Tag: Money Laundering
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.
Table of Contents'Complete Exit From the...
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...
The ED submitted an affidavit calling Vivo money laundering an act of financial terrorism, citing an Orissa High Court ruling from 2020.
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.
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.
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...
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...
Nigerian Instagram influencer Hushpuppi has been kidnapped by FBI for £350 million cyberscam. Ramon Olorunwa Abbas aka ‘Hushpuppi' was arrested by FBI from Dubai and taken to the US.
Nigerian Instagram influencer Hushpuppi has been kidnapped by FBI for...
Spain’s King Felipe VI has renounced his inheritance after the family finances were exposed in a Saudi scandal. The announcement came after reports earlier this month in the Swiss daily Tribune de Geneve that former monarch Juan Carlos had...
Motech Software - how Reliance stashed Black Money in Swiss Banks and later snapped all ties with the shell firm after money laundering probe was initiated. The biggest Indian account holder with nearly USD 500 million in Geneva branch,...
