The Suspicious Transaction Report is a new fortnightly podcast from the Centre for Financial Crime and Security Studies at RUSI. https://rusi.org/expertise/research/centre-financial-crime-and-security-studies The podcast offers ‘behind-the-scenes’ insights and practical advice on how to implement the latest financial crime research in the real world. In this preview episode of the ‘Suspicious Transaction Report’ podcast, Isabella Chase talks […]

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has launched a new division dedicated to international money laundering investigations and its use of “special measures” under the USA Patriot Act.  The bureau’s Global Investigations Division (GID), announced Wednesday, will oversee the implementation of “targeted investigation strategies,” including its utilization of powers granted by Sec. 311 of […]

Arvinsingh Canaye, 32, a Mauritian was In 2018 in the United States convicted by US justice for embezzlement and money laundering up to Rs 300 million. In 2019 he was expelled from the US and forced to return to Mauritian soil by US judges (read more below)In April 2019 he was arrested on his arrival […]

KENYAN director of Public Prosecutions Noordin Haji is set to make a trip to the Island of Jersey over the fraud and money laundering case against ex-Nambale MP Chris Okemo and former Kenya Power and Lighting Company Chief Executive Samuel Gichuru. The two are accused of abusing their offices by using proxy companies to squander […]

BROOKLYN, NY – An indictment was unsealed on March 4, 2019, charging Najib Allam, an executive of the Privinvest family of maritime services companies, and Teofilo Nhangumele and Antonio do Rosario, former Mozambican government officials, for their roles in a $2 billion fraud and money laundering scheme that victimized investors in the United States and […]

The DOJ unsealed charges Thursday against an Uzbek telecom exec and the daughter of the former Uzbek president for their roles in an $866 million bribery and money laundering scheme. The indictment makes for interesting reading:  https://www.justice.gov/opa/press-release/file/1141641/download  

Back in 2015 MORE than 20 major fraud cases involving millions of pounds being allegedly laundered through Jersey banks by people from all over the world are being actively investigated by financial crime detectives, the States police have revealed. The operations department of the Joint Financial Crimes Unit are working on 23 ‘major’ investigations, some […]

The Justice Department announced today the filing of civil forfeiture complaints seeking the forfeiture and recovery of approximately $38 million in assets allegedly associated with an international conspiracy to launder funds misappropriated from 1Malaysia Development Berhad (1MDB), a Malaysian sovereign wealth fund.  Combined with civil forfeiture complaints filed in July 2016 seeking more than $1 […]