Tag "Money Laundering"
World’s Biggest Banks Fined Money Laundering
Regulatory failings from money laundering is a situation several global banks have been apart of, and even paid $321 billion in fines since 2008 for to market manipulation and terrorist financing, according to data from Boston Consulting Group. That tally of
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International Fraud, Money Laundering Scheme Involving Sale of Gold
TAMPA, Fla. – Four individuals were sentenced Tuesday for conspiracy, money laundering conspiracy and mail fraud. The case was investigated by the U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) and the U.S. Secret Service, with assistance from
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Fake Job Ads on Government Website JobActive End In Laundering Money
Fake jobs are being offered by criminals on the Australian website JobActive, tricking users into handing over their personal bank account details. JobActive is a job search portal run by the Department of Employment, and has about 275,000 registered users.
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5 Arrested for IRS Impersonation Scam
A growing IRS impersonation scam has five suspects arrested for their involvement, which has bilked an estimated $36.5 million from 6,400 victims nationwide, federal officials said Tuesday. Nabbed Monday in Miami, Fla., the suspects are accused of making multiple calls
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Fortuneteller Pays $1.2M After Pleading Guilty to Fraud and Money Laundering
A fortuneteller recently plead guilty and charged with one count of mail fraud and one count of money laundering. Sandra Stevenson Marks, also known as Catherine Marks will now be required to repay victims at least $1.2 million, according to a plea agreement.
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Joe Giudice Reports to Fort Dix on Bankruptcy Fraud
The Federal Correctional Institution at Fort Dix now has highest concentration of Bravo reality show husbands in nation: Joe Giudice of “Real Housewives of New Jersey,” who reports for his 41-month sentence Wednesday, joins former “Real Housewives of Atlanta” star
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FIFA Fraud Investigation in ‘Money-Laundering’
Potential money-laundering offenses are under investigation in the UK related to Fifa corruption, according to The Serious Fraud Office. David Green, the director of the SFO, said that although the Bribery Act had been introduced too late to catch any offenses committed
Read MoreFL Police Laundered Millions in Drug Money Overseas to Enjoyed Lavish Lifestyle
A Miami Herald investigation revealed two local Florida police agencies engaged in a slick money laundering scheme ripped from a Hollywood movie, collecting $2.4 million for themselves in drug money. The Tri-County Task Force, which consisted of officers from two small police agencies,
Read MoreFive More Money Laundering Cases in Coal Scam Probe Registered by ED
NEW DELHI: Taking the number of coal scam cases under its investigation to over 40, Enforcement Directorate (ED) has registered five fresh money laundering cases against firms in various parts of the country. The latest FIRs have been lodged by
Read MoreFormer Bucks County Playhouse Owner Guilty of Money Fraud
The former longtime owner of the historic Bucks County Playhouse was found guilty Friday by a federal jury of claiming more than $200,000 in fraudulent insurance payments after a 2006 flood devastated the property, prosecutors said. Ralph Miller could face
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