【South Florid】Final Guilty Plea Ends Jewelry Theft Case
Editor’s NoteThis article details the conclusion of a major federal prosecution in South Florida against an organized jewelry theft ring. The final…
Money laundering
【Cayman Islan】Monetary Authority stepped up money laundering inspections in 2024
Editor’s NoteThe Cayman Islands Monetary Authority has intensified its AML/CFT oversight, conducting 28% more onsite inspections in 2024. The latest…
【Mumbai, Indi】Mumbai Police Uncovers Major International Money Laundering Syndicate, Scam Exceeds 100 Crore Rupees
Editor’s NoteThis report details a significant crackdown by Mumbai Police on a sophisticated money laundering operation. The case highlights the…
【India】Heera Gold Scam: Supreme Court Directs ED to Auction Two Properties, Asks Nowhera Sheikh to Deposit Rs 25 Crores
Editor’s NoteThe Supreme Court of India has ordered the auction of assets and a significant deposit from the main accused in the Heera Gold scam…
【New Delhi, I】Finance Ministry Tightens Grip on World’s Largest Crypto Exchange, Slaps Binance with 18.82 Crore Fine
Editor’s NoteIndia’s Financial Intelligence Unit has fined cryptocurrency exchange Binance approximately $2.25 million for violations of anti-money…
【France】The Steering Committee for the Fight Against Money Laundering and the Financing of Terrorism (COLB)
Editor’s NoteThis article outlines the role of France’s COLB, the national steering committee for anti-money laundering and counter-terrorist…
【Canada】Canada Cracks Down on Money Laundering, Future Fines Could Be 40 Times Higher
Editor’s NoteThis article discusses Canada’s legislative response to international criticism over money laundering. The newly passed Bill C-12 aims…
【Lviv, Ukrain】From Dubai to Toronto, inside the crypto-to-cash storefronts fueling money laundering’s new frontier
Editor’s NoteThis excerpt from a firsthand account details a clandestine cryptocurrency-to-cash exchange, highlighting the tangible, almost analog…
【Cambodia】Sanctioned Cambodian Crypto Lending Platform Huione Halts Operations Amid Allegations of $9.8 Billion Illegal Lending
Editor’s NoteThis article describes the sudden suspension of services on the Huione platform following a user withdrawal crisis. The action was…
【Spain】Spanish Health Ministry Auctions Exclusive Jewelry, Costume Jewelry, and Luxury Watches Seized from Drug Trafficking
Editor’s NoteThis article describes a Spanish government initiative to auction seized luxury goods from drug traffickers, with proceeds funding…