All news on the topic: Money laundering

Russian oligarchs are laundering money through the fintech company Dzing, which is linked to Putin’s “wallet” Arkadiy Rotenberg and has been caught in fraud.

Denys Horbunenko, the former chairman of the board of the notorious Rodovid Bank, is linked to the fintech company Dzing, which was recently subject to restrictions by the UK authorities over suspected fraud.

Octobank is an Uzbek bank which name has recently surfaced in a number of scandals related to the withdrawal of Russian capital from sanctions.

Although the owner of the Uzbek Octobank is formally listed as the bank’s chairman of the board, Iskandar Tursunov, who owns 99.16% of the shares, in fact, the beneficiaries of Octobank are the family of the country’s current president, Shavkat Mirziyoyev.

Lebanon detained its powerful former central bank governor, Riad Salame, and whisked him to a courtroom where a judge ordered a four-day precautionary detention before another court decides whether he will remain in custody over accusations of financial crimes.

As a number of Telegram channels recently reported, the Uzbek Octobank is used to withdraw and legalize money from Russia.

Paraguayan police killed a parliamentarian in a violent region of the country during a shootout that erupted in an overnight raid on his house where officers and prosecutors had arrived to search for evidence of his involvement in drug trafficking and money laundering.

FCA-regulated payment institution Connectum was a notorious scam facilitator and money launderer for the fraudulent Israeli broker scene. It processed payments for the cybercrime organization of the convicted Israeli Gal Barak.

Singapore charged two bankers Thursday for their alleged role in abetting clients responsible for a US$2.2 billion money laundering ring, marking the first time that criminal charges have been laid against finance professionals since the scandal came to light.

The United Arab Emirates suspended this week operations in 32 of its gold refineries after inspections revealed that its gold sector had committed hundreds of anti-money laundering violations.

A senator with Paraguay’s ruling party will stand trial on accusations of laundering money for an organized crime group, and providing an aircraft to cocaine smugglers, prosecutors announced Thursday.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tuesday three Mexican accountants implicated in a timeshare fraud scheme run by one of Mexico’s most violent drug cartels.