Enforcement & Cases
Track enforcement actions, regulatory penalties, court decisions and financial crime cases from around the world. Each article examines what happened, which compliance weaknesses were identified and what practical lessons organisations can take from the case.
-
Five Charged in $1.05 Million U.S. Treasury Check Scheme Involving Money Laundering
Five Houston-area residents have been charged in a 33-count federal indictment over an alleged scheme to obtain and move proceeds from a counterfeit U.S. Treasury…
Read More » -
Mexican National Sentenced to Four Years in Black-Market Peso Exchange Money Laundering Scheme
A Mexican national has been sentenced to four years in federal prison for his role in a two-year, multimillion-dollar trade-based money laundering scheme that moved…
Read More » -
Colombian National Pleads Guilty in Seven-Year Money Laundering Scheme Using Drug Proceeds
A Colombian national has pleaded guilty in the United States to participating in a seven-year money laundering conspiracy that used drug proceeds to purchase consumer…
Read More » -
Chinese Money Launderer Sentenced to 15 Years for Moving More Than $92 Million in Illicit Funds
A Chinese national has been sentenced to 15 years in U.S. federal prison for his role in a Chinese money laundering organisation that moved more…
Read More » -
Singapore to Charge 20 Suspects Over Money Mule Activities Linked to Scam Proceeds
Singapore Police will charge 20 people over suspected scam-related money mule activities, in a case involving the use of bank accounts, cash collection, Singpass credentials…
Read More » -
Ohio Man Pleads Guilty to Laundering $3.4 Million in Health Care Fraud Proceeds
An Ohio man has pleaded guilty to laundering approximately US$3.4 million in health care fraud proceeds through multiple regional banks on behalf of a foreign-based…
Read More » -
FCA Fines and Bans Former Blue Horizon Executives Over Falsified €200 Million Bond Claims
The UK Financial Conduct Authority has fined and banned two former senior executives of Blue Horizon Asset Management after finding that they used false statements…
Read More » -
Cuban National Pleads Guilty in Alien Smuggling and Money Laundering Conspiracy
A Cuban national has pleaded guilty in the United States to alien smuggling, asylum fraud and money laundering charges arising from an international network that…
Read More » -
Malaysian Man to Be Charged in Singapore Over Counterfeit Instruments Linked to Scams
Singapore Police will charge a 23-year-old Malaysian man over his suspected involvement in scams after officers found counterfeit official-looking instruments and fake employee passes during…
Read More » -
Singapore Police Disrupt Unlicensed Moneylending Network, Freeze Bank Accounts and Seize Crypto
The Singapore Police Force has arrested eight men and three women, aged between 18 and 77, over their suspected involvement in an unlicensed moneylending syndicate…
Read More »