Category: Money Laundering

“If you find yourself in an online relationship and you’re asked for a bunch of money, it’s probably fraud not love,” U.S. Attorney Erek L. Barron said. Source

The agency has Source

BOSTON – A Massachusetts man was sentenced in federal court in Boston for distributing over 15 kilograms of cocaine and for laundering or attempting to launder approximately $645,000 in cocaine….

A Milwaukee woman was sentenced to prison as part of a theft and money laundering scheme that took place from December 2019 to December 2020. Source

Technology provider MDI Novare is helping rural banks in the Philippines boost their anti-money laundering measures through a new transaction monitoring system. Source

A Maryland man has been charged with federal money laundering charges after allegedly running an illegal money service business. Source

ED agents further inquired about CoinSwitch’s foreign investments, income and outflows to check on compliance and seized financial documents, the source told the news agency. Source

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CoinSwitch Kuber is 'fully cooperating' with India's Enforcement Directorate, CEO says. Read This Full Report Source

Theft and money laundering are rife in the digital assets world. But bad publicity and liquidation threaten NFTs even more. Source