In the midst of turmoil in the Chinese stock markets, one serious problem that may appear is increased currency outflows created by current and potential investors who would rather move their assets to foreign countries viewed as safer havens. Money laundering should be under close surveillance. Chinese involvement in money laundering has been growing. “China […]

Undercover reporters have investigated the super-rich property market Posing as a Russian oligarch, the team ask about how to hide criminality One estate agent advises ‘Boris’ on finding a lawyer to secure anonymity One proposed deal would have earned the agent £300,000 in commission High-end estate agents are helping foreign criminals launder money through London […]

The London office of Reed Business Information sold critical data that helped sanctioned banks funding chemical and nuclear weapons in Syria and Iran make complex international transactions. A BuzzFeed News Investigation unravels the web. The Middle East salesman had been wrestling with his conscience for more than a month when the barrel bombs broke and […]

Portuguese prosecutors said on Thursday they plan to charge former interior minister Miguel Macedo for his role in a money-laundering scandal linked to “golden” visas, which handed residency permits to wealthy foreigners. The announcement came shortly after Portugal’s National Assembly decided to lift the parliamentary immunity Macedo enjoyed as a member of the centre-right government […]

The decision to detain Jose Socrates sent shockwaves through Portuguese politics Portugal’s former centre-left PM, Jose Socrates, has been remanded in custody on suspicion of corruption, tax fraud and money laundering. Mr Socrates, 57, was detained on his return from Paris on Friday and has already spent three nights in jail. The judge delivered the […]

A MARRIED couple were yesterday found guilty of a series of money-laundering offences by the Royal Court. Michael Doyle, 47, and Belinda Lanyon, 54, were also convicted of carrying out regulated activities within the Bailiwick of Guernsey without a licence from the Guernsey Financial Services Commission, which they had also denied. At the end of […]

Chief prosecutors from Commonwealth countries in the Caribbean region have gathered for the first time to discuss recurrent issues that interfere with the prosecution of corruption and money laundering and the recovery of the proceeds of these crimes. Organised by the Commonwealth Secretariat in collaboration with the Caribbean Financial Action Task Force (CFATF), the three-day […]

Key facts Swiss attorney general says ‘53 suspicious banking relations’ uncovered Investigation into 2018 and 2022 World Cup bids could take years Fifa’s Sepp Blatter and Jérôme Valcke not being ruled out of investigation Read more Swiss investigators are looking into 53 possible cases of money laundering and 104 incidents of suspicious activity in Swiss […]