Chinese Operatives and Drug Money: The Daylight Laundering of Mexican Cartel Cash
Mexican Drug Cartels Collaborate with Chinese Money Laundering Network A recent report from the Wall Street Journal reveals that Mexican drug cartels are teaming up with a network in China to generate substantial profits from drug sales for Chinese citizens in the U.S. The Sinaloa Cartel, once headed by Joaquin “El Chapo” Guzman, is said […]
Billionaire Balvinder Singh Sahni of Indian descent Imprisoned in Dubai for Money Laundering
Dubai: Balvinder Singh Sahni, an Indian businessman based in Dubai, has been sentenced to prison and deported from the United Arab Emirates (UAE) due to financial offenses, including money laundering. Known as Abu Sabah, he received a five-year prison term alongside a fine of DH500,000 (approximately Rs 1,14,89,750). Additionally, a Dubai court mandated the confiscation […]
Jasmine Crockett under FEC investigation for money laundering
Texas Rep. Jasmine Crockett (D) was in the headlines for her wild antics in the not-so-distant past, but this time it appears that the reason is a little more serious. Crockett is under official investigation by the Federal Election Commission for Money Laundering through Actblue at the Democrats’ Donation Site and Intimidation by voter threats […]
ICE deports former Mexico governor who was in jail for money laundering
The former Mexican governor and presidential candidate were deported this week by US Immigration Customs Enforcement (ICE) after he sentenced federal prison sentences in the US for US laundry this week. Thomas Jesus Yarrington Luvalkava, 68, was removed with ice on Wednesday and handed over to Mexican authorities he wanted, the agency announced Friday. Yarrington […]
AML Bitcoin Creator Convicted Of Wire Fraud And Money Laundering | Bitcoinist.com – Bitcoinist
A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure The federal ju judge has convicted Marcus Andrede of Roland, creator of AML Bitcoin. Telecommunications fraud and money laundering fees. The verdict came after a five-week trial in cases that exposed false claims about cryptocurrency and its supposed technical capabilities. Andredo, 47, […]
BUSTED: ActBlue caught money laundering?
Gunshots were reported outside one of Elon Musk's Tesla showrooms as the radical left dreamed of a unique environmental electric vehicle, but Liz Wheeler of “The Liz Wheeler Show” doesn't believe these protests are grassroots. “These are not people who are trying to hear their voices in peaceful protests. They are funded by the group […]
Real estate agent convicted of money laundering in landmark case tied to Russian oligarchs’ luxe Miami condos
Miami's real estate broker was convicted of a money laundering fee because the two approved Russian Oligar Hi supported rental and sales. Florida luxury property -When a US real estate agent is first responsible under federal law. Romantic Shin Yabsky was convicted earlier this month for conducting real estate trading, including blocked real estate owned […]
Justice Department asks Supreme Court to reinstate anti-money laundering law
As the legal battle unfolds in lower courts, the Justice Department has asked the Supreme Court to issue an emergency order reinstating federal anti-money laundering laws. The Corporate Transparency Act (CTA), passed in 2021, will require millions of companies to disclose personal information about their owners by next month. The law has been on hold […]
Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company – The Daily Hodl
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) said it is taking action against individuals and entities involved in this operation to dismantle North Korea's digital asset money laundering network. OFAC said in a statement, say Sanctions Chinese nationals Lu Huaying and Zhang Jian who worked in a network that used front companies […]
Credit Suisse conviction in 2022 cocaine cash laundering case is overturned
Switzerland's highest court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to stop money laundering by a Bulgarian cocaine trafficking ring, overturning a 2022 conviction. The Federal Criminal Court's original decision was seen as a test for bank prosecutions. A former employee of the bank was found guilty of money laundering, and […]