money laundering
18 stories related to this topic, newest first.
medpagetoday.comDanish Scientist Extradited to U.S. to Face 2011 CDC Grant Fraud and Money Laundering Charges
Poul Thorsen, indicted in 2011 on 13 counts of wire fraud and nine counts of money laundering, arrived in Atlanta in handcuffs on May 8, 2026, after his arrest in Germany last year. Prosecutors allege he stole more than $1 million from CDC research grants awarded to Danish agenci…
riotimesonline.comEcuador Regulators Request Information From Banco Guayaquil
Ecuador's financial regulators have requested details related to allegations of money laundering at the country's third-largest bank by net profit. Bloomberg issued a correction on the reporting of the inquiry. The move marks the latest regulatory scrutiny involving one of Ecuado…
BloombergEcuadorian Regulators Open Joint Probe Into Banco Guayaquil
Financial regulators in Ecuador have opened an investigation into possible money laundering at the country’s third-biggest bank by net profit. The joint probe targets Banco Guayaquil, according to a report by @business. Authorities have not disclosed further details of the inquir…
nationalpost.comTexas Man Pleads Guilty in Cocaine Distribution and Money Laundering Conspiracy
Tyrone Godley-Johnson, 42, of Houston entered a guilty plea in federal court on May 7, 2026 to charges of conspiracy to distribute cocaine and commit money laundering. The conviction triggers mandatory federal sentencing proceedings and adds to the Department of Justice's enforce…
info.gov.hkEleven Men Charged in D.C. With Running Transnational Methamphetamine and GBL Trafficking Ring
A federal grand jury in Washington indicted 11 men on charges they operated a drug trafficking organization that imported methamphetamine and gamma-butyrolactone from South Korea, laundered proceeds through sham beauty companies, and distributed the substances across the United S…
wral.comTucson Man Receives 13 Years in Prison for Fentanyl Cocaine Distribution and Money Laundering
A federal judge in Boston sentenced Tucson resident Jose Manuel Hernandez to 157 months in prison for conspiring to distribute fentanyl and cocaine shipped in truckloads from Mexico. The sentence triggers mandatory supervised release and forfeiture of more than $1.2 million in dr…
foxnews.comDominican Republic Man Pleads Guilty to Laundering Funds From Grandparent Fraud
A Dominican Republic national pleaded guilty to money laundering conspiracy in U.S. District Court for the Western District of Pennsylvania. The conviction supplies prosecutors with a factual record for asset forfeiture and continued tracing of accounts tied to the scheme.
insidermonkey.comCambodian PM's Cousin Claims 30% Ownership in Digital Payments Firm Huione Pay
The cousin of Cambodia's prime minister stated he owned a 30 percent stake in Huione Pay, a digital payments platform. Huione Pay is accused of laundering funds for transnational criminal groups. These groups perpetrate cyberscams from Southeast Asia.
ibtimes.co.ukCambodian PM Relative Admits 30% Ownership in Digital Payments Platform Tied to Reported Cyberscams
A relative of the Cambodian prime minister stated he owned a 30% stake in a digital payments platform. The platform is linked to cyberscams and money laundering. @AFP reported the details of the ownership admission.
Nbc NewsFormer U.S. Rep. David Rivera Convicted of Unregistered Lobbying, Money Laundering and Tax Evasion
A federal jury in Miami found former U.S. Rep. David Rivera guilty on charges related to a $50 million contract for secretly lobbying to ease Venezuela sanctions. The conviction follows a five-week trial featuring testimony from Secretary of State Marco Rubio and others. Rivera w…
winnipegfreepress.comHungarian Tax Authorities Block Fund Transfers Linked to Orban Aide in Money Laundering Probe
Hungarian tax authorities have suspended transfers worth billions of forints linked to a top aide of outgoing leader Viktor Orban, according to election winner Peter Magyar. The blocks target unidentified individuals suspected of money laundering. Magyar, set to succeed Orban on…
ecns.cnSwiss Court Dismisses Money Laundering Charges Against Uzbek Businesswoman
A Swiss court has dismissed a case against an Uzbek businesswoman accused of operating an international money laundering ring through Lombard Odier & Cie. The dismissal occurred in Switzerland, ending the legal proceedings. The accusations involved the Swiss bank but were ultimat…
ibtimes.comCalifornia Man Sentenced to 70 Months for Role in $263 Million Crypto Theft Ring
A 22-year-old Newport Beach resident received a 70-month prison sentence for laundering millions in stolen cryptocurrency. The funds supported luxury purchases for a multi-state criminal group. Prosecutors described the operation as involving young, unemployed individuals.
Substrate placeholder — needs reviewUS Offers $4 Million Reward for Arrest of Fugitive Money Launderer Daren Li
The United States has announced a bounty of up to $4 million for information leading to the arrest of Daren Li, a 43-year-old Chinese national convicted of money laundering. Li fled after removing his monitoring device following a guilty plea in cryptocurrency scam-related fraud.…
Substrate placeholder — needs reviewBalancer Exploiter Resumes Activity After 5 Months, Launders $2.55M ETH to BTC
The perpetrator behind a $120 million theft from Balancer has become active again. In the past hour, the exploiter moved 1,100 ETH valued at $2.55 million and began converting it to BTC via THORChain. @lookonchain reported the laundering activity on 2026-04-24.
Substrate placeholder — needs reviewDRC Central Bank Announces Restrictions on US Dollar Cash Transactions Starting April 2027
The central bank in the Democratic Republic of Congo has imposed new limits on cash transactions in US dollars to combat money laundering and bolster the local currency. The measures will take effect in April 2027, about one year from now. The policy aims to enhance confidence in…
Substrate placeholder — needs reviewKuwaiti Interior Ministry Details Methods in Money Laundering Case
The Kuwaiti Interior Ministry reported that individuals accused in a money laundering case used commercial entities to clean funds. The ministry stated that the accused transported the money by air and land through individuals to avoid detection. This follows the ministry's annou…
Substrate placeholder — needs reviewU.S. Treasury Prepares Stablecoin Anti-Money Laundering Proposal
The U.S. Treasury Department plans to propose regulations requiring stablecoin issuers to implement protections against money laundering and sanctions violations. The initiative aims to address risks in the cryptocurrency sector. Details were reported exclusively by CoinDesk.