Saturday, August 20, 2022

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Former Richardson Mayor, Husband Sentenced in Federal Conspiracy, Bribery Case

A former Richardson mayor and her husband have been sentenced to federal prison for their 2021 convictions on public corruption charges. Laura Jordan (Maczka), 57, and Mark Jordan, 55, who were convicted last summer on multiple conspiracy, bribery and tax...

Former Puerto Rico Gov. Wanda Vázquez is charged with bribery

SAN JUAN, Puerto Rico — Former Puerto Rico Gov. Wanda Vázquez was arrested Thursday on bribery charges related to the financing of her 2020 campaign, the latest hit to an island with a long history of corruption that brought...

Mexico’s attorney general investigating ex-president Enrique Nieto

Mexico’s Attorney General’s Office said Tuesday that it has opened several lines of investigation against former President Enrique Peña Nieto, several weeks after the country’s anti-money laundering agency accused the former leader of handling millions of dollars in possibly...

Robinhood Crypto Fined $30 Million Over Alleged Violations Of Anti-Money Laundering Rules

Robinhood Crypto, the cryptocurrency arm of Robinhood, has been fined a whopping $30 million by the New York Department of Financial Services (NYDFS) for allegedly violating anti-money laundering (AML), cybersecurity and consumer protection laws. In a statement Tuesday, Adrienne Harris, the superintendent...

ED arrests Shiv Sena MP Sanjay Raut in money laundering case

The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said. Raut, 60, was arrested after over six hours of questioning at...

German city to shut all betting shops amid money laundering allegations

The northern German city of Bremen is planning to shut down all of its betting shops after the interior senator said their owners had failed to convince him that they were not fronts for money laundering. Bremen, Germany’s smallest city-state,...

Former Chinese justice minister admits taking millions in bribes

A former Chinese justice minister who took a hard line on law enforcement admitted accepting bribes totalling over 117 million yuan ($17.3 million), a Chinese court said on Thursday. The trial of Fu Zhenghua, 67, began on Thursday at the...

Number of law firms fined by SRA increases following anti-money laundering compliance crackdown

The number of fines against law firms, handed out by the UK’s solicitors’ watchdog, has increased six-fold over the past five years following an anti-money laundering compliance crackdown, according to data obtained by City A.M.  The Solicitors Regulation Authority (SRA), which...

Pakistan court summons PM Shehbaz Sharif, son Hamza in money laundering case

A Lahore-based special court summoned Pakistan Prime Minister Shehbaz Sharif and his son Hamza Shehbaz in connection with a 16-billion-rupee money laundering case against them. The court summoned the father-son duo to appear on September 7 for the framing of...

Shakira could face eight years in jail if convicted in Spanish tax fraud case

Prosecutors in Spain are seeking an eight-year and two-month prison term for Shakira, if she is convicted in a trial for alleged tax fraud. The Colombian singer, whose full name is Shakira Isabel Mebarak Ripoll, is charged with failing to...

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