Topic: Money laundering

District Judge Pamela Chen said Hernán López and Full Play Group can’t be convicted under the honest services wire fraud statute following a ruling by the Supreme Court. The decision could spur further motions for acquittal.

05 September 2023

Fugees rapper Pras Michel hired a Washington, DC law firm to represent him following his conviction last spring; the DOJ said an adoption provider can pay for foreign officials to travel to the US; a witness in a trial of former Malaysia prime minister Najib Razak detailed how he got paid in the 1MDB scandal.

31 August 2023

Prosecutors say Gary Oztemel conspired with his brother and a Brazil-based fixer to bribe Petrobras officials and launder proceeds of the scheme.

30 August 2023

The drawing was allegedly purchased at an auction by former 1MDB general counsel Jasmine Loo, who was arrested by Malaysian authorities in July.

29 August 2023

French prosecutors secured the conviction of the banker at the centre of the Guinea corruption scandal on tax evasion charges.

29 August 2023

The men are accused of allowing North Korea’s Lazarus Group to launder some $455 million through their cryptocurrency mixing service. A lawyer for one of the defendants claims he was charged “because he helped develop software”.

24 August 2023

11 August 2023

Germany’s financial regulator has ordered Hamburg-based bank Varengold to stop processing certain transactions until its anti-money laundering systems meet legal requirements.

04 August 2023

In the latest counsel watch, Brazilian state oil company Petrobras has hired lawyers for proceedings in Switzerland linked to Operation Car Wash, and former US attorney general Loretta Lynch has a new mandate for a major university.

04 August 2023

01 August 2023