US regulator warns brokers to bolster anti money-laundering efforts
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) has warned some broker dealers to strengthen policies and controls that guard against money laundering, including by taking more care to…
Felon Sentenced to 15 Years in Federal Prison for Methamphetamine Trafficking, Money Laundering, and Firearm Offenses in Terre Haute
TERRE HAUTE – Steven Francis, 56, of Indianapolis, was sentenced to 15 years in federal prison after pleading guilty to possession with intent to distribute methamphetamine, possession of a firearm in furtherance of a drug…
Eight Individuals Indicted and Arrested for Bank and Wire Fraud, Money Laundering, and Aggravated Identity Theft
SAN JUAN, Puerto Rico – On October 28, 2022, a federal grand jury returned a 40-count superseding indictment charging eight individuals with conspiracy to commit bank fraud, wire fraud, access device fraud,…
Germany raids Russian oligarch’s properties in money-laundering probe
ROTTACH-EGERN, Germany (Reuters) – German police raided a lakeside villa registered to Russian-Uzbek oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday as part of investigations into suspected money-laundering, sources…
Court says Credit Suisse faces $45.5 million claim in money-laundering case
ZURICH – Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering trial due to begin on Feb. 7, the Swiss Federal Criminal…
Owner of three Puyallup tribal smoke shops sentenced to prison for money-laundering scheme to evade state tobacco taxes
Seattle – A 43-year-old owner of three Puyallup tribal smoke shops was sentenced late Friday, December 10, 2021, in U.S. District Court in Seattle to 14 months in prison for a sophisticated…
Revere man gets 57 months for money laundering, cocaine conviction
BOSTON – A Revere man was sentenced in federal court in Boston yesterday for cocaine possession and attempting to launder money to Colombia. Jairo Agudelo, 34, was sentenced by U.S. District Court…
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