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Latest news related to Anti-Money Laundering.

To: Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; District Deputy Comptrollers; Assistant Deputy Comptrollers; District Counsel and Examining Personnel The Office of...
The U.S. Attorney in Manhattan, Preet Bharara, claimed on Tuesday that Full Tilt Poker and its board of directors operated the company “as a massive Ponzi scheme against its own players.” Federal prosecutors in Manhattan said on Tuesday they were filing legal papers as part of a civil money laundering...
The United States Attorney’s Office for the Middle District of Pennsylvania today announced the filing of a Criminal Information charging money laundering and criminal forfeiture allegations against Philadelphia-based corporations, R.S. Duffy, Inc. and National A-1 Advertising, Inc., and a plea agreement calling for the forfeiture of $4.9 million and...
IN a quiet Parramatta street, hidden off the main drag, the small grocery store Little Persia was doing a roaring trade. But it was not bread, milk or traditional Middle Eastern delicacies that made the family-run business so profitable. It was $34 million of drug money that came into their...
14 owners and employees of grocery stores in Newark, Camden, East Orange and Irvington have been indicted for conspiring to use fake vouchers to steal more than $1 million from the federally funded Women, Infants and Children nutrition program. The state Division of Criminal Justice obtained a seven-count state grand...
On November 7, 2011, the Minister of Finance proposed amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (the Regulations) through the publication of a consultation paper (the Consultation Paper). For the most part, these amendments are focused on strengthening both the identification and customer due...