Latest Money laundering News

Keiko Fujimori, the daughter of Peru's former President Alberto Fujimori and opposition leader is escorted by police in Lima, Peru, Tuesday, Jan. 28, 2020. In a court session a judge decided she must return to preventive detention pending a corruption investigation. (AP Photo/Martin Mejia)

Peru judge orders detention for Fujimori during graft probe

Jan. 28, 2020 7:22 PM EST

LIMA, Peru (AP) — Opposition leader Keiko Fujimori can be held 15 months in prison while she is investigated for possible money laundering, a Peruvian judge ruled Tuesday, shortly after official vote returns showed her party was trounced in weekend congressional elections. Judge Victor Zuñiga said...

Imam pleads guilty in kidnapping, money laundering plot

Jan. 28, 2020 10:54 AM EST

LEXINGTON, Ky. (AP) — A Kentucky Islamic leader accused of involvement in a murder for hire plot pleaded guilty Monday to some of the charges against him. Mahmoud Shaker Shalash entered guilty pleas in federal court to conspiring to kidnap someone and two counts of money laundering, according to court...

File - In this Oct. 23, 2019, file photo, McGregor Scott, the U.S. Attorney for the Eastern District of California, looks over a 2007 Ford Shelby GT500 displayed in Sacramento, Calif., that was among the vehicles seized by the federal government to be auctioned off. The cars belonged to owners of a San Francisco Bay Area solar energy company that have pleaded guilty for participating in what federal prosecutors called a massive Ponzi scheme that defrauded investors of $1 billion. Jeff and Paulette Carpoff entered pleas Friday, Jan. 24, 2020, involving the scam that could result in up to 30 years in prison for him, and up to 15 years in prison for her. (AP Photo/Rich Pedroncelli, File)

California couple pleads guilty to plotting $1B Ponzi scheme

Jan. 24, 2020 5:06 PM EST

SACRAMENTO, Calif. (AP) — The owners of a San Francisco Bay Area solar energy company pleaded guilty Friday to charges that they plotted a massive Ponzi scheme that defrauded investors of $1 billion. As part of their plea deal, prosecutors said the husband and wife team from Martinez agreed to forfeit...

FILE - In this Wednesday, Dec. 13, 2017 file photo, Russian cybercrime suspect Alexander Vinnik, left, arrives at Greece's supreme court in Athens. Greece's justice minister has signed an order on Friday, Dec. 20, 2019, for bitcoin fraud suspect Alexander Vinnik to be extradited to France - concluding an international legal battle surrounding the Russian former cryptocurrency trading platform operator. (AP Photo/Petros Giannakouris, file)

France charges bitcoin expert Vinnik with money laundering

Jan. 24, 2020 11:03 AM EST

PARIS (AP) — French officials have filed preliminary charges of money laundering and extortion against Russian bitcoin fraud suspect Alexander Vinnik, who's tangled in a multi-country legal battle. The United States also wants to prosecute Vinnik, accusing him of laundering billions of dollars through...

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)

Amid scandal, 'Africa's richest woman' sells European assets

Jan. 24, 2020 11:03 AM EST

LISBON, Portugal (AP) — The billionaire daughter of a former African leader is shedding some of her investments in Europe after she came under official investigation for alleged money-laundering and corruption. Isabel dos Santos has invested heavily in recent years in Portugal, the former colonial ruler...

Treatment center owner gets prison for $48 million fraud

Jan. 23, 2020 11:13 AM EST

YOUNGSTOWN, Ohio (AP) — The owner of two closed substance abuse treatment centers in Ohio was sentenced to 7 1/2 years in prison for what federal authorities say was a massive Medicaid fraud scheme. Ryan Sheridan, 39, of Leetonia, apologized before his sentencing Wednesday in Youngstown. He pleaded guilty...

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)

Portugal police: Banker in Angola scandal hangs himself

Jan. 23, 2020 10:50 AM EST

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...

STORY REMOVED: PA--Waitress-Casino Scheme

Jan. 21, 2020 5:47 PM EST

WILKES-BARRE, Pa. (AP) — The Associated Press has withdrawn its story about an ex-waitress sentenced for her role in a slot machine scam at a Pennsylvania casino. The information is outdated; the sentencing occurred in 2017 and was re-published erroneously. The AP will not move a corrected version of the...

Feds: Florida man used damaged goods fraud to steal $1.5M

Jan. 21, 2020 4:43 AM EST

MIAMI (AP) — A Florida man is facing federal charges after prosecutors claim he submitted fake claims for damaged items to the U.S. Postal Service. Edwin Garcia-Albarracin, 45, was charged with multiple counts of mail fraud, wire fraud and money laundering, The Miami Herald reported. He was scheduled...

Helena man convicted of taking $390k stolen from armored car

Jan. 17, 2020 2:53 PM EST

HELENA, Mont. (AP) — A Helena man has been convicted of taking $390,000 that was stolen from an armored truck and spending it on gambling, day trading, and travel. A federal jury found John Gregory Alexander Herrin, 30, guilty Thursday of interstate transportation of stolen property and eight counts of...