Latest Money laundering News

Lebanese judge freezes assets of central bank governor

Jan. 18, 2022 15:25 PM EST

BEIRUT (AP) — An investigating judge in Beirut on Tuesday froze some assets belonging to the country's central bank governor, who is accused of corruption and dereliction of duties during Lebanon's unprecedented economic meltdown. Judge Ghada Aoun said she ordered the freeze “as...

Ex-San Jose officer pleads no contest to insurance fraud

Jan. 14, 2022 19:52 PM EST

SAN JOSE, Calif. (AP) — A retired San Jose Police officer who owns a security business pleaded no contest to insurance fraud, tax evasion, money laundering, and worker exploitation and is expected to be sentenced to three years in jail, prosecutors said Friday. Robert Foster, who...

Lebanese judge issues travel ban for central bank governor

Jan. 11, 2022 13:37 PM EST

BEIRUT (AP) — A Lebanese judge Tuesday issued a travel ban for the country’s central bank governor, state-run National News Agency and a lawyer said. The move comes after a corruption lawsuit accused him of embezzlement and dereliction of duty during the country's financial meltdown, . ...

Tarnished Gold: Aircraft, fuel key to illegal Amazon mining

Jan. 11, 2022 08:28 AM EST

BOA VISTA, Brazil (AP) — The scorching Amazon sun beats down as agents inspect the body of a black helicopter. Nearby, in the backyard of the federal police headquarters in the city of Boa Vista, sit more than twenty aircraft — all seized. Some bear signs of violent crashes:...

Tarnished Gold: Aircraft, fuel key to illegal Amazon mining

Jan. 11, 2022 00:25 AM EST

BOA VISTA, Brazil (AP) — The scorching Amazon sun beats down as a group of agents inspect the body of a black helicopter. Nearby, in the backyard of the federal police headquarters in the city of Boa Vista, sit more than twenty aircraft — all seized. Some bear signs of violent...

St. Louis-area bookkeeper sentenced for stealing $670,000

Jan. 06, 2022 10:38 AM EST

ST. LOUIS (AP) — A St. Louis-area bookkeeper has been sentenced to nearly four years in federal prison for stealing $670,000 from a trust fund that provided money for several charities. Paula K. Smith, 69, of O'Fallon, Missouri, was sentenced Wednesday in U.S. District Court. She...

Ex-New Mexico tax employee pleads guilty to money laundering

Jan. 06, 2022 00:25 AM EST

ALBUQUERQUE N.M. (AP) — A former New Mexico Taxation and Revenue employee has pleaded guilty to wire fraud, identity theft and money laundering. Prosecutors said 45-year-old George Martinez of Albuquerque was indicted by a federal grand jury last March. They said...

Mandan woman given time served in drug conspiracy case

Jan. 05, 2022 15:32 PM EST

BISMARCK, N.D. (AP) — A federal judge has sentenced a Mandan woman convicted of child neglect to supervised release after she pleaded guilty to a drug conspiracy charge. Prosecutors said 28-year-old Hope Althoff neglected her children while using drugs and took part in a drug...

Facing trial, California couple plead guilty in college scam

Jan. 05, 2022 14:58 PM EST

BOSTON (AP) — A California couple accused of paying $25,000 to cheat on their son's college admissions test abruptly agreed to plead guilty on Wednesday, six weeks before they were set to go on trial in federal court. Dr. Gregory Colburn, 63, and Amy Colburn, 52, of Palo Alto,...

Lawyer convicted in money-laundering conspiracy case

Dec. 29, 2021 18:35 PM EST

BALTIMORE (AP) — A federal jury convicted a prominent Maryland lawyer Tuesday in a money-laundering conspiracy case, but acquitted his co-defendants. Kenneth Ravenell, 61, of Monkton, was convicted of conspiracy to commit money laundering, but acquitted of racketeering-conspiracy...