A report by the Associated Press (AP) states that Chow Chan Kong from Malaysia, and two Chinese nationals, Gong Biyun and Huang Xiaohong, were convicted of running a brothel and sentenced to jail on Friday. The trio pleaded guilty in July 2017 to conspiring to operate an interstate prostitution ring based in Doraville, Georgia, involving […]

Tom Wise, ex-MEP for the UK Independence Party, jailed for two years in November for expenses fraud, has some claim to gratitude from future defendants in money laundering cases. The Crown had sought to charge him not only with false accounting but also with using criminal property. Jonathan Fisher QC, defending, argued for dismissal of […]

A LAWYER has appeared in the Magistrate’s Court to face 38 charges involving the alleged criminal and fraudulent use of more than £100,000 of client money. Centenier Shirley Madden said that 29 of the 38 offences were allegedly committed between 24 September 2008 and 25 November 2010. Those 29 allegations relating to the alleged use […]

Billions of pounds have been laundered through the City of London, despite Britain remaining one of the safest and cleanest places in the world to do business, the home secretary has said. Amber Rudd issued the warning as she announced plans for a new national economic crime centre, with the power to task the Serious Fraud […]

In court, Zarrab laid out how he paid tens of millions of dollars in bribes to Turkish government officials and banking executives to win their assistance—and cover—for the money laundering operation. He dropped a bombshell on his second day of testimony, when he implicated Erdogan as part of the scheme, saying he was told Turkey’s […]

Over six days on the stand, a star witness for the FBI spun a stunning tale of corruption and double-dealing. Looking nervous and somber, the FBI’s star witness entered from the lockup and shuffled across the New York federal courtroom in a beige prison smock. The Turkish-Iranian gold trader took a seat at the witness […]

Paul Manafort, President Trump’s former campaign chairman, was indicted on Monday with his longtime associate, Rick Gates, on charges of money laundering and making false statements to officials related to lobbying work in Ukraine. The two men, who pleaded not guilty, are charged with setting up offshore bank accounts and making wire transfers from them to directly […]

The new game Kleptocrat lets you see if you could plunder a country and get away with it. Ever dreamed about funnelling millions out of the country you’re supposed to be ruling? Think you’d be good at it? Well, try your hand at a game called Kleptocrat. The Mintz Group, a private eye firm, drew […]