23rd November 2018
AP — China on Thursday rejected a U.S. government report that accuses Beijing of stepping up efforts to steal technology ahead of a meeting between Presidents Donald Trump and Xi Jinping. The Commerce Ministry dismissed the U.S. Trade Representative’s report as “new unwarranted accusations” and said… Read More
23rd November 2018
Australian nationals convicted of terror offences would be stripped of their citizenship if the government believes they are entitled to apply for residency from another country, Prime Minister Scott Morrison proposed on Thursday. Australia, a staunch U.S. ally that sent troops to Afghanistan and Iraq, has seen a spate of… Read More
22nd November 2018
A key figure in the $234 billion Danske Bank money laundering affair has hit out at the United Kingdom, highlighting the role of British company structures in what is considered to be the ‘biggest scandal in Europe.’ Whistleblower and former Danske employee Howard Wilkinson reportedly told European Union… Read More
22nd November 2018
AP – A French banker on trial for money-laundering in Greece over arms procurements went missing from home arrest on Tuesday after breaking his electronic tag, the Greek justice ministry said. Jean Claude Oswald, who is among defendants facing charges related to kickbacks paid for the acquisition of submarines by… Read More
22nd November 2018
AP — The credibility of FIFA’s reshaped ethics committee took a hit Wednesday after a leading judge was arrested on suspicion of corruption in Malaysia and later removed as deputy chairman. Sundra Rajoo has been taken off cases while under investigation by the Malaysian Anti-Corruption Commission for financial wrongdoing in… Read More
22nd November 2018
A tale of drug money laundering spanning from the crowded streets of Casablanca to the pristine shores of Lac Leman, Geneva, has finally come to its conclusion in the courts in Paris – and an epilogue yet to play out in French prison. The story begins almost a decade earlier… Read More
22nd November 2018
AP – Interpol has a new president after an unusually contentious vote. Here’s a look at how the international police agency works: WHAT IT IS Interpol is an international body that connects police from 194 countries. A country hunting a terrorist, drug trafficker or other criminal… Read More
21st November 2018
AP — Interpol is facing a pivotal — some say possibly fatal — moment in its history as members decide whether to hand its presidency to a man who represents Vladimir Putin’s Russia. Kremlin critics fear they could soon face arrest wherever they go. Western… Read More
21st November 2018
German financial watchdog Bafin has asked Deutsche Bank (DBKGn.DE) to supply information on its dealings with Danske Bank (DANSKE.CO), which is ensnarled in money laundering allegations, a source close to the matter said on Tuesday. After a fast evaluation of the data, Bafin will decide whether to launch a formal… Read More
21st November 2018
Tanzania’s central bank conducted a surprise inspection of foreign exchange bureaus in a crackdown on black market currency trading and money laundering, it said on Tuesday. Soldiers and other security forces took part in Monday’s operation in the northern town of Arusha, a tourism and gemstone trading hub, so different… Read More
Must Read

Iran courts jail 30 men for economic crimes after public outcry

Fast-track courts set up in Iran to fight economic crime have jailed 30 men for up to 20 years each, the judiciary said on Sunday, as the country faces renewed U.S. sanctions and a public outcry against profiteering and corruption. The new Islamic revolutionary courts — whose rulings cannot be… Read More

Police arrest over 200 fake-cash ‘customers’ after counterfeit money agent jailed

Law enforcement agencies across Europe have taken action against suspects who bought counterfeit euro banknotes on illegal platforms on the Darknet. In total, almost 300 house searches were conducted in 13 different countries and 235 suspects were detained. Law enforcement also seized around 1 500 counterfeit euro banknotes. Read More