Friday, October 23, 2020

Europe

Italian police arrests woman close to Vatican cardinal in corruption probe

The Vatican’s swirling corruption investigation has taken a mysterious new twist with the arrest on an international warrant of a Sardinian woman said to be close to one of the Holy See’s most powerful cardinals before his downfall. Italy’s financial...

German prosecutors fine Deutsche Bank $15.9m, drops money laundering probe

German prosecutors said on Tuesday they were dropping a money-laundering investigation against managers at Deutsche Bank DBKGn.DE, over its relations with Danske Bank's DANSKE.CO Estonian subsidiary, citing a lack of evidence. The economic crimes unit at the Frankfurt Prosecutor’s Office also fined Deutsche...

Romania money laundering prevention agency chief resigns over fraudulent diplomas

Laurenţiu Baranga resigned from his job as head of the Office for Money Laundering Prevention as prosecutors opened an investigation concerning his diplomas. He resigned on October 8, the Finance Ministry announced. He is under investigation for misleading several public...

Cyprus ends citizenship for investment scheme following undercover investigations

Cyprus has announced the suspension of a “golden passport” scheme to sell citizenship to wealthy investors following a sting by investigative journalists. Al Jazeera’s investigative unit filmed high-ranking Cypriot politicians, including the parliamentary speaker Demetris Syllouris, promising to support the sale...

Chess grandmaster banned for cheating in competition

A disgraced chess grandmaster, banned from tournaments after he was caught cheating by using a phone while sitting on a toilet, has been seen spotted competing under a new name. Players became suspicious of unrated 'Isa Kasimi' after he destroyed...

Newport bogus stockbroker sentenced to six years prison over £250,000 fraud

A bogus stockbroker who conned family, friends and investors out of more than £250,000 and spent it on strippers and helicopter rides, has been jailed. James Bufton, 26, from Newport, was described at the city's crown court as the "lowest...

Cyprus top officials implicated in scheme that allows criminals to buy Cypriot passport

Several high-ranking Cypriot officials, politicians, lawyers and real estate developers are implicated in a scheme that allows criminals to buy a European passport using the country’s citizenship through an investment programme, an Al Jazeera investigation has found. In The Cyprus...

Spanish prosecutors probes Arbistar over alleged $1 billion bitcoin pyramid scheme

The Spanish Prosecution office says it is investigating Arbistar for allegedly running a bitcoin trading scam with preliminary findings suggesting $1 billion in investors’ funds cannot be accounted for. The disappearance of investor funds has affected 32,000 families that...

Romanian police detain former head of anti-money laundering agency over fraud allegations

Romanian police said they had detained the former head of the government’s anti-money laundering agency late on Saturday pending a criminal investigation for fraud, accusing him of forging his high school graduation certificate. The police said they had detained Baranga...

Pope Francis commits to clean finances amid money laundering scandal

Pope Francis told European anti-money laundering experts Thursday that the Vatican was committed to “clean finance,” as he denounced financial speculation amid a spiraling corruption investigation in the heart of the Holy See.

Latest News

Judge opposed dismissal of bribery charge against former Portage mayor Synder

A judge denied Thursday two motions to dismiss a soliciting bribes charge former Portage Mayor James Snyder will be retried on, according to court...

Bribery trial of former San Angelo police chief Tim Vasquez delayed until 2021

The trial of former San Angelo police chief Tim Vasquez will not happen until 2021, according to court documents. The trial, originally set for...

Texas AG Ken Paxton fires second whistleblower who accused him of bribery

A second whistleblower has been fired from the Texas attorney general’s office after reporting his boss, Texas Attorney General Ken Paxton, to law enforcement for...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

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