September 17, 2014
by Addison Morris
Vladimir Yevtushenkov, Sistema's chairman and largest shareholder, was placed on house arrest Tuesday after being accused of money laundering. Yevtushenkov is one of Russia's richest men and is estimated by Forbes to be worth approximately USD $4.5 billion. Sistema insists that the charges are ...[read more]
August 21, 2014
by Dominic Yobbi
The president of the United Arab Emirates (UAE) endorsed a new law to better combat evolving terrorist threats, state media reported Wednesday. The law, a revision of the country's nearly 10-year-old counter-terrorism law, would introduce new security measures to counter such crimes as attacks on ...[read more]
July 2, 2014
by Addison Morris
BNP Paribas (BNPP) pleaded guilty on Monday to criminal charges of violating US sanctions and will pay a penalty of almost $9 billion. The French bank has been under investigation for violating US money laundering laws by helping clients from Iran, Sudan and Cuba dodge US economic sanctions. The ...[read more]
April 9, 2014
by Benjamin Minegar
US Attorney General Eric Holder on Tuesday expressed concern before the US House of Representatives Judiciary Committee with respect to the proliferation of virtual currencies, which, he asserts, have created new avenues for money laundering, drug trafficking and other illegal activity. Holder ...[read more]
February 28, 2014
by Amy Mathieu
The Brazil Supreme Court overturned racketeering convictions of several former leaders of the Workers Party on Thursday by a 6-5 vote, which will result in lessened prison sentences. The convictions of corruption and money-laundering in the nation's largest political corruption case will not be ...[read more]
December 20, 2013
by Kimberly Bennett
Russian President Vladimir Putin signed a decree on Friday pardoning former oil tycoon Mikhail Khodorkovsky, and releasing him from prison. Khodorkovsky has already spent over a decade in prison for fraud, theft and money laundering. In a statement posted on his website, Khodorkovsky said he had ...[read more]
November 12, 2013
by Cynthia Miley
A Moscow court ruled Tuesday that the Russian government can seize the assets of Alexei Navalny, a prominent critic of President Vladimir Putin. Charges for theft and money laundering were filed last month against Navalny and his brother. No trial date has been set, but the penalties include up to ...[read more]
October 7, 2013
by Max Slater
A Greek court on Monday found former defense minister Akis Tsochatzopoulos guilty of money laundering. The court also rendered guilty verdicts against 16 of Tsochatzopoulos's co-defendants, including his wife, ex-wife and daughter. The charges against Tsochatzopoulos stem from his issuance of ...[read more]
October 4, 2013
by Kimberly Bennett
The Spanish Provincial Court of Malaga convicted 53 people on Friday for money laundering, bribery and fraud, while 42 people were acquitted. The convicted include town hall officials, lawyers and business representatives conducting business in the resort town Marbella. Former urban planning ...[read more]
September 19, 2013
by Samuel Franklin
The Texas 3rd Court of Appeals in Austin overturned the conviction of former House Majority Leader Tom DeLay (R-TX) on Thursday, concluding that the state failed to prove proceeds of criminal activity in its money laundering charges against DeLay. A three-judge panel voted 2-1 to overturn the ...[read more]

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