Money laundering

Former 1Malaysia Development Berhad CEO, Arul Kanda Kandasamy arrives at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Wednesday, Dec. 12, 2018. Arul and former Malaysia's Prime Minister, Najib Razak, face fresh charges for tempering 1MDB audit report. (AP Photo/Yam G-Jun)
December 11, 2018 - 11:17 pm
KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak was charged Wednesday with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations against him since his ouster in May elections. Najib was charged along...
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In this courtroom drawing, Assistant U.S. Attorney Douglas Zolkind, standing, addresses cooperating witness Cheikh Gadio, far right, during Hong Kong businessman Dr. Chi Ping Patrick Ho's bribery trial in New York, Wednesday, Nov. 28, 2018. Seated at far left is the defendant, Dr. Chi Ping Patrick Ho. On the bench is Judge Loretta Preska. The photo on the monitor shows the defendant and the President of Chad, Idriss Deby, taken during a meeting. (Elizabeth Williams via AP)
December 05, 2018 - 6:18 pm
NEW YORK (AP) — A federal jury convicted a Hong Kong businessman Wednesday of bribing the presidents of two African nations to secure oil rights for a Chinese energy conglomerate, a case that stretched from the halls of the United Nations and highlighted the often blurry line between...
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Masked police stand in an ice parlor in Duisburg, western Germany, Wednesday, Dec. 5, 2018 as authorities conduct coordinated raids in Germany, Italy, Belgium and the Netherlands in a crackdown on the Italian mafia. (Christoph Reichwein/dpa via AP)
December 05, 2018 - 10:24 am
THE HAGUE, Netherlands (AP) — Hundreds of police in Germany, Italy, Belgium and the Netherlands arrested at least 84 suspected mobsters and seized around 2 million euros ($2.3 million) Wednesday in a series of coordinated raids targeting a powerful Italian organized crime syndicate. "Today we send...
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December 05, 2018 - 6:11 am
BERLIN (AP) — The Latest on raids on the Italian mob across Europe (all times local): 12:10 p.m. Police say they have arrested about 90 suspected mafia members in a series of coordinated raids in four European countries. The arrests in Italy, Germany, the Netherlands and Belgium came as part of an...
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December 04, 2018 - 7:53 pm
NEW YORK (AP) — Federal authorities announced a raft of conspiracy and tax fraud charges Tuesday against four men in the first U.S. prosecution related to the so-called Panama Papers. The 11-count indictment unsealed in Manhattan stems from what prosecutors described as an "intercontinental money...
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November 30, 2018 - 6:56 pm
WASHINGTON (AP) — A former Justice Department official admitted his role Friday in a multimillion-dollar effort to try to get the United States to drop its investigation into a money laundering and bribery scheme that pilfered billions from a Malaysian investment fund. George Higginbotham's guilty...
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Trader Patrick Casey, left, and specialist Michael Pistillo work on the floor of the New York Stock Exchange, Thursday, Nov. 29, 2018. U.S. stocks are lower Thursday morning after huge gains the day before. (AP Photo/Richard Drew)
November 29, 2018 - 4:37 pm
NEW YORK (AP) — U.S. stocks finished lower Thursday after an afternoon rally faded away. Banks and technology companies fell after the market pulled off a huge rally the day before. Deutsche Bank dropped after German authorities raided its offices on suspicion some of its employees helped clients...
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November 29, 2018 - 3:13 pm
PITTSBURGH (AP) — Federal prosecutors say a Russian man hacked into a computer at the Pittsburgh National Golf Club and bought items from eBay using fake accounts. The federal indictment unsealed Thursday charges Ilya Kulkov, of Barnaul, Russia, with wire fraud, computer fraud and money-laundering...
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A police officer walks in the backyard of Deutsche Bank headquarters during a raid in Frankfurt, Germany, Thursday, Nov. 29, 2018. (AP Photo/Michael Probst)
November 29, 2018 - 10:23 am
BERLIN (AP) — Some 170 police officers, investigators and prosecutors raided the German offices of Deutsche Bank on Thursday on the suspicion bank employees helped clients set up offshore companies in tax havens to launder hundreds of millions of euros. The investigation emerged from an analysis of...
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November 23, 2018 - 10:14 am
MADRID (AP) — Spain's National Court has agreed to extradite to Venezuela a former bodyguard of the country's late leader Hugo Chavez. The court ruled Friday that Adrian Velasquez Figueroa can go home to face charges of corruption and money-laundering. The court had previously ruled that his wife,...
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