Latest Money laundering News

Man goes to trial on charges he ran unlicensed bitcoin biz

Dec. 06, 2022 19:08 PM EST

CONCORD, N.H. (AP) — A New Hampshire man accused of running an unlicensed bitcoin exchange business catered to romance and imposter scammers who conned their victims into wiring him money that he shared as virtual currency with the criminals after taking his cut, a prosecutor alleged during...

Ex-Miami US Rep. David Rivera arrested in Venezuela probe

Dec. 06, 2022 10:13 AM EST

WASHINGTON (AP) — A former Miami congressman who signed a $50 million consulting contract with Venezuela’s socialist government was arrested Monday on charges of money laundering and representing a foreign government without registering. David Rivera, a Republican who has been...

FBI says fugitive has been extradited from Mexico to Tucson

Dec. 05, 2022 17:10 PM EST

TUCSON, Ariz. (AP) — A fugitive wanted for his involvement in a criminal drug enterprise has been extradited from Mexico and returned to Tucson, but his wife and another co-conspirator remain at large, according to the FBI. Authorities said 45-year-old Manuel Gortari-Redondo was...

South Africa's ruling party stands by leader despite scandal

Dec. 05, 2022 12:33 PM EST

JOHANNESBURG (AP) — South Africa’s ruling African National Congress party says it will vote against any attempts to impeach President Cyril Ramaphosa in Parliament on Tuesday. Ramaphosa has taken legal action on Monday to challenge the parliamentary report that suggested he may...

UK arrests wealthy Russian as police target Putin enablers

Dec. 03, 2022 09:47 AM EST

LONDON (AP) — British authorities have arrested a wealthy Russian businessman on suspicion of money laundering, amid efforts to disrupt potential criminal activity by oligarchs and others linked to Russian President Vladimir Putin. The National Crime Agency said more than 50...

DEA’s most corrupt agent: Parties, sex amid 'unwinnable war'

Dec. 01, 2022 09:09 AM EST

SAN JUAN, Puerto Rico (AP) — José Irizarry accepts that he’s known as the most corrupt agent in U.S. Drug Enforcement Administration history, admitting he “became another man” in conspiring with Colombian cartels to build a lavish lifestyle of expensive sports cars, Tiffany jewels and...

Guatemala's El Periodico newspaper stops print edition

Nov. 30, 2022 14:19 PM EST

GUATEMALA CITY (AP) — The prominent Guatemalan investigative newspaper “El Periodico” announced Wednesday that it is stopping its print edition, after the government arrested the paper’s president. José Rubén Zamora was arrested in July and charged with money laundering...

Bribery trial tests US cases against Venezuela kleptocrats

Nov. 29, 2022 16:58 PM EST

FORT LAUDERDALE, Fla. (AP) — For years, as the U.S. has ramped up pressure on Venezuela’s socialist government, dozens of allegedly corrupt insiders have raced through the U.S. criminal justice system, cutting plea bargains to avoid lengthy prison sentences and sparing prosecutors the work of...

US: 2 Estonians arrested in $575M cryptocurrency fraud

Nov. 22, 2022 10:39 AM EST

SEATTLE (AP) — Police in Estonia have arrested two men accused in a $575 million cryptocurrency fraud, U.S. authorities said Monday. An indictment unsealed in U.S. District Court in Seattle charged Estonian citizens Sergei Potapenko and Ivan Turogin, both age 37, with wire fraud...

Corruption case announced against jailed Mexican ex-official

Nov. 15, 2022 19:22 PM EST

MEXICO CITY (AP) — Mexico’s anti-money-laundering agency said Tuesday it has found evidence of corruption on the part of the country’s former attorney general. Former Attorney General Jesus Murillo Karam has been jailed since August on charges he committed abuses during the...