Money Laundering

April 09, 2020 - 10:49 am
NEW YORK (AP) — Two former 21st Century Fox Inc. executives were allowed to remain free on $15 million appearance bonds, three days after they were indicted as part of the U.S. government’s investigation of soccer corruption. Hernan Lopez and Carlos Martinez were arraigned Thursday on wire fraud...
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April 06, 2020 - 4:06 pm
NEW YORK (AP) — Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and 2022...
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In this photo provided by the Davis County Sheriff's Office shows Lev Aslan Dermen. Openings arguments are set Wednesday, Jan. 29, 2020, in Utah for a California businessman who prosecutors accuse of being a key figure in a $511 million tax credit scheme carried out by two executives of a Salt Lake City biodiesel company linked to a polygamous group. The men from the polygamous group pleaded guilty last year to money fraud and other charges and are expected to testify against Lev Aslan Dermen, who has pleaded not guilty. (Davis County Sheriff's Office, via AP)
March 16, 2020 - 3:34 pm
SALT LAKE CITY (AP) — A California businessman accused of helping a pair of Utah polygamists expand a biodiesel fraud scheme that ended up stealing nearly $500 million in government funds was found guilty Monday on 10 counts including money laundering and mail fraud. The verdict against gas station...
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March 11, 2020 - 11:19 am
MIAMI (AP) — A University of Miami professor who is a top expert on money laundering in Latin America is scheduled to plead guilty for trying to hide $3 million in proceeds from a corruption scheme with Venezuela's socialist government. Bruce Bagley, 73, was arrested in November on three counts of...
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March 02, 2020 - 11:20 am
WASHINGTON (AP) — Two Chinese nationals were charged Monday with laundering over $100 million in cryptocurrency that had been stolen by North Korean hackers, U.S. prosecutors said. Tian Yinyin and Li Jiadong were charged in an indictment unsealed in Washington with money laundering conspiracy and...
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FILE - This June 13, 2016 file photo shows Drug Enforcement Administration (DEA) agents in Florida. On Friday, Feb. 21, 2020, the FBI arrested U.S. federal narcotics agent Jose Irizarry and his wife, Nathalia Gomez Irizarry, at their residence in Puerto Rico, according to a law enforcement official familiar with the arrest. He has been charged with conspiring to launder money with the very same Colombian drug cartels he was supposed to be fighting. (Joe Burbank/Orlando Sentinel via AP, File)
February 22, 2020 - 7:10 am
MIAMI (AP) — A once-standout U.S. federal narcotics agent known for spending lavishly on luxury cars and Tiffany jewelry has been arrested on charges of conspiring to launder money with the same Colombian drug cartel he was supposed to be fighting. Jose Irizarry and his wife were arrested Friday at...
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President Donald Trump talks to the media before he boards Air Force One for a trip to Los Angeles to attend a campaign fundraiser, Tuesday, Feb. 18, 2020, at Andrews Air Force Base, Md. (AP Photo/Evan Vucci)
February 19, 2020 - 3:17 am
WASHINGTON (AP) — President Donald Trump went on a clemency blitz Tuesday, commuting former Illinois Gov. Rod Blagojevich's 14-year prison sentence and pardoning former New York City police commissioner Bernie Kerik, among a long list of others. Those who got a break from Trump include financier...
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February 12, 2020 - 12:16 am
NICOSIA, Cyprus (AP) — Cyprus needs to step up its fight against the laundering of illicit cash generated outside the east Mediterranean island nation, a leading European financial watchdog said Wednesday. Moneyval, which is part of the Council of Europe, the continent's leading human rights...
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In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)
January 23, 2020 - 7:49 am
LISBON, Portugal (AP) — A Portuguese banker named in a major Angolan money-laundering and corruption scandal has died in an apparent suicide at his home, police said Thursday. Nuno Ribeiro da Cunha, named as a suspect by Angolan authorities in an investigation targeting the billionaire daughter of...
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January 16, 2020 - 10:51 am
GUATEMALA CITY (AP) — A former economy minister was declared a fugitive from justice Thursday, a day after he appeared in court to face corruption allegations. Chief anti-impunity prosecutor Juan Francisco Sandoval said Acisclo Valladares Urruela was not at his residence when authorities went there...
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