AML News

Latest news related to Anti-Money Laundering.

August 1 2018 The State Financial Monitoring Service of Ukraine, based on the results of financial investigations in the first half of 2018, transferred to tax and anti-corruption agencies 438 case files on suspicious financial transactions, worth a total of UAH 297.1 billion. According to the agency website, as part of...
August 1 2018 Bangladesh Financial Intelligence Unit has detected cases of money laundering involving Tk 4,000 crore and is carrying out a  thorough probe into it, Bangladesh Bank Deputy Governor Abu Hena Mohd Razee Hassan said yesterday. Information on the irregularities has already been sent to the government agencies concerned for...
July 29 2018 Israelis attempting to transfer large sums of money into their bank accounts from overseas have encountered difficulties of late. One young man, an early investor in Bitcoin, told The Times of Israel that when he tried to repatriate several hundred thousand dollars’ worth of Bitcoin earnings from Gibraltar...
July 28 2018 A study by the Yle investigative news programme MOT reveals that nearly 400 Finns, or about a third of people banned from business operations, are still working in corporate management positions. In some cases they get around the ban by setting up companies abroad. Temporary or permanent disqualifications...
July 28, 2018 A man from Nigeria was sentenced to 14 years in federal prison for leading a money laundering network that took more than $3.5 million from hundreds of people, Department of Justice officials said. Ochuko Sylvester Eruotor, 42, was sentenced Friday in Austin by United States District Judge Sam...
July 25 2018 Federal prosecutors say eight people have been charged with playing roles in a $1.2 billion money-laundering scheme involving Venezuela's state-run oil and natural gas company. Miami U.S. Attorney Benjamin Greenberg said in a news release Wednesday the scheme began in 2014 with bribery and fraud at the state-run PDVSA...