Latest Money laundering News
Colombian customs official pleads guilty in money laundering case tied to DEA misconduct
TAMPA, Florida (AP) — A Colombian customs worker admitted his role Tuesday in taking bribes and funneling more than $1 million in drug proceeds in a case that threatened to expose dirty dealings between U.S. Drug Enforcement Administration agents and their informants. Omar...
Woman gets more than 3-year prison term for helping pregnant Chinese women get to US
LOS ANGELES (AP) — A California woman was sentenced Monday to more than 3 years in prison in a long-running case over a business that helped pregnant Chinese women travel to the United States to deliver babies who automatically became American citizens. U.S. District Judge R. Gary...
Corporate Transparency Act still on hold after Supreme Court lifts injunction
NEW YORK (AP) — Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN — for now. The registration is part of the Corporate Transparency Act, an anti-money laundering statue passed in 2021. Under the CTA, the...
Supreme Court allows small business registration rule to take effect, aimed at money laundering
WASHINGTON (AP) — The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department charged with fighting money laundering and other financial crimes. The justices granted an emergency plea made by the...
Pakistani court sentences ex-PM Imran Khan and his wife to 14 and 7 years in prison in graft case
ISLAMABAD (AP) — A Pakistani court on Friday sentenced the country’s already-imprisoned former Prime Minister Imran Khan and his wife to 14 and seven years in jail after finding them guilty of corruption, officials and his lawyer said. It's yet another blow for the former...
