Money Laundering

September 13, 2018 - 11:40 am
MADRID (AP) — A judge in Andorra has charged 28 people, including former officials in Venezuela, with money laundering offenses over a kickbacks-for-contracts scheme that plundered $2 billion from the Venezuelan state oil company between 2007 and 2012. Investigating magistrate Canolic Mingorance...
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Muhammad Shafee Abdullah, second left, arrives at the High Court for a hearing in Kuala Lumpur, Malaysia, Thursday, Sept. 13, 2018. Shafee, a top lawyer for former Prime Minister Najib Razak has been charged in court with receiving 9.5 million ringgit ($2.3 million) from Najib believed to have come from billions laundered from a state investment fund. (AP Photo)
September 13, 2018 - 4:54 am
KUALA LUMPUR, Malaysia (AP) — A top lawyer for former Malaysian Prime Minister Najib Razak was charged Thursday with receiving 9.5 million ringgit ($2.3 million) in ill-gotten wealth from his client, who is himself accused of money laundering and corruption. Muhammad Shafee Abdullah was arrested...
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September 04, 2018 - 3:18 am
THE HAGUE, Netherlands (AP) — Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands, prosecutors said Tuesday. The country's financial prosecution service said in a statement that ING for years failed to adequately implement a law aimed...
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These undated file photos released by the Weber County Sheriff's Office show Jacob Kingston, left, and Isaiah Kingston. Two Salt Lake City biodiesel executives linked to a polygamous group will stay in jail after prosecutors argued they could flee to Turkey if released ahead of trial in an alleged $511 million tax credit scheme. The men have access private jets, millions of dollars stashed abroad and an unidentified federal law-enforcement contact who apparently tipped them off ahead of a raid, special assistant U.S. Attorney Leslie Goemaat said at a hearing on Wednesday, Aug. 29, 2018. Kingston's attorney said the prosecutor's allegations are false hearsay. (Weber County Sheriff's Office via AP, File)
August 29, 2018 - 4:07 pm
SALT LAKE CITY (AP) — Two Salt Lake City biodiesel executives linked to a polygamous group will stay in jail after prosecutors argued they could flee to Turkey if released ahead of trial in an alleged $511 million tax credit scheme. The men have access private jets, millions of dollars stashed...
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In this Aug. 10, 2018, photo, actor Jiratpisit Jaravijit, center, is escorted by Thai police officers to leave the Crimes Suppression Division in Bangkok, Thailand. Thai authorities are expected to step up their investigation of a financial scam involving the alleged theft of about $25 million worth of bitcoins from a Finnish investor who police say was bilked with promises of high returns from investments in a casino in Macau and in another cryptocurrency. The case, which surfaced with the arrest in a shopping mall parking lot of a young soap opera actor suspected of colluding with his sister and brother, has prompted Thailand’s central bank to warn investors against risks of bitcoin-related scams, underscoring the challenge for regulators trying to keep up with the fast-growing cryptocurrency markets. (AP Photo/Khanathit Srihirundaj)
August 27, 2018 - 5:31 am
BANGKOK (AP) — Thai authorities this week are expected to step up their investigation of a financial scam involving the alleged theft of about $25 million worth of bitcoins from a Finnish investor who police say was bilked with promises of high returns from investments in a casino in Macau and in...
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FILE - This April 6, 2018, file photo shows a screen shot of Backpage.com on the day that federal authorities seized the classified site as part of a criminal case. Dan Hyer, sales and marketing director for Backpage.com, pleaded guilty Friday, Aug. 17, 2018, in Arizona to conspiring to facilitate prostitution in a scheme to give free ads to prostitutes in a bid to draw them away from competitors. Six others affiliated with Backpage.com face charges in the case. (AP Photo/Damian Dovarganes, File)
August 17, 2018 - 3:07 pm
PHOENIX (AP) — The sales and marketing director of Backpage.com pleaded guilty Friday to conspiring to facilitate prostitution, acknowledging that he participated in a scheme to give free ads to prostitutes in a bid to draw them away from competitors and win over their future business. Dan Hyer is...
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Former Malaysian Prime Minister Najib Razak, right, arrives at High Court of Malaya in Kuala Lumpur, Malaysia, Wednesday, Aug. 8, 2018. Najib will face a new charge of money laundering over a multibillion-dollar graft scandal at a state investment fund, the anti-corruption agency said. Najib in July pleaded not guilty to abuse of power and three counts of criminal breach of trust, just two months after the scandal led to his stunning election defeat. (AP Photo/Yam G-Jun)
August 07, 2018 - 7:12 pm
KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak has been charged with three counts of money laundering related to the alleged multibillion-dollar looting of a state investment fund, adding to his troubles just three months after his stunning electoral defeat. Najib stood...
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Former Argentine Vice President Amado Boudou sits in a courtroom during the verdict of the trial against him in Buenos Aires, Argentina, Tuesday, Aug. 7, 2018. Boudou was sentenced to five years and 10 months in prison for bribery and conducting business incompatible with public office. (AP Photo/Sebastian Pani)
August 07, 2018 - 11:36 am
BUENOS AIRES, Argentina (AP) — A court in Argentina on Tuesday sentenced former Vice President Amado Boudou to five years and 10 months in prison for bribery and conducting business incompatible with public office. The decision is a hard fall from grace for Boudou, 55, who also served as economy...
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FILE - In this Feb. 14, 2018, file photo, Paul Manafort leaves the federal courthouse in Washington. The trial of President Donald Trump’s former campaign chairman will open this week with tales of lavish spending on properties and clothing and allegations that the political consultant laundered money through offshore bank accounts. What’s likely to be missing: answers about whether the Trump campaign colluded with Russia during the 2016 presidential election. (AP Photo/Pablo Martinez Monsivais, File)
July 29, 2018 - 9:58 pm
WASHINGTON (AP) — Don't expect answers about Trump campaign coordination with the Russians to come out of the trial of President Donald Trump's onetime campaign chairman. Paul Manafort is scheduled to go to trial Tuesday in Alexandria, Virginia, on charges relating to money laundering stemming from...
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People hold up masks depicting the Brazilian former president Luiz Inacio da Silva during the Lula Free festival in Rio de Janeiro, Brazil, Saturday, July 28, 2018. Popular Brazilian musicians and social movements organized a concert to call for the release of da Silva, who has been in prison since April, but continues to lead the preferences on the polls ahead of October's election. (AP Photo/Leo Correa)
July 28, 2018 - 3:46 pm
RIO DE JANEIRO (AP) — Some of Brazil's most popular artists are calling for jailed former president Luiz Inacio Lula da Silva to be freed in a concert being held in Rio de Janeiro. The leftist leader was convicted of corruption and money laundering, but his supporters say the sentence was...
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