Latest Money laundering News

As AG's wife, judge won't recuse herself in Backpage case

Oct. 26, 2020 6:02 PM EDT

PHOENIX (AP) — A federal judge married to Arizona's attorney general says she will not recuse herself from a criminal case against the former executives of Backpage.com, who are accused of using their classified section for soliciting prostitution. U.S. District Court Judge Susan Brnovich stated in a...

Probe: Ex-Tennessee hospital worker stole $798K in supplies

Oct. 26, 2020 3:51 AM EDT

NASHVILLE, Tenn. (AP) — The Tennessee comptroller’s office says a former hospital worker stole at least $798,200 in medical supplies from the facility. According to the comptroller’s investigation, former Maury Regional Medical Center supply chain department system coordinator Tommy John...

Prosecutors: Florida man lied to get virus relief money

Oct. 23, 2020 7:17 PM EDT

TAMPA, Fla. (AP) — A Florida man who received more than $1.9 million in coronavirus relief funds is accused of laundering most of the money through a fake business and purchasing a luxury car and a pickup truck, federal prosecutors said. Keith William Nicoletta, 48, of Dade City, was arrested earlier this...

Global money laundering monitor says COVID fraud on the rise

Oct. 23, 2020 11:14 AM EDT

PARIS (AP) — The international organization that monitors protections against money laundering and terrorism financing said Friday that fraud related to coronavirus is on the rise. The Financial Action Task Force said fraud linked to counterfeit medical supplies, economic stimulus measures and online scams...

FILE - In this Oct.4, 2017 file photo, police officers escort Alexander Vinnik, center as they leave a courthouse at the northern Greek city of Thessaloniki. The Russian bitcoin fraud suspect Alexander Vinnik goes on trial on Monday in Paris for allegedly having used ransomware in a fraud involving 200 victims and estimated to a global amount of 135 million euros. Alexander Vinnik, who is also wanted in the United States and in Russia, is facing up to ten years in prison in a four-day trial in France over charges of extorsion, money laundering and criminal association. (AP Photo/Giannis Papanikos, File)

Trial of Russian in alleged bitcoin fraud to wrap in Paris

Oct. 23, 2020 10:14 AM EDT

PARIS (AP) — French prosecutors requested on Friday a 10-year jail term and a fine of 750,000 euros ($888,634) against Alexander Vinnik, who is accused of being behind a 135 million-euro ($160 million) fraud campaign that used ransomware and the cryptocurrency bitcoin. The 41-year-old Russian, who is also...

Acting Assistant Attorney General Brian Rabbitt, of the Justice Department's Criminal Division and other officials, speak, Thursday,  Oct. 22, 2020, at the Justice Department in Washington. A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal.  The company, Goldman Sachs Malaysia, entered the plea in federal court in Brooklyn. (Yuri Gripas/The New York Times via AP, Pool)

Goldman Sachs subsidiary pleads to US charges in 1MDB probe

Oct. 22, 2020 5:49 PM EDT

WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and former top...

President Donald Trump speaks with reporters as walks to board Marine One on the South Lawn of the White House, Wednesday, Oct. 21, 2020, in Washington. Trump is en route to North Carolina. (AP Photo/Alex Brandon)

Trump grants clemency to five backed by ally Alice Johnson

Oct. 21, 2020 7:50 PM EDT

WASHINGTON (AP) — President Donald Trump on Wednesday granted clemency to five people convicted of committing drug and financial crimes, all of them cases that were pushed by prison reform advocate and Trump ally Alice Johnson. White House press secretary Kayleigh McEnany said Wednesday in a statement...

Former Alabama doctor sentenced in prescription fraud case

Oct. 19, 2020 1:43 PM EDT

MONTGOMERY, Ala. (AP) — A one-time Alabama doctor was sentenced to 15 years in prison for illegally prescribing dangerous medications to patients, authorities said Monday. Richard A. Stehl, 60, was convicted on multiple charges of unlawfully distributing drugs, fraud and money laundering, federal...

Sheriff: Medical episode cause of jailed Iowa woman's death

Oct. 19, 2020 12:36 PM EDT

CEDAR RAPIDS, Iowa (AP) — An unidentified medical episode led to the death of a woman in an eastern Iowa jail on the same day she was arrested, the Linn County sheriff said. Jacqueline Marie Bridges, 59, of Cedar Rapids, was found dead in her Linn County Jail cell on Saturday afternoon after her family had...

FILE - In this Oct.4, 2017 file photo, police officers escort Alexander Vinnik, center as they leave a courthouse at the northern Greek city of Thessaloniki. The Russian bitcoin fraud suspect Alexander Vinnik goes on trial on Monday in Paris for allegedly having used ransomware in a fraud involving 200 victims and estimated to a global amount of 135 million euros. Alexander Vinnik, who is also wanted in the United States and in Russia, is facing up to ten years in prison in a four-day trial in France over charges of extorsion, money laundering and criminal association. (AP Photo/Giannis Papanikos, File)

Trial of Russian charged in bitcoin fraud begins in Paris

Oct. 19, 2020 8:03 AM EDT

PARIS (AP) — The trial of a Russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud will begin Monday. Alexander Vinnik, who is also wanted in the United States and in Russia, faces up to ten years in prison at his Paris trial over charges of extortion, money...