News and Blogs

Uncertainty for Honduras President After Brother’s Life Sentence

Read here: https://insightcrime.org/news/honduras-president-brother-life-sentence/

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Warning to remain cautious with US firms for compliance

Read here: https://jerseyeveningpost.com/news/business/2021/03/31/warning-to-remain-cautious-with-us-firms-for-compliance/

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African Elephants Critically Endangered Due to Illegal Ivory Trade

Read here: https://www.occrp.org/en/daily/14137-african-elephants-critically-endangered-due-to-illegal-ivory-trade

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The Swiss textile machinery industry has a China dilemma

Read here: https://www.swissinfo.ch/eng/the-swiss-textile-machinery-industry-has-a-china-dilemma/46491754

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Global Gaming Sues Philippine Billionaire Enrique Razon in New York for US$296.6M

Read here: https://www.casino.org/news/enrique-razon-philippine-billionaire-sued-for-296-6m-by-global-gaming/

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Fashion Brands Urged to Boycott Turkmenistan’s Cotton

Read here: https://www.occrp.org/en/daily/14136-fashion-brands-urged-to-boycott-turkmenistan-s-cotton

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Danske could absorb $3.3B money-laundering fine and still hit own CET1 target

Read here: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/danske-could-absorb-3-3b-money-laundering-fine-and-still-hit-own-cet1-target-63052921

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DeepDotWeb Administrator Pleads Guilty to Money Laundering Conspiracy

Read here: https://www.justice.gov/opa/pr/deepdotweb-administrator-pleads-guilty-money-laundering-conspiracy

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Washington Man Pleads Guilty to $244 Million Ghost-Cattle Scam

Read here: https://www.justice.gov/opa/pr/washington-man-pleads-guilty-244-million-ghost-cattle-scam

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Justice Department Warns About Fake Post-Vaccine Survey Scams

Read here: https://www.justice.gov/opa/pr/justice-department-warns-about-fake-post-vaccine-survey-scams

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Drug dealer who hid £1.6m cocaine inside armchairs will sit in prison for nine years

Read here: https://www.nationalcrimeagency.gov.uk/news/drug-dealer-who-hid-1-6m-cocaine-inside-armchairs-will-sit-in-prison-for-nine-years

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Hungarian Authorities Break Up €8 Million VAT Fraud Scheme

Read here: https://www.europol.europa.eu/newsroom/news/hungarian-authorities-break-€8-million-vat-fraud-scheme

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Businessman Nets 47M for Belgrade Airport Land, then Partners With Lawyer Whose Firm Advised on Deal

Read here: https://www.occrp.org/en/openlux/businessman-nets-47m-for-belgrade-airport-land-then-partners-with-lawyer-whose-firm-advised-on-deal

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Negotiating with Violent Criminal Groups: Lessons and Guidelines from Global Practice

Read here: https://ifit-transitions.org/publications/negotiating-with-violent-criminal-groups/

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More German Politicians Resign over Face Masks Bribery Scandal

Read here: https://www.occrp.org/en/daily/14134-more-german-politicians-resign-over-face-masks-bribery-scandal

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An Insider Revealed Nissan’s Secrets Then Faced Its Wrath

Watch here: https://www.bloomberg.com/news/videos/2021-03-29/an-insider-revealed-nissan-s-secrets-then-faced-its-wrath-video

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DOJ Goes for the Honduran President’s Jugular In Sentencing of Tony Hernandez

Read here: https://www.corporatecomplianceinsights.com/doj-goes-for-the-honduran-presidents-jugular-in-sentencing-of-tony-hernandez/

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Former Honduran Congressman Tony Hernández Sentenced To Life In Prison And Ordered To Forfeit $138.5 Million For Distributing 185 Tons Of Cocaine And Related Firearms And False Statements Offenses

Read here: https://www.justice.gov/usao-sdny/pr/former-honduran-congressman-tony-hern-ndez-sentenced-life-prison-and-ordered-forfeit

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EY drops appeal against $10.8m whistleblower payment

Read here: https://www.bbc.co.uk/news/business-56564719

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“Probably The Largest Kyc Data Leak In History” Demonstrates The Importance Of Bitcoin Privacy

Read here: https://bitcoinmagazine.com/business/probably-the-largest-kyc-data-leak-in-history-demonstrates-the-importance-of-bitcoin-privacy

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SRA flags over £200m of potential money laundering by solicitors

Read here: https://www.legalfutures.co.uk/latest-news/sra-flags-over-200m-of-potential-money-laundering-by-solicitors

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Bitcoin Owner Blames Apple for $600,000 Theft That Reportedly Took Place via Fake App

Read here: https://wccftech.com/apple-blamed-600000-bitcoin-theft/

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Countering the rise of money laundering in the UK: Open Banking has some of the answers, but could we do more?

