Just when Deutsche Bank probably thought the worst of its legal troubles (over the Libor scandal, sales of shoddy mortgage-backed securities, FX and precious metal rigging which collective resulted in tens of billions in legal fines) were behind it, the struggling German lender is being drawn deeper into the biggest money laundering scandal in European […]
Danske Bank Probe Expands As JPM, Deutsche Bank, BofA Face Scrutiny…
Here’s How a Major Western Bank Enabled a Suspected Russian Money Launderer…
A Western financial institution loaned millions of dollars to a Russian-owned real estate company in 2012, despite the fact that its owner had been fined after an Israeli money laundering investigation and suspicions that the company was a beneficiary of the largest tax fraud in Russian history. To combat financial crimes, banks are supposed to […]
Meet the Whistleblower Who Exposed a Record-Breaking $200B Money Laundering Scheme…
Exactly one week after a Danish law firm published a 70+ page report claiming that roughly 200 billion euros ($235 billion) – nearly all of the money flowing through Danske Bank’s Estonia branch – qualified as suspect, a Danish newspaper has finally revealed the name of the whistleblower who set in motion one of the […]
“Godfather of Payday Lending” Stripped of $64 Million, Sentenced to 14 Years…
A former Main Line investment banker known as the “Godfather of payday lending” for preying on low-income borrowers was sentenced Friday to 14 years in federal prison and stripped of over $64 million in assets, reports philly.com. Lawyers for 77-year-old Charles M. Hallinan argued that the prison term might as well be a “death sentence” […]
New Jersey Man Sentenced for Role in Russian Uranium One Bribe Scheme…
A New Jersey man was sentenced on Monday to a year and a day in prison for conspiracy to commit money laundering in connection with his role in arranging bribes for the awarding of contracts with Russia’s state-owned nuclear energy corporation, the U.S. Justice Department said. Boris Rubizhevsky, 67, of Closter, New Jersey, was sentenced […]
Manafort Voluntarily Turns Himself In To FBI
Tax Fraud Is Among the Charges…Copy of Unsealed Indictment…
Greek Court Approves U.S. Extradition of BTC-e Operator in $4B Money Laundering Scheme…
Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities…
The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its “hate group” designations, pushes millions of dollars to offshore entities as part of its business dealings, records show. Additionally, the nonprofit pays…