Money laundering

May 30, 2017 - 6:21 pm
WASHINGTON (AP) — The Federal Reserve has fined Germany's largest bank $41 million for failure to maintain controls against money laundering in its U.S. operations. The U.S. regulators announced the penalty against Deutsche Bank on Tuesday, citing "unsafe and unsound practices." The global bank...
Read More
May 30, 2017 - 10:05 am
GENEVA (AP) — Swiss authorities have arrested five people, frozen several bank accounts and seized real estate in a sweep against alleged illegal drug trafficking and money laundering in the millions of dollars. Zurich state police say the arrests in a "coordinated international action" follow an...
Read More
May 24, 2017 - 6:26 pm
NEW YORK (AP) — A former aide to the president of one of soccer's six continental confederations pleaded guilty Wednesday to a single charge — money laundering conspiracy — in the sport's worldwide scandal. Costas Takkas, 60, worked at CONCACAF, the Confederation of North, Central America and...
Read More
May 22, 2017 - 2:24 pm
NEW YORK (AP) — Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls and negligence in the bank's Mexican subsidiary may have allowed customers to commit money laundering. The Justice Department announced Monday that Citi's Banamex...
Read More
In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 10:44 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
Read More
In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 8:18 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
Read More
In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 7:32 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
Read More
In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 6:50 am
NEW DELHI (AP) — British police say they have arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. A...
Read More
Mexico's former Veracruz state Gov. Javier Duarte, left, is escorted by an agent of the local Interpol office inside a police car as they arrive at Guatemala City, early Sunday, April 16, 2017. Duarte, who is accused of running a ring that allegedly pilfered from state coffers, has been detained in Guatemala after six months as a fugitive and a high-profile symbol of government corruption. (AP Photo/Moises Castillo)
April 16, 2017 - 9:03 pm
GUATEMALA CITY (AP) — A former governor who had become a symbol of government corruption in Mexico was transferred to a Guatemalan military prison on Sunday hours after being captured in a hotel following six months on the lam. Ex-Veracruz state Gov. Javier Duarte looked pale and visibly tired as...
Read More
In this photo released by the Guatemala National Civil Police (PNC), Mexico's former Veracruz state Gov. Javier Duarte poses for photos escorted by an agent of the Interpol office in Guatemala, left, and a Mexico federal agent at a court room in Panajachel, Guatemala, Saturday, April 15, 2017. Duarte, who is accused of running a corruption ring to pilfer from state coffers, was detained in Guatemala on Saturday. A statement from Mexico's federal Attorney General's Office said Duarte was detained in the municipality of Panajachel, in coordination with Guatemalan police and the local Interpol office. (Guatemala National Civil Police via AP)
April 16, 2017 - 8:48 am
GUATEMALA CITY (AP) — The former governor of Mexico's Veracruz state who is accused of running a corruption ring that allegedly pilfered millions of dollars from state coffers was detained in Guatemala after six months as a fugitive and high-profile symbol of government graft in his country. Javier...
Read More

Pages