Featured Criminal Investigations

A Ukrainian Anti-Corruption Activist Is Now Being Investigated for Corruption

A young activist who became prominent in Ukraine's 2014 uprising and was later appointed to work on a major project to reform the corruption-plagued customs of Odessa is herself being investigated for corruption. Read More

Canada refuses to name bank that broke money laundering rules 1,225 times

Canada’s money-laundering agency is refusing to name the bank hit with an unprecedented penalty for failing to report a suspicious transaction and committing hundreds of other violations in its dealings with a controversial client. Details of the failures — including one the agency described as “very serious” — were revealed… Read More

US cyber fraud: Three men accused of $4m insider deal

Three Chinese citizens accused of hacking into computers of American law firms advising on company mergers have been charged with multi-million dollar cyber fraud in New York. Read More
9th October 2018
Swiss bank UBS Group and six of its executives faced trial in France on Monday over charges of money laundering and tax evasion. The charges, which were also brought against UBS’ French unit, originate from a report by employee Bradley Birkenfeld which detailed a scheme to help rich clients funnel… Read More
9th October 2018
AP — Chinese authorities scrambled to contain a public relations mess over the disappearance of the former Interpol president during his trip home to China, saying Monday that he was being lawfully investigated for bribery and other crimes. But the government’s announcement did little to address… Read More
5th October 2018
AP — The United States government has opened a criminal investigation into the flow of dirty money through the Estonian branch of Denmark’s biggest bank, the lender said Thursday. Danske Bank says it is “in dialogue” with the U.S. Department of Justice, which had asked for… Read More
11th September 2018
AP — A Singaporean court has ordered the return of 15.3 million Singapore dollars ($11.1 million) linked to the indebted 1MDB Malaysian state investment fund. Law firm Tan Rajah & Cheah said Monday that the misappropriated funds were being transferred to a special 1MDB recovery bank… Read More
4th September 2018
The Serious Fraud Office (SFO) seeks to step up the war on complex financial crime, pursuing prosecutions, settlements and new technology, in order to make Britain an ‘inhospitable place’ for criminals to operate, according to SFO chief Lisa Osofsky. Newly appointed Osofsky has taken on the SFO role at a… Read More
24th August 2018
Denmark’s financial watchdog said on Thursday it had asked the state prosecutor to investigate Copenhagen Cooperative Bank for a suspected breach of the country’s money laundering act. Based on an inspection in June, the Financial Supervisory Authority (FSA) said it suspected the small retail bank did not take appropriate measures… Read More
22nd August 2018
Denmark said on Tuesday it is targeting U.S. and British companies and individuals as it expands a global campaign to recoup billions of crowns it alleges were paid out in fraudulent tax refunds between 2012 and 2015. Danish tax authorities said they have opened 388 civil cases against firms or… Read More
17th August 2018
A man regarded as one of Europe’s most wanted criminals has been arrested following an operation by the UK’s National Crime Agency (NCA). The suspect, who is considered to be the head of a major Romanian organised crime network, was wanted for money laundering, human trafficking, conspiracy to murder… Read More
15th August 2018
South Africa will probe allegations that state attorneys defrauded government of billions of dollars by deliberately losing cases, the justice minister said on Tuesday, the latest crackdown on corruption under President Cyril Ramaphosa. Ramaphosa, who replaced former president Jacob Zuma in February, has made the fight against corruption a key… Read More
8th August 2018
U.S. prosecutors are investigating whether Goldman Sachs Group Inc (GS.N) has any culpability in a Malaysian fraud involving a government fund that had ties to a former bank employee, the New York Times reported on Tuesday. 1Malaysia Development Berhad (1MDB) is at the center of money-laundering investigations in at least… Read More
Must Read

Germany: Santander bank caught up in major tax evasion investigation

Prosecutors in Germany have launched a probe into the role Spanish bank Santander may have played in a widespread tax fraud scheme. The probe, which has seen the authorities examine the role of other banks, looks at allegations that Santander executed trades that facilitated ‘severe tax evasion’ between 2007 and… Read More

Denmark investigates Nordea Bank over money laundering allegation

Denmark’s state prosecutor has launched a probe into a complaint that Nordea Bank facilitated money laundering. The Danish State Prosecutor for Serious Economic and International Crime declined to name the firm that made the allegations, but said in a tweet: “We can confirm that we have received a report… Read More