Money Laundering

Money Laundering

Feds bust Miami money laundering scheme with ties to ‘Chapo’ Guzmán

Authorities in South Florida have charged 22 people for involvement in an international money laundering scheme that funneled cash to Mexican and Colombian drug cartels through Miami-based businesses. Those charged in the scheme, including the suspected chief money launderer for Joaquín “El Chapo” Guzmán’s ...Read More

Russian money launderers caught with ‘pants down’

Russians feature prominently in the “Panama Papers” — the massive set of documents belonging to a Panamanian-registered law firm that have been leaked, exposing the seamy underbelly of offshore tax havens. This story is based on a radio interview.Listen to the full interview. Many of the ...Read More

Fraud, Theft and Money Laundering Totaled $1.1 Trillion in 2013, Says Report

A new report published by Washington, DC-based Global Financial Integrity (GFI), a research and advisory nonprofit, declared that “illicit financial flows” such as money laundering, theft, fraud or embezzlement, have hit a record US $1.1 trillion in 2013. Researched and written by GFI Chief ...Read More
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