Many firms bought electoral bonds worth many times more than the profits they made, the Communist Party of India (Marxist) leader said.
Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. The Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC) and the Federal Reserve are probing the bank, The Wall Street Journal (WSJ) reported Thursday […]
The trial of 27 people charged in connection with the Panama Papers money laundering scandal has started in a Panamanian criminal court, the BBC reports. The leak of secret financial documents in 2016 revealed how some of the world’s wealthiest people stashed their assets in offshore companies. The defendants include Jurgen Mossack and Ramon Fonseca …
David Pan, the founder of the Taiwanese crypto exchange ACE, alongside six other suspects, has been charged by prosecutors with fraud and money laundering. According to the official press release, a court ruled the confiscation of Pan’s assets. Related Reading: US Jury Finds Do Kwon, Terraform Labs Liable For Fraud In SEC Trial Crypto Fraud […]
The defendants include the founders of law firm Mossack Fonseca which was shut down in 2018.
PANAMA CITY >> The trial of 27 people charged in connection with the worldwide “Panama Papers” money laundering started Monday in a Panamanian criminal court.
Tigran Gambaryan's wife says she is "beyond heartbroken" at his transfer to a prison in Nigeria's capital.
Data science thrives when advanced computing power is brought to bear on troves of information. In 2024, that’s exactly what’s happening. Blue-chip companies have gone all-in on data gathering. Now they want AI-powered tools to help them make sense of it. Those on Fast Company’s list of Most Innovative Companies in data science are leading this boom, helping multibillion-dollar industries develop tailored, practical ways to leverage their unique data. “Last year, we generated more data than...
According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies. The arrests were made following an investigation into suspicious activities involving “abnormally frequent” and large transactions […]
Data released by the Election Commission showed that Martin’s company purchased Rs 1,368 crore worth of electoral bonds, more than any other firm in India.
A woman from California pleaded guilty in connection with conspiracy to money laundering drug proceeds from a large-scale methamphetamine supplier in the Boston area.
The SEC is investigating why Morgan Stanley did business with clients who had been cut off by digital trading platform E Trade.