Home AML AML News

AML News

Latest news related to Anti-Money Laundering.

December 4 2019 Law enforcement authorities from 31 countries, supported by Europol, Eurojust and the European Banking Federation (EBF), have stepped up their efforts to crack down on money mule schemes that rope in victims often unaware that the money they are sending is part of an elaborated money laundering scheme. The fifth European Money Mule Action (EMMA...
December 2019 Slovak authorities have charged two employees of the state-run Tipos national lottery on charges of violating their duties and money laundering, the Slovak Spectator reported. The CEO of the lottery, Ján Barczi, and the head of the IT department, Miloš Prelec, were charged Monday, the Spectator reported. The two were detained...
December 3 2019 A total of 13 persons were convicted under the anti-money-laundering law, implemented about 14 years ago, in the country till now, the government informed Parliament on Tuesday. Minister of State for Finance Anurag Singh Thakur, in a written reply to a question in the Rajya Sabha, also said...
December 3 2019 In his book MoneyLand: Why Thieves And Crooks Now Rule The World And How To Take It Back, financial journalist Oliver Bullough talks about Moneyland as, “a legal construct that is divorced from any place on the map.” He says that money in Moneyland, “isn’t just drug money,...
December 2 2019 Fraudsters pretend to be officers of the Royal Canadian Mounted Police (RCMP) to usurp the social insurance numbers of their victims. The federal police force notes that this trick is increasingly popular among scammers. Julia-Shea Baker learned of the new scheme at her expense. The 23-year-old waitress from Cornwall lost...
December 2 2019 Several-year prison sentences for Heinrich von Pierer and representatives of the Siemens branch; several years imprisonment for managers. Whether they have to fear punishment is another matter On Monday, the sentences for the convicted parties were announced in Athens in the context of the so-called "Siemens scandal". Just under two weeks...