Researchers report that cryptocurrency money-laundering reached $82 billion in 2025.
Cryptocurrency Money Laundering Surges In 2022, illicit money laundering linked to cryptocurrencies reached at least $82 billion, a significant increase from $10 billion in 2020, according to blockchain researchers. This rise is largely attributed to the rapid expansion of Chinese-speaking criminal organizations. Chinese money laundering networks stand out as the fastest-growing, having emerged during the […]
Former bank CEO alerted client about money-laundering investigation and discussed confidential details while an employee sat on his lap during a video call, according to a lawsuit.
The former CEO of Flagstar Bank has been accused of steering clients away from money laundering investigations and discussing sensitive company matters, according to a whistleblower lawsuit filed in federal court. Alessandro Dinello, who headed Flagstar following its merger with New York Community Bancorp in 2022, is under scrutiny for odd conduct. The lawsuit highlights […]
Ex-PM Who Oversaw Chagos Deal Arrested over Money-Laundering
(AFP) – Mauritius police on Sunday arrested the island's former prime minister, Pravind Jugnaus, with a money laundering probe and seized cash in the assault on the homes of fellow suspects, officials said. Officials detained the 63-year-old along with his wife, Covita Jugnaus, on Saturday and questioned them for several hours, a police source who […]
Chinese gang jailed for operating £55m money-laundering ring | London
Seven people have been jailed for running a £55 million clandestine money laundering ring that targeted international students trying to circumvent limits on the amount of cash they could take out of China. Four people – three men and one woman – were found guilty of various money laundering offences at Snaresbrook Crown Court on […]
Democrats’ ActBlue accused of massive money-laundering scheme over potentially fraudulent donations
Political action committee ActBlue Charities Inc. is accused of a massive money laundering scheme that includes a long list of allegedly fraudulent donations, according to multiple independent reports. Parker Thayer, a research fellow at the Capital Research Center, a think tank, said: X It shows tens of thousands of donations allegedly sent by a single […]
Epoch Times CFO Bill Guan Charged in Alleged $67m Global Money-Laundering Scheme
Chief financial officer of the conservative Global News Network Epoch Times He was arrested on suspicion of involvement in a large-scale international money laundering scheme. The federal government suspects there was a long-running scheme to launder at least $67 million in illicit funds. The prosecutor Monday. According to the indictment, Bill Guan, 61, led the […]
North Korean Hackers Share Money-Laundering Networks with Drug Traffickers
North Korean state-controlled hackers are sharing underground banking and money laundering networks with fraudsters and drug traffickers across Southeast Asia, including Myanmar, Thailand and Laos, the United Nations Office on Drugs and Crime (UNODC) said on Monday. published a report accusing the government of , and Cambodia. The report titled Casinos, money laundering, underground banking, […]