Money laundering

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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November 22, 2018 - 12:01 pm
AMSTERDAM (AP) — Dutch police who found 350,000 euros ($400,000) hidden inside a washing machine have detained a man on suspicion of — what else? — money laundering. Police said in a statement Thursday that officers were checking a house in western Amsterdam on Monday for unregistered residents...
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FILE - In this April 23, 2015 file photo, Jho Low, Director of the Jynwel Foundation, poses at the launch of the Global Daily website in Washington, D.C. The Justice Department on Thursday, Nov. 1, 2018, charged the fugitive Malaysian financier in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to promote economic development projects in that country. The three-count indictment charges Low Taek Jho, who is also known as Jho Low, with misappropriating money from the state-owned fund and using it for bribes and kickbacks to foreign officials, to pay for luxury real estate, art and jewelry in the United States and to fund Hollywood movies, including "The Wolf of Wall Street." (Photo by Stuart Ramson/Invision for the United Nations Foundation/AP Images)
November 02, 2018 - 8:24 am
The young Malaysian tycoon wanted by the U.S. for his alleged role in ransacking a state investment fund says he's innocent, and he's been fighting back against the allegations while in hiding. For 36-year-old Taek Jho Low, or Jho Low, it's a far cry from earlier days of partying with jet-set...
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FILE - In this April 23, 2015 file photo, Jho Low, Director of the Jynwel Foundation, poses at the launch of the Global Daily website in Washington, D.C. The Justice Department on Thursday, Nov. 1, 2018, charged the fugitive Malaysian financier in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to promote economic development projects in that country. The three-count indictment charges Low Taek Jho, who is also known as Jho Low, with misappropriating money from the state-owned fund and using it for bribes and kickbacks to foreign officials, to pay for luxury real estate, art and jewelry in the United States and to fund Hollywood movies, including "The Wolf of Wall Street." (Photo by Stuart Ramson/Invision for the United Nations Foundation/AP Images)
November 01, 2018 - 3:52 pm
WASHINGTON (AP) — The Justice Department announced charges Thursday against a fugitive Malaysian financier and two former Goldman Sachs bankers accused in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to spur economic development...
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October 31, 2018 - 7:58 pm
MIAMI (AP) — The former finance chief of Venezuela's state oil company pleaded guilty Wednesday to participating in an alleged $1.2 billion embezzlement scheme, a major breakthrough for U.S. prosecutors targeting corruption by people close to President Nicolas Maduro, including his stepsons...
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October 25, 2018 - 9:18 pm
WASHINGTON (AP) — The United States imposed sanctions Thursday on the Singapore-based director of a commodities company accused of laundering money for North Korea through the U.S. financial system. The Department of Justice also unsealed criminal charges against the person, Tan Wee Beng, accusing...
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In this Tuesday, Oct. 23, 2018 photo, former Greek finance minister Yannos Papantoniou is escorted by policemen to a police van at a court in Athens. Papantoniou, who headed the country's effort to join the euro, and will be held in pre-trial detention in Athens from Wednesday, Oct. 24, 2018, on money laundering charges stemming from bribes allegedly paid to secure a 2003 navy contract. (Yannis Liakos/InTime News via AP)
October 24, 2018 - 2:27 pm
ATHENS, Greece (AP) — A former Greek finance minister who headed the country's effort to join the euro was jailed Wednesday while awaiting trial on corruption charges. Yannos Papantoniou and his wife Stavroula Kourakou were being held in a maximum-security Athens prison after a judge ordered pre-...
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