Region: United States of America

Regulator fines former Rabobank US executive for obstruction

A US financial regulator has fined the former CEO of Dutch lender Rabobank’s California arm $20,000 for refusing to hand over documents during an audit of the bank’s anti-money laundering procedures.

19 August 2022

Citi fined over UK market abuse detection breaches

19 August 2022

Defendant in Tuna Bonds case spared prison time

A Brooklyn federal judge sentenced ex-Credit Suisse executive Detelina Subeva to time served for accepting $200,000 in illicit funds from her boss. A source close to the matter told GIR that Subeva did not spend any time in custody after she was arrested and processed by the FBI.

15 August 2022

Dutch authorities arrest suspected Tornado Cash developer

The arrest of the unnamed individual comes two days after the US placed Tornado Cash on its list of sanctioned entities.

12 August 2022

US obtains warrant for oligarch’s $90 million Airbus

A US federal judge has signed off on a request to seize a $90 million aeroplane owned by sanctioned Russian oligarch Andrei Skoch.

12 August 2022

Counsel Watch: The lawyers for Robinhood Crypto, JPMorgan and more

In the latest roundup, GIR looks at the lawyers who represented Robinhood Crypto before New York’s top financial regulator and those drafted in for recent settlements with financial crime prosecutors in France.

09 August 2022

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

Former Deutsche Bank trader’s conviction overturned

A New York federal judge vacated the guilty plea of a former Deutsche Bank trader who allegedly conspired to manipulate the Libor interest benchmark after his alleged co-conspirators had their convictions overturned by an appeals court earlier this year.

08 August 2022

Former DOJ attorney Brian Fleming joins Steptoe

Fleming left Miller & Chevalier after five years and started at Steptoe on 1 August to work with the firm’s national security, trade controls and CFIUS practice.

05 August 2022

FCPA Docket: Chemical business Albemarle in FCPA settlement talks with DOJ

A North Carolina chemicals business said it was in settlement talks with the DOJ and the SEC over possible FCPA violations; A federal appeals court stayed a Houston judge’s order to dismiss a Venezuelan bribery case over jurisdictional issues.

04 August 2022

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