Latest Money laundering News

Malaysia ex-deputy PM charged with graft, money laundering

Oct. 19, 2018 5:01 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's former deputy prime minister was charged Friday with abuse of power, corruption and money laundering involving millions of dollars in another graft investigation against leaders ousted in elections earlier this year. Ahmad Zahid Hamidi, who now leads the opposition...

Spain arrests 4, seizes 115 properties in Venezuelan probe

Oct. 18, 2018 12:48 PM EDT

MADRID (AP) — Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring that allegedly bought real estate in Spain with illicit funds from Venezuela. Antonio Ledezma, the exiled...

Malaysia's former deputy PM detained for alleged graft

Oct. 18, 2018 6:21 AM EDT

PUTRAJAYA, Malaysia (AP) — Malaysia's anti-graft agency said Thursday it has detained former Deputy Prime Minister Ahmad Zahid Hamidi in a case linked to misappropriation of funds in a welfare group. Zahid, who now heads the opposition Malay party, is the latest notable person after former Prime Minister...

Judge frees Peru opposition leader Keiko Fujimori

Oct. 18, 2018 2:40 AM EDT

LIMA, Peru (AP) — Peru's opposition leader Keiko Fujimori was freed by an appeals judge late Wednesday, a week after she was arrested in an ongoing money laundering investigation. The daughter of former strongman Alberto Fujimori cried as the judge read aloud his ruling Wednesday night. Several critics...

Biggest Nordic bank accused of money laundering

Oct. 17, 2018 11:10 AM EDT

HELSINKI (AP) — Kremlin critic Bill Browder has asked Nordic authorities to investigate whether up to $175 million of potentially illicit funds have flowed through the region's largest bank, Nordea. Browder, the CEO of investment fund Hermitage Capital Management, said Wednesday that he filed a "money...

Brazil's Temer charged with corruption, money laundering

Oct. 16, 2018 8:22 PM EDT

SAO PAULO (AP) — Brazil's federal police filed new charges against President Michel Temer on Tuesday, recommending he be put on trial for corruption, money laundering and criminal association for allegedly taking bribes to favor port management companies. The investigation report was filed to the country's...

France arrests Ukrainian fugitive, seizes his castle

Oct. 16, 2018 1:06 PM EDT

PARIS (AP) — The European Union's law enforcement agency says it has worked with French authorities to arrest a Ukrainian fugitive suspected of international fraud and money laundering. Europol said Tuesday that the man was detained close to Dijon in Burgundy on Oct. 5. French authorities seized some 4.6...

9 arrests in Belgian football fraud, match-fixing scandal

Oct. 12, 2018 10:15 AM EDT

BRUSSELS (AP) — Three days into Belgium's biggest football scandal in decades, nine people are behind bars, including one top referee and three agents. In all, 19 people faced charges ranging from match fixing to money laundering. Yet, after Wednesday's extraordinary police operation covering 57 raids in...

Authorities charge 5 in Belgian soccer corruption case

Oct. 11, 2018 12:43 PM EDT

BRUSSELS (AP) — Belgian authorities charged five people Thursday in relation to a massive financial fraud and match-fixing probe into soccer. Four were charged with belonging to a criminal organization and corruption, while a fifth person was charged with money laundering. Prosecutors said match-fixing...

Peru opposition leader Fujimori detained in corruption probe

Oct. 10, 2018 7:24 PM EDT

LIMA, Peru (AP) — Former Peruvian presidential candidate Keiko Fujimori was detained on Wednesday as part of a money-laundering investigation, the latest political leader in the Andean nation to face scrutiny over alleged corruption. Photos of Fujimori covering her cuffed hands with a black jacket and...