Money laundering

In this May 25, 2003, photo, Paul Erickson, a Vermillion native, poses for a photo. The American political operative, Erickson, linked to admitted Russian covert agent Maria Butina was accused this week of fraud. Erickson pleaded not guilty Wednesday, Feb. 6, 2019, to 11 counts of wire fraud and money laundering in business schemes that stretched from 1996 through August 2018, according to federal prosecutors in South Dakota. (Lloyd B. Cunningham/The Argus Leader via AP)
February 08, 2019 - 1:09 pm
PIERRE, S.D. (AP) — Paul Erickson, the boyfriend of admitted Russian covert agent Maria Butina accused this week of fraud, has turned up in the unlikeliest of places — from landing a top spot on Pat Buchanan's 1992 presidential campaign to representing a man involved in one of the most salacious...
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FILE - In this May 3, 2017, file photo, then-University of New Mexico athletics director Paul Krebs answers questions during a news conference in Albuquerque, N.M. Krebs has been charged with fraud and money laundering. The New Mexico Attorney General's Office filed a criminal complaint Wednesday, Feb. 6, 2019, against Krebs in connection with a 2015 golf trip to Scotland and allegations he tried to conceal a $25,000 donation. (AP Photo/Susan Montoya Bryan, File)
February 06, 2019 - 2:09 pm
ALBUQUERQUE, N.M. (AP) — Former University of New Mexico athletic director Paul Krebs, who left in 2017 amid questions over spending, was charged Wednesday with fraud, money laundering and other felonies, state prosecutors said. The attorney general's office said in a criminal complaint that Krebs...
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The Deutsche Bank headquarters is seen behind a lamp ahead of the annual press conference in Frankfurt, Germany, Friday, Feb. 1, 2019. (AP Photo/Michael Probst)
February 01, 2019 - 10:18 am
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank suffered another loss in the fourth quarter as it faces a raft of issues including a steeply lower share price, merger speculation and continuing legal questions. The loss of 409 million euros ($469 million) was an improvement from the...
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FILE - In this March 3, 2015 file photo, federal agents enter an upscale apartment complex where authorities say a birth tourism business charged pregnant women $50,000 for lodging, food and transportation, in Irvine, Calif. On Thursday, Jan. 31, 2019, authorities announced they have charged 20 people in an unprecedented crackdown on businesses that helped hundreds of Chinese women travel to the United States to give birth to American citizen children. (AP Photo/Jae C. Hong, File)
January 31, 2019 - 9:42 pm
SANTA ANA, Calif. (AP) — Dongyuan Li's business was called "You Win USA," and authorities say she coached pregnant Chinese women on how to get into the United States to deliver babies who would automatically enjoy all the benefits of American citizenship. Over two years, the now-41-year-old raked...
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January 28, 2019 - 10:48 am
LISBON, Portugal (AP) — A Portuguese magistrate is deciding whether there is enough evidence to put a former prime minister and two dozen other once-powerful figures on trial for corruption, money laundering and other crimes. Magistrate Ivo Rosa on Monday began hearing legal arguments from the...
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January 08, 2019 - 7:18 am
MANNING, S.C. (AP) — A fired police chief in South Carolina has been arrested by the FBI on charges including money laundering. News outlets report Gary Blair Shaffer pleaded not guilty and posted bail after he was taken in by the FBI Monday. A federal indictment says Shaffer stole about $78,000...
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December 24, 2018 - 4:38 am
NICOSIA, Cyprus (AP) — The chief of the Cyprus Association of Banks say Cypriot lenders are concerned that their adoption of some of the toughest anti-money laundering regulations in the world has not been fully recognized abroad. Association Director Michalis Kammas told The Associated Press...
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December 19, 2018 - 5:18 am
HELSINKI (AP) — The Baltic region's main news agency says ten former employees of the Estonian branch of Danske Bank have been arrested in connection with an ongoing probe into a major money laundering scandal that allegedly involved Russian money. The Baltic News Service cites Estonia's...
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December 18, 2018 - 4:22 pm
RALEIGH, N.C. (AP) — A Russian businessman who lived a lavish life in North Carolina will remain in jail while he's prosecuted on charges including money laundering and murder-for-hire. An online court docket shows a federal magistrate judge ordered Leonid Teyf to stay in custody pending trial. The...
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December 13, 2018 - 10:17 am
COLUMBIA, S.C. (AP) — A South Carolina businessman has been sentenced to federal prison for scheming investors out of more than $1 million. The State newspaper reports U.S. District Judge Cameron McGowan Currie sentenced Wade Caughman on Wednesday to nearly three years in prison on fraud and money...
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