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Latest news related to Anti-Money Laundering.

A very interesting article in LA Times which presents several ways money laundering is being done and can go undetected! Extract: Much of that money still makes its way back into Mexico the old-fashioned way: in duffels stuffed into the trunks of cars. But Mexican drug traffickers are among the world's...
The Hassan Ali trail seems to have run cold. Nearly six years after tax authorities searched his businesses, the foreign assets of the stud farm owner accused of massive money laundering have not been traced beyond three accounts in UBS AG Bank in Switzerland. Finance ministry claims cases are being...
The international media is reporting detailed information about George Economou's business interests which are not covered by the U.S. media. In fact, the articles are generally not written in English. Recently, an acquaintance of mine translated some of the latest news media concerning George Economou and his business partners...
Former U.S. House Majority Leader Tom DeLay -- once one of the most powerful and feared Republicans in Congress -- was convicted Wednesday on charges he illegally funneled corporate money to Texas candidates in 2002, which could send him to prison for decades. Jurors deliberated for 19 hours before returning...
Trinidad Guardian: A wireless money transfer is said to be the source of funds allegedly used to finance a tranche of high profile rifles shipped to T&T. Well placed sources revealed to Sunday Guardian that the alleged shipment of rifles was being paid for via transactions at money transfer outlets. These...
The U.S. government has blacklisted more Mexican individuals and companies this year than any other single country or group — and that includes North Korea, Iran, Syria and Al Qaeda. Three hundred Mexicans and 180 Mexican companies are on the so-called kingpin designation list, the Treasury Department's roster of people...