Saturday, June 19, 2021

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DOJ reclaims majority of ransom paid to Colonial Pipeline hackers

The Justice Department, in conjunction with other federal authorities, on Monday said that the majority of the ransom Colonial Pipeline Co. paid to hackers last month has been recaptured. During a news conference, Deputy U.S. Attorney General Lisa Monaco said...

Iraq arrests two generals on suspicion of accepting bribes to waive customs duties

Iraq announced Saturday it has arrested two generals on suspicion of taking bribes to waive customs duties, a practice estimated to cost the state $6.3 billion a year in lost revenues. Both men worked at the Gulf port of Umm...

Myanmar’s anti-corruption commission accuses former leader Suu Kyi of accepting bribes

The Anti-Corruption Commission in military-ruled Myanmar has found that ousted leader Aung San Suu Kyi accepted bribes and misused her authority to gain advantageous terms in real estate deals, government-controlled media reported Thursday. Suu Kyi's lawyers already denied the allegations...

EU takes Luxembourg to court over failure to implement money laundering rules

The European Commission on Wednesday took Luxembourg to court, asking the European Court of Justice (ECJ) to impose a daily penalty on the country for failing to put new EU rules to stop money laundering into law. Without the rules on...

Former deputy mayor of Jerusalem indicted in bribery case

Prosecutors on Thursday indicted a former deputy mayor of Jerusalem over suspicions he pocketed bribes to the tune of hundreds of thousands of shekels. The bribery charge against Meir Turgeman stems from allegations he received more than NIS 350,000 (over...

Sweden charges former Bombardier executive with bribery in $340m Azerbaijan contract

An ex-employee of a unit of Canadian aircraft maker Bombardier, now owned by French firm Alstom, has been charged in Sweden on suspicion of bribing an Azerbaijani official to secure a rail equipment contract worth around $340 million. A Stockholm...

Australia expands money laundering probe into casinos over money-laundering breaches

Australia is expanding an investigation into casinos over a potential breach of money laundering laws. Owners of the main casinos in Australia's five biggest cities are now under formal investigation. National Australia Bank (NAB) and casino operators Crown Resorts, Star Entertainment...

Retired nun pleads guilty to stealing more than $830,000 from St. James Catholic School to fund gambling trips

A California nun will plead guilty to swindling over $800,000 from the Catholic elementary school she ran to help pay for her gambling trips, federal prosecutors said. Sister Mary Margaret Kreuper, 79, was charged Tuesday with wire fraud and money...

Philippine lodged complaints against ex-Wirecard COO over fraud, cybercrime offences

Philippine investigators have lodged criminal complaints against a former executive of collapsed German payments firm Wirecard and others for alleged bank fraud and cybercrime offences, the justice secretary said Monday. Wirecard was once a rising star in the fintech sector...

Lithuania cancels licence of local fintech implicated in Wirecard fraud scandal

Lithuania’s central bank has revoked the licence of a local fintech implicated in the Wirecard scandal because of major breaches of anti-money-laundering and counter-terrorist financing rules.    Prosecutors in Munich suspect that UAB Finolita Unio, a fintech registered in Lithuania’s capital...

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