Latest Money laundering News

Baltimore defense attorney loses bid for new trial

May. 14, 2022 12:27 PM EDT

BALTIMORE (AP) — A prominent Baltimore defense attorney has lost his bid for a new trial on charges of money laundering for a drug organization. The Baltimore Sun reports that attorney Ken Ravenell sought a new trial on the grounds that jurors weren't property instructed before...

Hugo Chavez's ex-nurse-turned treasurer extradited to US

May. 13, 2022 13:56 PM EDT

WEST PALM BEACH, Fla. (AP) — A Venezuelan woman who rose from being the late President Hugo Chávez's nurse to the nation's treasurer has been extradited from Spain to the U.S. to face money-laundering charges. Federal prosecutors in South Florida are accusing Claudia Díaz, 48, of...

Trial of Fox executives in FIFA case delayed to January

May. 09, 2022 22:07 PM EDT

NEW YORK (AP) — The trial of a pair of former 21st Century Fox Inc. executives and a sports marketing company on charges related to the U.S government investigation of corruption in soccer was postponed to Jan. 3. Hernan Lopez and Carlos Martinez were charged in March 2020 as part...

US says superyacht owned by Russian oligarch seized in Fiji

May. 05, 2022 20:34 PM EDT

WASHINGTON (AP) — A superyacht that American authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday. A judge in Fiji earlier in the week permitted...

Man convicted in $60M film finance fraud scheme

May. 03, 2022 17:15 PM EDT

FORT LAUDERDALE, Fla. (AP) — An Oklahoma man claiming to be a film financier was convicted Tuesday in South Florida of participating in a scheme to steal more than $60 million from investors and producers seeking financing for movies and Broadway shows. A federal jury in Fort...

Nevada woman convicted of scamming elderly person in WVa

May. 02, 2022 04:01 AM EDT

CLARKSBURG, W.Va. (AP) — A Nevada woman has been convicted of scamming an elderly person in West Virginia by claiming the person had won $1 million. The U.S. attorney's office for the Northern District of West Virginia said Shelly Anne Leipham, 66, of Las Vegas, called the person...

Switzerland's top lawyer seeks tools to curb financial crime

Apr. 29, 2022 12:05 PM EDT

BERN, Switzerland (AP) — Switzerland’s new attorney general is pushing parliament to give his office more tools to fight white-collar crime. The country's maximum financial penalty on corporations for wrongdoing is just 5 million Swiss francs ($5 million), and that's...

Deutsche Bank office searched in money laundering probe

Apr. 29, 2022 11:38 AM EDT

BERLIN (AP) — German police have searched offices of Deutsche Bank in connection with a money laundering investigation. The bank confirmed Friday that its offices had been raided. “This is an investigative measure by the Frankfurt public prosecutor’s office in...

British Virgin Islands premier arrested on US drug charges

Apr. 28, 2022 21:06 PM EDT

MIAMI (AP) — The premier of the British Virgin Islands and the director of the Caribbean territory’s ports were arrested Thursday on drug smuggling charges in South Florida, federal authorities said. Premier Andrew Alturo Fahie and Managing Director Oleanvine Maynard were taken...

UN: Brazil's Lula was illegally barred from 2018 race

Apr. 28, 2022 15:04 PM EDT

SAO PAULO (AP) — A U.N. human rights panel of experts handed a moral victory to former Brazilian President Luiz Inácio Lula da Silva on Thursday, finding he was illegally barred from running for the country's top job in 2018 due to judicial bias. The 15-2 decision by the Human...