money laundering
Fugitive Jho Low gets 10-year prison sentence in absentia from Kuwait court
Low is currently believed to be living in China under Beijing’s protection.
Trump Media probed by feds for possible money laundering after $8M loans from Putin-tied lender: report
Former President Donald Trump’s social media company was scrutinized by federal prosecutors for possibly violating money laundering laws after receiving $8 million in loans from a lender with ties to...
Signature Bank probed by feds over money laundering concerns before collapse: report
Justice Department officials in New York, Washington investigated Signature for allegedly being lax in flagging suspicious financial transactions.
Botching anti-money-laundering move, Biden weakens national security
To America’s most dangerous adversaries, it signals open season for exploiting the US financial system — with frightening implications for national security.
Disgraced ex-Goldman banker details 'brutal' stint in Malaysian jail
Ng claimed he lost 40% of his body weight after contracting diseases in the prison.
Indicted ex-FBI official Charles McGonigal worked for more than one Russian billionaire
“Based on his background, we thought it was very strange that he was brought in.”
Crypto rapper 'Razzlekhan' lands NYC tech job while under house arrest for bitcoin heist
Morgan will work for the unnamed company "in the role of growth marketing and business development specialist," according to her attorney, Eugene Gorokhov.
‘Hushpuppi’ gets prison term for money laundering conspiracy
A Nigerian social media influencer who called himself Ray Hushpuppi and flaunted a lavish lifestyle fueled by his efforts to launder millions of stolen dollars was sentenced Monday in Los...
'Catfishing' Nigerian scammer sentenced to 25 years
Elvis Eghosa Ogiekpolor, 46, enlisted a crew of eight "money mules" to lure unsuspecting victims into a $9.5 million.
Feds misled judge who OK'd warrant for $86M safety deposit raid in Beverly Hills: report
The alleged disclosure failure came out in FBI documents and agent depositions in a class-action lawsuit by box holders at U.S. Private Vaults, who say the 2021 raid violated their...
Jamie Dimon slams 'dangerous' bitcoin as 'decentralized Ponzi scheme'
Dimon said that the unregulated crypto marketplace makes it easier for criminals to engage in illicit activity such as money laundering, theft, and sex trafficking.
Sarah Lawrence sex-cult leader's top lieutenant faces 5 years after admitting guilt
A former Sarah Lawrence College student who fell under the control of sex predator Larry Ray pleaded guilty Wednesday to a single money laundering conspiracy count for aiding his sex...
What's the holdup? Legal experts blast lack of progress in Hunter Biden probe
The federal investigation into Hunter Biden's taxes has yet to yield an indictment — leaving veteran prosecutors to wonder what's going on with the case.
Credit Suisse found guilty in landmark cocaine, cash laundering case
Credit Suisse was convicted by Switzerland's Federal Criminal Court of failing to prevent money laundering in the country's first criminal trial of one of its major banks. A former employee was found...
SEC fines Wells Fargo $7M for anti-money laundering lapses
The SEC said Wells Fargo Advisors failed to file at least 34 Suspicious Activity Reports in a timely manner between April 2017 and October 2021.
Virginia man hit with 9 years for scamming over $35M from victims
Fred Asante made more than $35 million by scamming businesses, tricking older victims and illegally applying for federal COVID loans.
Hunter Biden grand jury witness was asked who is the 'big guy' in Chinese deal
A witness who testified before the Hunter Biden grand jury was asked to identify the "big guy" in the first son's planned deal with a Chinese energy conglomerate -- as...
How a crew laundered millions in cartel cash across New York City
The sight of the state trooper's flashing lights was enough to send Queens man Shaui Sun into panic as he sped down a Georgia highway in a rented SUV.
Two 20-year-olds charged in alleged $1.1M NFT scam
They took the virtual money and ran. Prosecutors in New York's Southern District Thursday charged two 20-year-olds in connection with an alleged NFT scam. Ethan Vinh Nguyen and Andre Marcus...
Ringleader of major dark web drug operation strikes plea deal in NYC
Chester Anderson, 47, will be sentenced to nine years in prison in June under the agreement that saw him plead guilty to four counts, including operating as a major trafficker...