Former Petroleos Mexicanos Chief Executive Officer Emilio Lozoya denied media reports that he received $10 million in an alleged bribery
The government has agreed not to prosecute Citigroup’s Mexico-based subsidiary despite damning evidence it aided a cross-border money-laundering scheme for
The international community loses hundreds of billions of dollars every year due to trade-based money laundering, says a US report which identifies China, Russia, Mexico and India as the top four sources of illicit financial outflows.
Stefan Cassella of Asset Forfeiture Law, LLC comments on US v Rains, which evaluated the definition of ‘excessive’ forfeiture of property in
Look to your right: There’s the Pillar of Light, a towering monument shaped like a vanilla wafer cookie. A company was allegedly allowed to overcharge the equivalent of millions of dollars for steel used in its construction.
Dutch lawyers and rights activists Thursday filed a criminal complaint against Rabobank accusing the lender of complicity in money-laundering by Mexican drug cartels and urging prosecutors to investigate.
A little over 25 years ago, I first heard of the Office of Foreign Assets Control (OFAC)—when the New York branch of the large international bank I worked for was fined 25 thousand dollars for ...
As regulatory compliance initiatives move toward utilizing machine learning and artificial intelligence (AI), what effect might the increased efficacy of AML programs have on developing nations and small financial players without large compliance budgets? More ...
By Irene Madongo With Hurricane Irma wreaking havoc across the Caribbean, some businesses in battered offshore financial centres have resorted to taking “extraordinary” steps to secure client data which may be targeted by fraudsters and transparency ...
Susan has been making her living from crime for over twenty years. She provides anti-money laundering training and advice to the regulated community in the UK, Guernsey, Jersey, the Isle of Man and Gibraltar, and ...
Swiss prosecutors are trying to figure out why someone apparently attempted to flush tens of thousands of euros down the toilet at a Geneva branch of UBS Group AG. The first 500-euro ($597) bills were ...
Uber Technologies, facing a federal probe into whether it broke laws against overseas bribery, has embarked on a review of
Russia’s central bank shares China’s skeptical view of cryptocurrencies and initial coin offerings, signaling that not all Moscow authorities are
A Barclays bank worker and four other men have admitted being part of a network responsible for laundering at least
US President Donald Trump has told the UN General Assembly that America would destroy North Korea if forced to defend