Money laundering

September 24, 2020 - 2:29 pm
NICOSIA, Cyprus (AP) — Cyprus’ top oversight body urged lawmakers on Thursday to rethink new legislation that empowers the government to grant citizenship to family members of wealthy investors under the country’s lucrative “golden passport” program. The Cyprus Audit Office said handing passports...
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FILE - Iin this Jan.13, 2020 file photo, former president of the IAAF (International Association of Athletics Federations) Lamine Diack arrives at the Paris courthouse, Monday, Jan. 13, 2020. A Paris court is delivering its verdict Wednesday Sept. 16, 2020, in the trial of Lamine Diack on corruption, money laundering and breach of trust charges against the one-time supremo of global track and field athletics, and according to prosecutors, creamed off millions for himself, with his son.(AP Photo/Thibault Camus, File)
September 16, 2020 - 11:33 am
PARIS (AP) — Former track federation president Lamine Diack was sentenced Wednesday to two years in prison for corruption during his nearly 16-year tenure at the IAAF, most notably a scheme that allowed Russian athletes who paid millions in hush money to keep competing when they should have been...
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Former Malaysian Prime Minister Najib Razak, center, wearing a face mask with his supporters arrives at courthouse in Kuala Lumpur, Malaysia, Tuesday, July 28, 2020. Najib arrived for a verdict in the first of several corruption trials linked to the multibillion-dollar looting of the 1MDB state investment fund. (AP Photo/Vincent Thian)
July 28, 2020 - 8:48 am
KUALA LUMPUR, Malaysia (AP) — A Malaysian court sentenced former Prime Minister Najib Razak to serve 12 years in prison on Tuesday after finding him guilty in the first of several corruption trials linked to the multibillion-dollar looting of the 1MDB state investment fund that brought down his...
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FILE - This March 12, 2019, file photo shows the University Village area of the University of Southern California, in Los Angeles. A California couple has agreed to plead guilty to paying $250,000 to get their daughter into the University of Southern California as a fake volleyball recruit. (AP Photo/Reed Saxon, File)
July 10, 2020 - 8:42 pm
BOSTON (AP) — A California couple agreed Friday to plead guilty to paying $250,000 to get their daughter into the University of Southern California as a fake volleyball recruit. Diane Blake and Todd Blake will plead guilty in front of a judge at a future date, the U.S. Attorney’s office in Boston...
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FILE - This Feb. 2, 2012 file photo shows former lobbyist Jack Abramoff speaking in Washington. U.S. officials say Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure. U.S. Attorney David Anderson said Thursday, June 25, 2020, Abramoff of Silver Spring, Maryland, has agreed to plead guilty to criminal conspiracy charges and could face up to five years in jail. (AP Photo/Charles Dharapak, File)
June 25, 2020 - 9:31 pm
SAN FRANCISCO (AP) — Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday. U.S. Attorney David...
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June 25, 2020 - 10:23 am
STOCKHOLM (AP) — A big Scandinavian bank is suspected of having failed to stop money laundering, the latest in a series of banks from the region to get caught handling dirty money. Sweden’s financial supervisory authority said Thursday it had imposed an administrative fine of 1 billion kronor ($150...
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June 22, 2020 - 3:47 am
WELLINGTON, New Zealand (AP) — New Zealand police said Monday they have seized $90 million from Alexander Vinnik, a Russian bitcoin fraud suspect who is in French custody but is also wanted in the United States. New Zealand Police Commissioner Andrew Coster said it had worked closely with the U.S...
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FILE - In this May 27, 2005 file photo, Rifaat Assad, the exiled uncle of Syrian President Bashar Assad speaks during an interview with The Associated Press in his office in Marbella, southern Spain. Bashar Assad was sentenced, in absentia, to four-years in prison Wednesday June 17, 2020, for illegally using Syrian state funds to build a French real estate empire. (AP Photo/Paul White, File)
June 17, 2020 - 11:36 am
PARIS (AP) — An uncle of Syrian President Bashar Assad was sentenced to four years in prison in France on Wednesday for illegally using Syrian state funds to build a French real estate empire. The anti-corruption groups that launched the legal proceedings against Rifaat Assad announced the decision...
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June 13, 2020 - 10:24 pm
MIAMI (AP) — Venezuela on Saturday demanded the release of a government-connected businessman who was detained in Cape Verde on U.S. corruption charges, calling his arrest an illegal act of aggression by the Trump administration aimed at piling new hardships on the crisis-wracked oil nation. Alex...
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Former Malaysian Prime Minister Najib Razak wearing a face mask arrives at court house in Kuala Lumpur, Malaysia, Thursday, June 4, 2020. Closing arguments are expected in the first corruption trial of him linked to the multibillion-dollar looting of the 1MDB state investment fund. (AP Photo/Vincent Thian)
June 05, 2020 - 6:07 am
KUALA LUMPUR, Malaysia (AP) — Malaysian ex-Prime Minister Najib Razak was victimized by rogue bankers and should be acquitted of corruption charges linked to the massive looting of a state investment fund, his lawyers said Friday at the close of his first corruption trial over the scandal. The High...
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