Latest Money laundering News

'Affluenza' teen's mom to remain jailed pending trial

Aug. 20, 2018 9:03 PM EDT

FORT WORTH, Texas (AP) — A judge has denied bond for the mother of a Texas teenager who used an "affluenza" defense in a fatal drunken-driving wreck. Tonya Couch will now await her trial on money laundering and hindering apprehension charges in the Tarrant County Jail. Her trial is now set for Nov. 12....

Old-time union boss returns triumphant in Mexico

Aug. 20, 2018 2:59 PM EDT

MEXICO CITY (AP) — One of Mexico's powerful old-time union bosses has made an unrepentant, triumphal return to the public spotlight after being freed from nearly five years of prison and house arrest. Elba Esther Gordillo was arrested in 2013 on corruption and money laundering charges, the last of which...

Sales director for Backpage.com pleads guilty to conspiracy

Aug. 17, 2018 6:08 PM EDT

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 the...

Former Colombian official pleads guilty in bribery scheme

Aug. 14, 2018 3:26 PM EDT

MIAMI (AP) — A former Colombian anti-corruption official and a lawyer have pleaded guilty to U.S. money-laundering conspiracy charges as part of a bribery scheme. The Miami U.S. attorney's office reported Tuesday that 35-year-old Luis Gustavo Moreno Rivera and 31-year-old Leonardo Luis Pinilla Gomez...

Malaysia ex-PM fails in media gag bid ahead of graft trial

Aug. 10, 2018 11:09 AM EDT

KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak failed Friday to win a court order barring the media from discussing the merits of corruption charges against him ahead of the start of his trial on Feb. 12. Najib has pleaded not guilty to seven charges of criminal breach of trust,...

The Latest: Businesses in Nebraska, Minnesota searched

Aug. 8, 2018 6:17 PM EDT

OMAHA, Neb. (AP) — The Latest on a large federal immigration operation targeting businesses in Nebraska and Minnesota that officials say knowingly hired and mistreated immigrants who are in the U.S. illegally (all times local): 5:15 p.m. Federal officials say a large investigation into businesses believed...

Ex-teachers union leader freed in Mexico

Aug. 8, 2018 12:46 PM EDT

MEXICO CITY (AP) — The flamboyant former leader of Mexico's powerful teachers union has been released from custody after a court determined there weren't sufficient grounds to proceed in a yearslong money-laundering case, her lawyer said early Wednesday. Attorney Marco Antonio del Toro read a statement...

Malaysia ex-PM pleads not guilty to money laundering charges

Aug. 8, 2018 2:34 AM EDT

KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak pleaded not guilty Wednesday to three new money-laundering charges related to the alleged multibillion-dollar looting of a state investment fund that led to his stunning electoral defeat three months ago. Dressed in a grey suit,...

The Latest: Najib pleads not guilty to money laundering

Aug. 7, 2018 11:00 PM EDT

KUALA LUMPUR, Malaysia (AP) — The Latest on Malaysia's 1MDB corruption scandal (all times local): 10:30 a.m. Former Malaysian Prime Minister Najib Razak has pleaded not guilty to new money laundering charges related to the alleged multibillion-dollar looting of the 1MDB state investment fund. Najib spoke...

Former Malaysian PM Najib Razak charged with money laundering related to alleged looting of state investment fund

Aug. 7, 2018 10:15 PM EDT
KUALA LUMPUR, Malaysia (AP) — Former Malaysian PM Najib Razak charged with money laundering related to alleged looting of state investment fund.