Financial Crimes

German wind executives convicted in Taiwan bribery case as local official found guilty of extortion

Taiwan has been racing to switch from fossil fuels to renewable energy. Offshore wind farms have been at the center of this plan, with...

Shadow bank moved R$46 billion for cartel in one of Brazil’s biggest financial scandals

Brazil has carried out the biggest crackdown on organised crime in its history. Authorities exposed a multibillion-dollar money laundering scheme linked to the Primeiro...

FinCEN raises concern over $312B laundering scheme that hides Mexican cartel profits via Chinese exchanges

The United States has raised alarm over a massive money laundering network connecting China and Mexican drug cartels. Officials...

Religious leaders exploit vulnerable victims in $50M trafficking and money laundering scheme

The U.S. Department of Justice has revealed a disturbing case involving two people accused of running what officials call...

Bunq penalized €2.6 million as regulator cites ineffective anti-money laundering system

Online bank Bunq has been fined €2.6 million for not doing enough to stop money laundering between January 2021...

FinCEN tracks 40 percent surge in reports of crypto converted to gold for illicit purposes

In 2025, a new challenge has taken center stage in global finance: the rise of crypto-to-gold laundering. This process...

India’s betting-app ban could increase offshore gambling and crypto money flows

India has decided to ban betting apps that allow users to place real-money wagers. The decision is aimed at...

Thai authorities uncover $50 million crypto-to-gold scheme linked to call-center investment scam

Thai authorities have arrested Han, a 33-year-old South Korean national, over allegations of laundering more than $50 million in...
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