Thursday, April 22, 2021

financial crime

Lawyers for South Africa’s ex-president Jacob Zuma quit ahead of corruption trial

Former South African President Jacob Zuma’s legal team has quit less than a month before he’s set to go on trial for alleged corruption. Zuma’s spokesman Vukile Mathebula confirmed that lawyer Eric Mabuza filed a withdrawal notice with the High...

Brooklyn carpenters union boss accused of taking bribes from workers

The powerful boss of the Brooklyn chapter of the carpenters union took bribes from hundreds of workers — many delivered in cash-stuffed envelopes outside a construction site, a prosecutor charged Tuesday at the start of trial. Salvatore Tagliaferro, president of...

Judge dismisses retrial of ex-Michigan lawmaker Larry Inman in bribery, extortion case

Former Michigan State Rep. Larry Inman will not be retried on bribery and extortion charges after his first trial ended with an acquittal on one charge and a hung jury on two others. To retry the northern Michigan lawmaker would...

Two former mariners plead guilty to bribery in U.S Coast Guard exam fraud scheme

U.S. Attorney Duane A. Evans announced the guilty pleas of two middlemen in a test score-fixing scheme at a United States Coast Guard exam center, bringing the total number of defendants convicted in this case to 21. Former mariners ALEXIS BELL and MICHEAL...

Danske Bank CEO resigns over money laundering probe into ABN Amro

The chief executive of Denmark’s Danske Bank resigned on Monday after Dutch authorities named him as a suspect in an investigation into violations of money-laundering regulations at lender ABN Amro . Chris Vogelzang, who held some senior positions at Amsterdam-based...

ABN Amro to pay $574 million to settle money laundering probe

Dutch bank ABN Amro on Monday said it had reached a 480-million-euro ($574 million) settlement with prosecutors in the Netherlands over money laundering allegations, which will impact its first-quarter results. ABN Amro said in a statement it had agreed to...

Former NHS executive jailed for £1.4m fraud

A former NHS executive has been jailed for defrauding the health service and several companies - including those providing care for vulnerable adults. Stephen Day, who was also a chartered accountant, was sentenced to 11 years and five months in...

Soccer player Nathan Blockley used as a mule in money laundering operation

A FORMER Scots footballer was a “mule” in a cross-border money-laundering operation to fund his cocaine addiction. Nathan Blockley, 28, was snared by cops withdrawing £6,500 of fraudulent funds on November 27, 2018. The ex-Airdrie and Peterhead midfielder - who was...

Dallas Attorney Rayshun Jackson charged for laundering proceeds of drug trafficking

A Dallas lawyer has been charged with laundering money that he believed was the proceeds of a drug trafficking operation. Rayshun Jackson was arrested and charged on April 14. “Attorneys swear an oath to conduct themselves with integrity and uphold...

Chile sentenced former senator Jaime Orpis to five years in prison for tax fraud

Former conservative Senator Jaime Orpis has been bestowed Friday with the dubious honour of becoming Chile's first-ever politician to be handed down a jail sentence for his involvement in acts of corruption. Orpis, of the ultra-conservative Independent Democratic Union (UDI)...

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Lawyers for South Africa’s ex-president Jacob Zuma quit ahead of corruption trial

Former South African President Jacob Zuma’s legal team has quit less than a month before he’s set to go...
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