Ukrainian police ad the arrest of individuals and the dismantling of infrastructure related to the “Clop” ransomware operation earlier …

Melvin Theuma’s partner, the intermediary in the Caruana Galizia assassination turned state evidence, should be charged with money laundering offenses directly related to Theuma’s criminal activity. MaltaToday understands that the charges relate to Theuma’s own criminal career, which includes organizing an illegal lottery that has brought him hundreds of thousands, if not millions, over the …

Bombay, June 26 The Execution Directorate summoned former Maharashtra Interior Minister Anil Deshmukh on Saturday for questioning in a money laundering case linked to rupee 100 crore bribery charges, officials said. . They said the 71-year-old NCP politician was asked to give evidence to the investigator handling the case at the Enforcement Branch (ED) office …

Belgium has launched a platform through which the government and banks will jointly examine suspicious accounts and share information on money laundering risks, criminal activity and protection practices. Similar programs implemented in neighboring countries have already proven their worth. (Source: Pixabay.com)The country’s financial sector federation, Febelfin, launched the AML consultation platform to merge the private …

Falcon AI raised $ 10 million in its Series A funding round through BlackFin Capital Partners, with Picus Capital also participating by increasing its existing stake. The Munich-based provider’s software protects banks, payment companies and fintechs by detecting transactions related to financial crimes. The software identifies patterns of suspicious activity using artificial intelligence which enables …

Four people were charged in an unsealed federal indictment on Monday that charged them with conspiracy to distribute methamphetamine and money laundering in Tioga County. The indictment charges Tushaun Merritt, DeMarrio Shell, Michael Hawkins and David Wemmer with conspiracy to distribute and possess controlled substances, as well as conspiracy to commit money laundering for promotional …

A Turkish businessman was arrested in Austria on June 19, at the request of the US Department of Justice. The arrest follows a replacement indictment issued by a federal grand jury in Salt Lake City, Utah on April 28, which was unsealed today. The indictment replacing Sezgin Baran Korkmaz has been charged with one count …

SmartSearch has warned of the dangers of rushing into anti-money laundering checks, in a bid to pass the next stamp holiday deadline at the end of June. Thousands of buyers are expected to benefit from the temporary waiver of the Land Stamp Duty Tax (SDLT) on properties valued up to £ 500,000 in England and …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, June 19: Money launderers and real estate fraudsters in Kuwait have found the opportunity to conduct their shady operations in various ways and methods to launder money by smuggling it and conduct operations real estate fraud, including the sale of cottages, farms, cattle pens, luxury cars and apartments …

Peter Nwaoboshi Lagos Federal High Court Judge Chukwujekwu Aneke yesterday acquitted and acquitted a leader of the People’s Democratic Party (PDP) Senator Peter Nwaoboshi on the 322 million naira money laundering charge. against him by the Economic and Financial Crimes Commission (EFCC). The judge ruled that the prosecution’s case had collapsed when he failed to …