Read here: https://www.openbankingexcellence.org/blog/countering-the-rise-of-money-laundering-in-the-uk-open-banking-has-some-of-the-answers-but-could-we-do-more/

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Social media platform TikTok joins the Coalition to End Wildlife Trafficking Online

Read here: https://www.traffic.org/news/tiktok-coalition-announcement/

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NYC Man Offered ‘One-Stop-Shop’ For Drugs, Money Laundering: Feds

Read here: https://patch.com/new-york/new-york-city/nyc-man-ensnared-cocaine-money-laundering-bust-faces-4-years

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New York state leaders agree to legalize recreational marijuana

Read here: https://abcnews.go.com/US/york-state-leaders-agree-legalize-recreational-marijuana/story?id=76736169

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Suspected people smuggler and four migrants arrested in NCA operation at motorway service station

Read here: https://www.nationalcrimeagency.gov.uk/news/suspected-people-smuggler-and-four-migrants-arrested-in-nca-operation-at-motorway-service-station

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Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Nordgas S.r.l.

Read here: https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210326

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El Chapo, Hezbollah and triads deluged RCMP in Vancouver, inquiry hears

Read here: https://www.piquenewsmagazine.com/bc-news/el-chapo-hezbollah-and-triads-deluged-rcmp-in-vancouver-inquiry-hears-3589513

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New CEP Report Reveals that Illicit Trade in East Africa is Funding Extremists, Terrorists, and Warlords

Read here: https://www.counterextremism.com/press/new-cep-report-reveals-illicit-trade-east-africa-funding-extremists-terrorists-and-warlords

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KYT to boost KYC?

Read here: https://insidenow.deloitte.lu/kyt-to-boost-kyc/article/

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Fraudsters threatened to cut off electric supply over false debts

Read here: https://www.euroweeklynews.com/2021/03/30/fraudsters-threatened-to-cut-off-electric-supply-over-false-debts/

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XPCC Ownership in Xinjiang’s Solar Industry Hidden by Complex Ownership Structures

Read here: https://sayari.com/blog/xpcc-ownership-in-xinjiangs-solar-industry-hidden-by-complex-ownership-structures/

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Ex-directors in dock as Serco tagging fraud trial opens

Read here: https://www.lawgazette.co.uk/news/ex-directors-in-dock-as-serco-tagging-fraud-trial-opens/5107997.article

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London human trafficking raid sees 14 women freed from sexual slavery as arrests made

Read here: https://www.independent.co.uk/news/uk/crime/london-human-trafficking-women-sexual-slavery-b1824498.html

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UK Tax Authority Updates Treatment of Crypto Assets to Incorporate Staking

Read here: https://www.coindesk.com/uk-tax-authority-updates-treatment-of-crypto-assets-to-incorporate-staking

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PayPal will let US users pay with Bitcoin, Ethereum, and Litecoin starting today

Read here: https://www.theverge.com/2021/3/30/22357246/paypal-buy-with-bitcoin-litecoin-ethereum-crypto-checkout

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57 years for Dutch drug traffickers who smuggled Class A drugs into UK

Read here: https://www.nationalcrimeagency.gov.uk/news/57-years-for-dutch-drug-traffickers-who-smuggled-class-a-drugs-into-uk

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‘Real Housewives’ Star Charged in Massive Fraud, Money Laundering Scheme

Read here: https://www.nbcnewyork.com/news/local/crime-and-courts/real-housewives-star-charged-in-massive-fraud-money-laundering-scheme/2972547/

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Brazil prosecutors to investigate Vale over Steinmetz complaint

Read here: https://www.reuters.com/article/idUSKBN2BI32W

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