Money laundering

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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United Malays National Organization's (UMNO) Pexresident Ahmad Zahid Hamidi waves as he walks into courtroom at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Friday, Oct. 19, 2018. The anti-graft agency said Zahid was detained at its office shortly after he was summoned as part of its probe into abuse of power, criminal breach of trust and money laundering at a welfare group. It said in a statement that Zahid will be taken to court on Friday to face several charges under anti-corruption and anti-money laundering laws. (AP Photo/Yam G-Jun)
October 19, 2018 - 12:21 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's former deputy prime minister has been charged with abuse of power, corruption and money laundering involving millions of dollars in another graft investigation against the leaders ousted in shock election results earlier this year. Ahmad Zahid Hamidi now...
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Rosmah Mansor, wife of former Malaysian Prime Minister Najib Razak walks into courtroom at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Thursday, Oct. 4, 2018. Rosmah was arrested by the anti graft agency Wednesday and will face money laundering charges related to a graft scandal in the 1mdb state investment fund. (AP Photo/Vincent Thian)
October 03, 2018 - 10:50 pm
KUALA LUMPUR, Malaysia (AP) — The detained wife of former Malaysian Prime Minister Najjib Razak pleaded not guilty Thursday to laundering illegal proceeds from a graft scandal involving the 1MDB state investment fund, five months after her husband's shocking electoral loss. Rosmah Mansor, 66, was...
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Rosmah Mansor, wife of Malaysian Prime Minister Najib Razak, arrives at the Anti-Corruption Agency for questioning in Putrajaya, Wednesday, Oct. 3, 2018. Rosmah is to be questioned by the country's anti-graft agency for the third time as investigators prepare possible charges against her including money laundering in the multi-billion-dollar scandal. (AP Photo/Vincent Thian)
October 03, 2018 - 7:59 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's anti-graft agency said Wednesday that the wife of former Prime Minister Najib Razak has been arrested and will face money laundering charges in a graft scandal involving the 1MDB state investment fund. The agency said Rosmah Mansor was detained at its...
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Rosmah Mansor, center, wife of Malaysian Prime Minister Najib Razak, arrives at the Anti-Corruption Agency for questioning in Putrajaya, Wednesday, Oct. 3, 2018. Rosmah is to be questioned by the country's anti-graft agency for the third time as investigators prepare possible charges against her including money laundering in the multi-billion-dollar scandal. (AP Photo/Vincent Thian)
October 03, 2018 - 5:43 am
KUALA LUMPUR, Malaysia (AP) — The Latest on the arrest of the wife of former Malaysian Prime Minister Najib Razak (all times local): 5 p.m. Malaysia's anti-graft agency says the wife of former Prime Minister Najib Razak will be charged under the anti-money laundering act. The agency says Rosmah...
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