Latest Money laundering News

What will become of The Epoch Times with its chief financial officer accused of money laundering?

Jun. 05, 2024 16:32 PM EDT

NEW YORK (AP) — The arrest of an executive at The Epoch Times in a money-laundering scheme this week has drawn attention to a media outlet that has lived largely in the shadows since its founding in 2000 and a transformation during the Trump administration. Federal prosecutors in...

Epoch Times CFO is arrested and accused of role in $67M multinational money laundering scheme

Jun. 03, 2024 22:49 PM EDT

NEW YORK (AP) — The chief financial officer of The Epoch Times, a conservative multinational media company, is accused of taking part in a multi-year scheme to launder tens of millions of dollars in fraudulently obtained unemployment benefits and other funds, according to an indictment unsealed...

Jailed Guatemalan journalist to AP: 'I can defend myself, because I am innocent'

May. 21, 2024 20:20 PM EDT

GUATEMALA CITY (AP) — José Rubén Zamora has spent nearly two years locked in a dark 16- by 13-foot cell in a Guatemalan prison, allowed only one hour a day in the sunlight. The journalist’s money laundering conviction was tossed out, and last week a judge finally ordered his...

Guatemalan court orders release of journalist jailed for nearly 2 years on money laundering charges

May. 15, 2024 13:56 PM EDT

GUATEMALA CITY (AP) — A Guatemalan court ordered the release Wednesday of journalist José Rubén Zamora, jailed for nearly two years on money laundering charges. Zamora, the 67-year-old founder of El Periodico newspaper, was sentenced to six years in prison last June for alleged...

Guatemalan court orders release of journalist José Rubén Zamora, jailed for nearly 2 years on money laundering charges

May. 15, 2024 13:24 PM EDT
GUATEMALA CITY (AP) — Guatemalan court orders release of journalist José Rubén Zamora, jailed for nearly 2 years on money laundering charges.

Son-in-law of top opponent of Venezuela's president pleads guilty to US money laundering charges

May. 15, 2024 12:52 PM EDT

MIAMI (AP) — The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon $1.2 billion from the state-owned oil company. As part of his plea agreement announced Tuesday in federal...

Former Las Vegas casino executive sentenced to year of probation in bookmaking money laundering case

May. 08, 2024 19:01 PM EDT

LOS ANGELES (AP) — A former top executive for major Las Vegas casinos was sentenced to a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash. Scott Sibella pleaded guilty in January to...

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

Apr. 30, 2024 20:24 PM EDT

SEATTLE (AP) — Changpeng Zhao, founder of the world's largest cryptocurrency exchange, was sentenced Tuesday to four months in prison for looking the other way as criminals used the platform to move money connected to child sex abuse, drug trafficking and terrorism. U.S. District...

Ex-Binance CEO Changpeng Zhao sentenced to four months for allowing money laundering on largest crypto exchange

Apr. 30, 2024 15:02 PM EDT
SEATTLE (AP) — Ex-Binance CEO Changpeng Zhao sentenced to four months for allowing money laundering on largest crypto exchange.

Panama's leading presidential candidate is a late entry promising a return to better times

Apr. 29, 2024 01:11 AM EDT

PANAMA CITY (AP) — The leading candidate to be Panama’s next president is a last-minute stand-in who promises to return the Central American country to a boom time that experts say will be difficult to recapture. José Raúl Mulino, a maritime lawyer and former security minister,...