AML News

Latest news related to Anti-Money Laundering.

October 17 2019 Governments are failing to tackle international money laundering and tax fraud because police don’t have the tools to track down the owners of companies suspected of criminal activity, a new report published today by Transparency International claims. Analysis of country evaluations issued by global anti-money laundering regulator, the Financial Action...
October 15 2019 With all strength wanted the German bank involved in global investment banking over the past two decades. But not only in the trading of bonds or derivatives, she brought it at times to the championship, but also in the disciplines of fraud and customer delusion, which has cost them...
October 17 2019 The 60 Sloane avenue building in London, which includes shops, offices and apartments, was once used by Harrods as a warehouse. It is now at the center of the latest financial scandal that is shaking the Vatican, potentially the worst since the days of Archbishop Paul Marcinkus,...
October 15 2019 Kwamaine Ford traveled in famous circles. He worked for a celebrity and had social media accounts that showed him living a glamorous life, surrounded by well-known people. But Ford, now 28, funded his lifestyle with an illegal hobby—using his knowledge of celebrities to phish their personal accounts and...
October 15 2019 This week, gambling operator Casino Cosmopol had an 8m Swedish krona ($813,344) fine cut by more than half by Sweden’s Administrative Court. Cosmopol has now been ordered to pay just 3m Swedish krona ($305,000), although the Lotteriinspektionen, Sweden’s national gambling regulator, could still appeal the decision. In November 2018,...
October 16 2019 Police arrested six people during raids in Samut Prakan and Nonthaburi and seized assets worth about 100 million baht on Wednesday, in an operation aimed at suspects in the laundering of a billion baht of drug traffickers' money. Six premises were searched in Samut Prakan. The prime location...