Work Area: Anti-money laundering

Swiss companies file fraud charges in UK court

Three individuals have been accused in a London court of defrauding a commodities trading business and a financial consultancy in Switzerland.

31 January 2023

Unaoil’s Saman Ahsani to spend a year in prison

The first Unaoil brother to be sentenced called himself “exhibit A” for the benefits of government collaboration during a hearing in a Houston federal court.

30 January 2023

Two more sentenced to prison in PDVSA bribery case

In back-to-back hearings, a Houston federal judge on Wednesday sentenced two oil industry men, Jose Luis De Jongh-Atencio and Roberto Enrique Rincón-Fernández, to prison time for participating in a far-reaching corruption scheme linked to Venezuelan state oil company Petróleos de Venezuela (PDVSA).

26 January 2023

New DOJ policy may lead to more declinations, lawyers say

A December 2022 memo penned by Attorney General Merrick Garland is the latest iteration of what lawyers have described as DOJ leadership’s flip-flopping position on how harsh prosecutors should be in charging decisions.

25 January 2023

Swedish prosecutors may challenge Swedbank ex-CEO’s acquittal

25 January 2023

Former FBI official arrested for violating sanctions on Deripaska

US authorities arrested a retired FBI agent for providing services to sanctioned Russian oligarch Oleg Deripaska in exchange for secret payments.

24 January 2023

European authorities arrest Bitzlato management

23 January 2023

Hawaii woman gets two-year sentence for secretly lobbying Trump in 1MDB scheme

A Hawaiian businesswoman was sentenced to two years in prison, fined $250,000, and ordered to forfeit $3 million for participating in a far-reaching, international scheme to embezzle money from a Malaysian development fund – otherwise known as the 1MDB scandal.

19 January 2023

French prosecutors try to build trust with corporate defendants

Lawyers said France’s latest corporate settlement guidelines reassure companies about the benefits of self-reporting misconduct to prosecutors.

19 January 2023

Halkbank arguments leave Supreme Court grappling with diplomatic implications

Justices weighed whether opening the Turkish bank up to sanctions evasions charges could yield a flood of litigation against foreign countries from ambitious federal, state and local prosecutors.

19 January 2023

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