Thursday, December 9, 2021

U.S

NYC Correction Officers’ union president found guilty of bribery, conspiracy

Norman Seabrook, former president of the Corrections Officers' Benevolent Association in New York, was convicted of bribery and conspiracy by taking a payoff to invest his union members' money — including pension money — in a hedge fund that...

Norman Seabrook, Ex-Leader of Jail Officers found Guilty for Bribery

Norman Seabrook, the once-powerful former leader of the New York City correction officers’ union, was found guilty of bribery and conspiracy on Wednesday in a case that cast a shadow over Mayor Bill de Blasio’s fund-raising efforts and touched...

ICE agent ran bribery scheme helping immigrants cheat deportation

Clifton Divers' job as an ICE agent was to help enforce the nation's immigration laws. Instead, prosecutors say, he used his job to help immigrants avoid deportation by running a bribery scheme with a crooked lawyer who got rich scamming clients, including an Albanian woman...

Ex-Barbados Parliament official arrested in Florida on money laundering charges

A former member of the Parliament of Barbados has been arrested in Florida on conspiracy and money laundering charges filed in Brooklyn federal court. Donville Inniss, a legal permanent U.S. resident and ex-member of the Barbados parliament and a former...

Feds look to seize Porsche Tower condo unit tied to $1B money laundering case

Federal officials are seeking to seize a condo unit at Porsche Design Tower in Sunny Isles Beach that they allege is tied to a $1 billion Venezuelan money laundering scheme. Prosecutors allege the scheme laundered money out of Venezuela’s state-run oil company,...

Real Estate Fraud: A Money Laundering Challenge for U.S Financial Institutions

For banks and other financial institutions, detecting money laundering through real estate purchases is a unique challenge. It’s still relatively easy for criminals to launder money via all-cash purchases of houses, properties, and condominiums. Why? In the U.S., real estate agents and...

Sonoma Valley Bank executives sent to prison for bank fraud

Two former senior executives at Sonoma Valley Bank and an attorney for one of its biggest borrowers were sentenced to prison Friday for their roles in defrauding the bank, costing taxpayers and investors millions of dollars when it collapsed...

Ex-NY Assembly Speaker Shelton Silver Jailed In Bribery, Money Laundering Retrial

Former New York State Assembly Speaker Shelton Silver is heading to prison after being found guilty of corruption charges for the second time. Silver, 74, was sentenced to seven years in prison a federal jury decided he used his position to...

Rep. Randy Davis indicted on bribery charges

Rep. Randy Davis, R-Daphne, was indicted Wednesday on charges of conspiracy and bribery over what prosecutors describe as an attempt to pressure Blue Cross Blue Shield (BCBS) to cover insulin therapies offered in health clinics in which he had...

North Miami Beach commissioner charged with accepting bribe from strip club owner

Prosecutors on Wednesday charged embattled North Miami Beach Commissioner Frantz Pierre with shaking down a strip club operator in exchange for votes to extend the club’s liquor license hours and with pocketing money from a school program that did...

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