#money-laundering

#money-laundering

Daniel Elie Bouaziz was sentenced to prison for money laundering after his Palm Beach gallery sold forgeries of famous artists like Georgia O'Keeffe and Banksy, aided by fake documents.

Senator Ron Wyden is urging the public release of $1.5 billion in banking transactions linked to Jeffrey Epstein, highlighting the need for scrutiny into suspicious financial activities.

Gugnin allegedly facilitated over $530 million in transactions for Russian clients linked to sanctioned banks, employing Tether to circumvent US sanctions and export controls.

Standard Chartered Plc is facing a $2.7 billion lawsuit from liquidators alleging it played a role in enabling the laundering of billions of dollars misappropriated from Malaysian sovereign wealth fund 1MDB.

Arencibia and Rivera owned part of a Texas wholesale distributor, Eclipse Meds, LLC. They bought pharmaceutical drugs and forged documents to hide the illegitimacy.

Telegram stated, "communities previously reported to us by WIRED...have all been taken down," referring to the broad purge of illegal service markets on their platform.

The Australian Federal Police charged four individuals in connection with a money-laundering scheme involving an armored cash transport unit of a security company.

"Telegram were blocked all of our NFT, Channels and group on May 13th 2025, Haowang Guarantee will cease operation from now," the company wrote on its website.

Jacobs' analysis highlights the staggering scale of Xinbi Guarantee's operations, revealing an intricate ecosystem of illicit activities funder by over $8.4 billion in crypto transactions.

The Treasury Department stated that since August 2021, Huione Group and its affiliates had laundered $4 billion for a mix of criminals, including North Korean hackers.

"Aguasvivas pleaded guilty to money-laundering charges linked to a conspiracy that surfaced after his wife's murder during a carjacking incident."

During the investigation into the arrest of Eduardo Montero, Spanish police uncovered a vast international drug trafficking and money laundering network that connected to Dublin.

James Stunt, the bankrupt socialite, was found not guilty of money laundering in a £266m operation, while four co-defendants were convicted.

"The court heard that the woman, already in receipt of Pandemic Unemployment Payment, was found to have laundered over €30,000, spending significant amounts on luxury items."

TD Bank's decision to close at least 37 branches across numerous states reflects a strategic shift to adapt to evolving customer banking habits while addressing past legal issues.

TD Bank is undergoing branch closures as it contends with hefty penalties arising from its failure to curb money laundering practices.