News

Claudia Díaz scheme set up by predecessor, former Venezuela treasurer testifies

Díaz’s predecessor, who spent 3 years in prison for a similar bribery scheme, told a Florida federal jury how Venezuela's treasury gave benefits to brokerage houses who participated in a currency exchange scheme that yielded government officials millions in bribe payments.

30 November 2022

DOJ, SEC officials build out expectations on company ephemeral messaging rules

Justice Department and SEC officials want companies under investigation to present the rules they have in place for employees’ usage of such messaging platforms.

30 November 2022

US Democrats introduce DOJ corporate crime database bill

The legislation’s sponsors sent a letter to US attorney general in October urging him to create the database

30 November 2022

Austrac launches civil penalty proceedings against Star Entertainment

Australia’s financial watchdog has investigated the casino operator since June 2021 and identified “a multitude of issues” with Star Entertainment’s AML compliance.

30 November 2022

Lisa Osofsky: non-cooperating companies won’t get DPAs

The head of the UK’s anti-fraud office said at a conference in New York that the agency considers prosecution as the only option for companies that fail to engage during an investigation, singling out Petrofac and GPT as recent examples.

29 November 2022

A look back at the GIR Awards 2022

View the photos of GIR’s 8th annual awards ceremony, held at the Four Seasons in Washington, DC on 17 November in aid of the Swawou School for girls in Kenema, Sierra Leone.

29 November 2022

OFAC fines Kraken $360k over Iran sanctions violations

In its second action targeted at a cryptocurrency exchange this year, OFAC highlighted that virtual currency companies must invest in sanctions controls that monitor account activity throughout their lifespan.

29 November 2022

Former Venezuelan treasurer’s bribery trial kicks off

A jury heard opening statements in the DOJ's bribery case against Claudia Patricia Díaz Guillén, who served under former president Hugo Chávez’s administration.

29 November 2022

NCA secures first-of-its-kind ruling to recover suspect funds

A court in London has ruled that Barclays must hand over £50 million the lender identified as potential crime-linked funds to the National Crime Agency.

28 November 2022

Former US enforcement heads to lead FTX internal investigation

Former enforcement directors at the Securities and Exchange Commission and the Commodity Futures Trading Commission have been hired to lead an internal investigation into the collapse of cryptocurrency exchange FTX.

28 November 2022

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