Latest Money laundering News

Corruption case reopened against Argentina's Vice President Fernández, adding to her legal woes

Nov. 28, 2023 15:06 PM EST

BUENOS AIRES, Argentina (AP) — A federal appeals court in Argentina reopened a money laundering investigation into Vice President Cristina Fernández de Kirchner on Tuesday, increasing her legal woes just weeks before she leaves office and loses her immunity from arrest. ...

Largest crypto exchange Binance fined $4 billion, CEO pleads guilty to not stopping money laundering

Nov. 21, 2023 18:19 PM EST

WASHINGTON (AP) — The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on...

Backpage founder convicted of 1 count of money laundering. Arizona jury deadlocks on 84 other counts

Nov. 16, 2023 20:23 PM EST

PHOENIX (AP) — Michael Lacey, a founder of the lucrative classified site, was convicted Thursday on a single count of money laundering and acquitted on another. But an Arizona jury deadlocked on 84 other counts against him in a case that alleged he participated in a scheme to sell...

Backpage founder Michael Lacey convicted of one money laundering count; Arizona jury deadlocks on nearly all others

Nov. 16, 2023 19:19 PM EST
PHOENIX (AP) — Backpage founder Michael Lacey convicted of one money laundering count; Arizona jury deadlocks on nearly all others.

'Doc' Antle of Netflix's 'Tiger King' pleads guilty to wildlife trafficking and money laundering

Nov. 06, 2023 14:52 PM EST

An exotic wildlife preserve owner who gained notoriety on the popular Netflix series “Tiger King” plead guilty Monday to animal trafficking and money laundering, the U.S. Justice Department announced. Bhagavan “Doc” Antle oversaw the sale or purchase of cheetah cubs, lion...

Jurors hear opposite views of whether Backpage founder knew the site was running sex ads

Oct. 27, 2023 18:38 PM EDT

PHOENIX (AP) — Jurors at the criminal trial of a founder of the classified site heard opposite views in closing arguments of whether the founder knew there were ads for prostitution on the site. Prosecutor Kevin Rapp told jurors on Thursday and Friday that Michael...

Former Albanian prime minister accused of corruption told to report to prosecutors, stay in country

Oct. 26, 2023 17:54 PM EDT

TIRANA, Albania (AP) — An Albanian court ruled Thursday that former prime minister Sali Berisha, who is accused of corruption, must report to prosecutors and not leave the country while his case is under investigation. The ruling came from the country's Special Court on Corruption...

Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate

Oct. 26, 2023 05:25 AM EDT

MELBOURNE, Australia (AP) — Australian authorities have charged seven people with helping launder hundreds of millions of dollars for a Chinese crime syndicate. Police said Thursday the arrests came after a 14-month investigation that involved multiple Australian agencies and the...

Former Albanian prime minister says he's charged with corruption and money laundering in land deal

Oct. 21, 2023 17:53 PM EDT

TIRANA, Albania (AP) — Albania’s former prime minister Sali Berisha said Saturday that prosecutors charged him with corruption and money laundering in connection with a land deal involving a Tirana property. Berisha, 79, said the prosecutor's office in charge of cases against...

Suspended Miami city commissioner pleads not guilty to money laundering and other charges

Oct. 15, 2023 10:53 AM EDT

MIAMI (AP) — A suspended Miami city commissioner who is accused of accepting $245,000 in exchange for voting to approve construction of a sports facility has pleaded not guilty to multiple felony charges, including bribery and money laundering. Alex Diaz de la Portilla did not...