Money laundering

March 07, 2019 - 6:08 am
BRUSSELS (AP) — European Union member states have unanimously rejected a proposal by the EU executive Commission to blacklist 23 countries and territories it believes pose a high risk of money laundering or terrorist financing. In a rebuke for the EU Commission, the member states said in a...
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FILE - In this Dec. 14, 2018 file pool photo, Johnny Bobbitt stands during a hearing at Burlington County Courthouse in Mount Holly, N.J. Bobbitt, a homeless man charged with engaging in a GoFundMe scheme, pleaded guilty in federal court in in Camden, N.J., Wednesday, March 6, 2019, to conspiracy to commit money laundering. (David Swanson/The Philadelphia Inquirer via AP, Pool, File)
March 06, 2019 - 4:56 pm
CAMDEN, N.J. (AP) — A homeless man and a woman pleaded guilty Wednesday to federal charges in a GoFundMe scheme that prosecutors say netted $400,000 with a phony story about him coming to her aid. Johnny Bobbitt, 36, of Philadelphia, pleaded guilty to conspiracy to commit money laundering, and...
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March 06, 2019 - 2:27 pm
ATLANTA (AP) — Federal prosecutors say a former executive with a longtime city of Atlanta vendor gave bribes to the city's former chief procurement officer to get work. A 51-count indictment against Lohrasb "Jeff" Jafari was unsealed Wednesday and includes charges of bribery, tax evasion and money...
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February 22, 2019 - 4:59 am
MOSCOW (AP) — The Russian Interior Ministry says that it has launched a money laundering probe involving the influential leader of Moldova's Democratic Party, just two days before parliamentary elections in the former Soviet republic. Moldovans go to the polls Sunday in an election that pits the...
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February 21, 2019 - 9:07 am
BOONE, N.C. (AP) — A Los Angeles man who pleaded guilty to creating a fake company and posing as a construction company worker to steal nearly $2 million from a North Carolina university has been sentenced to three years in prison. The Winston-Salem Journal reports Ho Shin Lee was also ordered...
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Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 2:11 pm
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, sending a stern warning to tax dodgers and the banks that aid them. The Paris court convicted Zurich-based UBS...
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February 20, 2019 - 11:54 am
BANGKOK (AP) — A Thai court ruled Wednesday that a Russian man who allegedly was part of a gang that stole millions of dollars online from bank accounts can be extradited to the United States to stand trial, but the suspect could end up in Russia anyway. The court approved a request from U.S...
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February 20, 2019 - 8:08 am
PARIS (AP) — The Latest on the trial of Swiss bank UBS in France (all times local): 2:10 p.m. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. The criminal court convicted UBS on Wednesday of...
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FILE - In this Sept. 23, 2018, file photo, Maldivian President Yameen Abdul Gayoom, right, casts his vote at a polling station during presidential election day in Male, Maldives. A Maldives court ordered the arrest and detention of former Maldives President Yameen Abdul Gayoom on Monday for alleged money laundering.. (AP Photo/Eranga Jayawardena, File)
February 18, 2019 - 12:15 pm
MALE, Maldives (AP) — A Maldives court ordered the arrest and detention of former President Yameen Abdul Gayoom on Monday on charges of money laundering. The criminal court in Male, the capital, ordered Yameen held in custody after prosecutors argued at a hearing that he could attempt to influence...
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FILE - In this July 4, 2018, file photo, former Malaysian Prime Minister Najib Razak, center, arrives at a court house in Kuala Lumpur, Malaysia. Najib is hardly lying low ahead of his corruption trial set to begin Tuesday, Feb. 12, 2019, on charges related to the multibillion-dollar looting of the 1MDB state investment fund. He’s crooned about slander in an R&B video and vilified the current government on social media to counter portrayals of him as corrupt and out of touch. Najib denies wrongdoing and his lawyers are seeking delay.(AP Photo/Vincent Thian, File)
February 11, 2019 - 5:48 am
KUALA LUMPUR, Malaysia (AP) — From appearing in an R&B music video and trolling social media to vilify the new government, former Malaysian Prime Minister Najib Razak has been combative before the start of his graft trial, linked to the multibillion-dollar looting of the 1MDB state investment...
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