August 17th, 2017The ongoing legal battle between Hollywood actor Johnny Depp and his former business managers intensifies as reports reveal that his former business managers are facing investigations from three federal agencies.
Management Group founders Joel and Rob Mandel may potentially face fraud and money laundering charges by the Internal...
August 15th, 2017The acting chairman of Israeli telecoms company Bezeq, David Granot, has been detained for questioning on suspicion of bribery and money laundering, a police spokesman said on Monday.
Bezeq said in a statement Granot had been detained, without giving details. But Israel's largest telecoms firm said the issue was not related to a probe...
July 31st, 2017A Chinese developer was convicted of charges he paid bribes to win backing for a United Nations conference center that he hoped to build in Macau.
A jury in Manhattan on Thursday (July 27 2017) found the developer, billionaire Ng Lap Seng, guilty of all six charges he faced, including conspiracy, bribery and money laundering, in the...
July 24th, 2017Mexican prosecutors say an ex-governor accused of corruption and other crimes has been ordered to stand trial.
The Attorney General’s Office said late Saturday (July 22 2017) that a judge ruled that Javier Duarte be tried on charges of organized crime and money laundering. He also faces other state charges.
Duarte and his lawyers...
July 20th, 2017A South Korean man was convicted of laundering bribes from science and technology companies based in California and Britain.
Courthouse News Service reported Tuesday that 59-year-old Heon-Cheol Chi, former director of South Korea's Earthquake Research Center, was convicted by a jury after a four-day trial of one count of transacting...
July 19th, 2017Germany has delayed signing a deal with Israel advancing the sale of three submarines, an Israeli official said Tuesday as a corruption probe into the affair gained momentum.
Germany and Israel were set to sign a memorandum of understanding over the sale in Berlin next week, Israeli media reported.
A source in Israel's National...
July 17th, 2017The U.S. Justice Department on Friday (July 14 2017) filed a lawsuit seeking to recover assets that include a $50 million Manhattan apartment and an $80 million yacht that it said were bought using money generated from a scheme to pay millions of dollars in bribes to a former Nigerian oil minister.
The civil lawsuit alleged that two...
July 13th, 2017A former wealth planner, who was among the first to be charged in connection with a global probe into 1MDB, was on Wednesday (July 12) jailed for 54 months by a Singapore court for money laundering and cheating.
The sentence meted out to Yeo Jiawei, 34, was the heaviest among the five individuals convicted in the Republic so far in...
July 12th, 2017Prosecutors in Peru on Tuesday requested the arrest of former President Ollanta Humala and his wife on money laundering and conspiracy charges tied to a corruption scandal involving Brazilian construction giant Odebrecht.
Prosecutor German Juarez told The Associated Press that he asked a judge to jail Humala and former first lady...
July 7th, 2017Financial institutions have been urged to strengthen their reporting and governance systems as some of the ways to fight against illicit activities, including money laundering and graft.
Nikos Passas, from the Institute for Security and Public Policy at North Eastern University in the US, said money launderers and corrupt individuals...
