Money Laundering Archives - GreatGameInternational

Brazil’s Former President Bolsonaro Indicted For Money Laundering And Diamond Scandal

July 6, 2024 No Comments

Former Brazilian President Jair Bolsonaro has been indicted by the Federal Police for allegedly receiving undeclared diamonds from Saudi Arabia during his presidency, alongside charges of money laundering and criminal association. This marks his second indictment since leaving office, following accusations of falsifying his COVID-19 vaccination record. Bolsonaro denies any

Epoch Times CFO Bill Guan Is Charged In Alleged $67 Million Global Money Laundering Scheme

June 4, 2024 No Comments

Federal prosecutors announced that Epoch Times CFO Bill Guan has been charged with orchestrating a $67 million global money laundering scheme, involving prepaid debit cards, bitcoin, and stolen personal information. Federal prosecutors announced on Monday that the chief financial officer of the conservative international news organization The Epoch Times had

Binance Pleads Guilty To Money Laundering, Faces Over $4 Billion In Fines

November 23, 2023 No Comments

The DOJ has announced that Binance pleaded guilty to money laundering, and faces over $4 billion in fines, and Mr. Zhao consents to resign as CEO of Binance. The founder of Binance, the largest cryptocurrency exchange in the world, Changpeng Zhao, entered a guilty plea to charges of money laundering,

BIS To Use AI To Monitor Global Bank Transactions For “Money Laundering”

June 4, 2023 3 Comments

The Bank for International Settlements (BIS) plans to use AI to monitor global bank transactions for potential instances of money laundering. The project, known as “Project Icebreaker,” focuses on developing a SWIFT-like bottleneck system that would enable global banks to regulate and potentially standardize all currencies. While the IMF is

Vivo Money Laundering An Act Of Financial Terrorism

July 26, 2022 No Comments

The ED submitted an affidavit calling Vivo money laundering an act of financial terrorism, citing an Orissa High Court ruling from 2020.

Vivo, Oppo, Realme, OnePlus Are All Owned By Just One Secret Chinese Company BBK Electronics

July 17, 2022 No Comments

Vivo and Oppo, two Chinese smartphone manufacturers, are in trouble after being charged by several government authorities of money laundering and tax evasion, respectively. However, did you know that Vivo, Oppo, Realme and OnePlus are all owned by just one secret Chinese company known as BBK Electronics.

US Aid To Ukraine Looks Like Money Laundering Scheme

May 20, 2022 3 Comments

A congresswoman has claimed that US aid to Ukraine looks like a money laundering scheme and instead should be used to address domestic concerns such as homelessness and human trafficking.

Former Head Of Vatican Bank Angelo Caloia Found Guilty of Money Laundering. Sentenced To 9 Years In Prison

January 22, 2021 No Comments

The former head of the Vatican Bank, Angelo Caloia has been found guilty of money laundering by the Vatican court and sentenced to 9 years in prison. As reported by GreatGameIndia earlier, bankrupted by sexual abuse cases, US Roman Catholic Church is one of the biggest beneficiary of taxpayer-backed Coronavirus aid with

PayPal May Quit India After Rs 9.6 Million Penalty Slapped For Violating Anti Money Laundering Laws

December 20, 2020 No Comments

American online payment gateway giant PayPal may quit its business in India after the Financial Intelligence Unit of India (FIU) slapped the firm with a penalty of Rs 9.6 million for violating anti money laundering laws. FIU has accused PayPal of “concealing” suspect financial transactions and abetting “disintegration” of India’s

Money Laundering