Money Laundering

In Venezuela, the United States dollar has been vilified by the socialist regime time and time again for nearly a quarter of a century, and yet, at the end of the day, the Maduro regime can’t get enough of it.

A founding member of the 1990s hip-hop group the Fugees was enmeshed in political conspiracies involving millions of dollars in foreign money under two different U.S. presidents, federal prosecutors said as his trial got underway with opening statements.

The European Union is in danger of “criminalising” the use of physical cash with its new anti-money laundering laws, an MEP has warned.

A Texas border judge appears to have set a $5,000 bond on a woman from Mexico who is facing money laundering charges. Authorities stopped the woman from trying to cross to Mexico with $250,000 and two handguns.

The Royal Thai Police recently rescued 700 Thais from Chinese criminal gang-run compounds in Cambodia, where Thais lured into financial telephone scams are held against their will in debt bondage, Al Jazeera reported Wednesday.

Groups representing over half of all members of the EU Parliament called to classify Switzerland as a high-risk money laundering country.

A federal court in New York sentenced a Gambino crime family captain to prison and ordered him to pay $1 million in restitution for his role in a racketeering conspiracy. The mobster will also pay a fine of $15,000.

A female Mexican national pleaded guilty to laundering large quantities of cash through U.S. banks in Ohio for one of the most violent drug cartels.

The Islamic State in West Africa Province (ISWAP), the rebranded ISIS affiliate wing of Boko Haram, allegedly funnels roughly $43 million through official Nigerian financial institutions annually according to a new report by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

Italy’s left-populist Five Star Movement (M5S) is under investigation by prosecutors in Milan over allegations of receiving millions of euros of illicit funds from the Venezuelan consul in 2010.

An ethics complaint filed Friday alleged candidate Terry McAuliffe accepted a $350,000 donation from a foreign entity linked to an overseas money laundering investigation.

Trump mocked Hunter Biden’s shadowy and lucrative art career, saying it has “inspired [him] to immediately begin painting.”

A committee established by Sudan’s “sovereignty council” has taken control of “at least a dozen” lucrative firms linked to Palestinian terrorist organization Hamas, according to committee sources who spoke to Reuters on Thursday.

India’s Directorate of Revenue Intelligence (DRI) seized nearly three tons of heroin originating from Afghanistan worth an estimated $2.72 billion on September 15 at Mundra Port in western India’s Gujarat state, Gujarat Special Public Prosecutor Kalpesh Goswami confirmed to Indian media on Tuesday.

Prosecutors in Peru expanded an investigation this week into alleged money laundering by members of the ruling leftist Free Peru party to include party leader Vladimir Cerrón, Prime Minister Guido Bellido, and Cerrón’s brother Waldermar, the official party spokesman in Congress.

Buyers of Hunter Biden’s artwork, which will be featured in an exhibition in New York later this year, will remain anonymous, furthering concerns of the potential for Biden family corruption, as the problem of money laundering in the art world remains an issue of concern.

A New York City art gallery owner predicts that Hunter Biden’s latest venture as a full-time artist will prove to be profitable, with his art selling significantly over its actual value because of his family name alone.

President Joe Biden’s scandal-plagued son Hunter Biden is reportedly now engaged as a “full-time artist” and is working with Soho art dealer Georges Bergès to hold an exhibition in New York in the coming months, with prices for Hunter’s artwork ranging from $75,000 to $500,000, according to Artnet.

Then-VP Biden reportedly had dinner with his son’s business partners from Ukraine, Russia, and Kazakhstan in the U.S. capital in 2015.

Tensions are rising in the Mexican border state of Tamaulipas as federal forces work to arrest the governor who claims to have prosecutorial immunity. The governor claims the arrest warrant is political in nature and ordered by Mexico’s president. The tension has led to some talk about Mexico’s federal government pushing to assume control of Tamaulipas and fully remove the elected government.

Federal prosecutors are accusing a California man of fraudulently obtaining $5 million in coronavirus relief Payment Protection Program (PPP) loans and spending the money on luxury cars.

North Korea announced the abrupt end of diplomatic ties with Malaysia Friday in response to Kuala Lumpur’s “unpardonable crime” of extraditing a North Korean citizen to the United States for trial.

Nigeria’s Economic and Financial Crimes Commission (EFCC) indicted the Nigerian subsidiary of a Chinese construction firm for allegedly aiding the fraudulent cash transactions of a Nigerian senator amounting to roughly $13 million in 2014, the nation’s Premium Times reported Tuesday.

The Department of Justice began investigating Hunter Biden’s foreign business dealings earlier this year after receiving information from President Donald Trump’s attorney, former New York City Mayor Rudy Giuliani, according to a new report.

Joe Biden is refusing to discuss the legal troubles of his son amid revelations that the Department of Justice is investigating the younger Biden’s “tax affairs.”

“It is not at all believable that Joe Biden was completely unaware that his son was under FBI investigation since last year,” White House communications director for the Trump campaign Tim Murtaugh said in an evening call with reporters.

A Mexican drug lord on the FBI’s Most-Wanted fugitives list is wanted for ordering a cartel hit in Texas. He currently controls a powerful money laundering and extortion operation in one of the most exclusive suburbs in the border state of Nuevo Leon.

Hunter Biden’s laptop was purportedly seized by law enforcement officials with the Federal Bureau of Investigation (FBI) last year as part of an investigation into money laundering.

Pope Francis attacked the “worship of the ancient golden calf” and the “idolatry of money” Thursday, just two weeks after sacking a prominent Vatican cardinal for financial impropriety.

The  New York Times reports that federal authorities have brought criminal charges against the owners of one of the world’s biggest cryptocurrency trading exchanges, BitMEX, alleging that the Hong Kong-based company was used to launder money and engage in illegal transactions. BitMEX handles a volume of $1.5 billion in crypto trades each day, making it one of the top five cryptocurrency exchanges.

A federal court in Virginia sentenced a Chinese man to five years in prison for his role in a money-laundering scheme involving Mexican cartels. The judge also ordered the man to forfeit more than $4 million in proceeds from “large-scale drug trafficking in the United States.”

The founder of a fake Black Lives Matter charity was arrested in Ohio Friday after spending $200,000 given to the organization on a home, guns, and suits, authorities said.

A former Mexican politician who once served as the interim governor of Coahuila pleaded guilty in a U.S. federal court to international money laundering. The money-laundering scheme funneled millions of dollars in bribes in

El Centro Sector Border Patrol agents arrested a convicted drug trafficker and money launderer after he illegally re-entered the United States. Immigration officers deported the Mexican criminal alien less than one year ago after he served less than half of a 20-year prison sentence.

The court has set an August 10 trial date for a Louisiana man accused of committing a $1.2 million food stamp fraud operation with two others.