European Arrest Warrant Granted for Tsvetan Vassilev in Money Laundering Case

European Arrest Warrant Granted for Tsvetan Vassilev in Money Laundering Case

The Court of Appeal in Sofia has finally granted permission to the prosecutor’s request for a European Arrest Warrant (EAW) for Tsvetan Vassilev accused of money laundering in our country. Thus, the decision of the first instance was confirmed, reports BTA. According to the magistrates of the second instance, this is the only possible measure … Read more

Stricter Anti-Money Laundering Rules Require Reporting Major Luxury Purchases such as Yachts and Private Jets – EPA Yachts in Monaco Article

Stricter Anti-Money Laundering Rules Require Reporting Major Luxury Purchases such as Yachts and Private Jets – EPA Yachts in Monaco Article

EPA yachts in Monaco NOS Nieuws•vandaag, 06:28 Aida Brands editor Brussels Aida Brands editor Brussels The European Parliament and EU countries reached political agreement last night on stricter anti-money laundering rules. In the future, football clubs must carefully check who their sponsors are and where the money comes from. It will also be better kept … Read more

A court order preventing the founder of Binance from traveling to the Emirates – East Economy with Bloomberg

A court order preventing the founder of Binance from traveling to the Emirates – East Economy with Bloomberg

Fears of Binance founder escaping Zhao, who resigned as CEO of Binance as part of a plea deal, theoretically faces up to 10 years in prison, but is expected to get no more than 18 months in prison. He also agreed to pay a fine of $50 million. Cryptocurrency trading volumes on the US “Binance” … Read more

EU plan to control money laundering in football ignited by Chelsea claims

EU plan to control money laundering in football ignited by Chelsea claims

Lawmakers say allegations of wrongdoing by ex-owner Roman Abramovich lend credence to their crusade against dirty money in sports, though others urge caution Recent revelations about financial malfeasance at Chelsea FC have sparked EU plans to subject football to strict anti-money laundering restrictions. EU negotiators are locked in a battle over whether to include football … Read more

Man’s Account Number Mistakenly Used for Various Transactions – Homelessness Hinders Awareness

Man’s Account Number Mistakenly Used for Various Transactions – Homelessness Hinders Awareness

His account number is mentioned again. He is said to have made all kinds of transactions during that period, such as paying at the supermarket, rent being debited and his girlfriend regularly depositing some money. “Did you not notice that amounts were being deposited each time?” the judge asks. ‘No not at all. I was … Read more

Singapore Uncovers $2.8 Billion Money Laundering Case, Confiscating 152 Properties and 62 Vehicles

Singapore Uncovers $2.8 Billion Money Laundering Case, Confiscating 152 Properties and 62 Vehicles

Jakarta – Government Singapore uncovered one of the biggest money laundering cases in the world. The assets confiscated in this case reached US$ 2.8 billion or Rp. 43.68 trillion (exchange rate Rp. 15,600). Quoted from Straits Times, Thursday (5/10/2023), this case was discovered in 2021 when the authorities saw the possibility of fake documents being … Read more

Largest Money Laundering Case in Singapore: Confiscated Assets Worth Billions

Largest Money Laundering Case in Singapore: Confiscated Assets Worth Billions

CNN Indonesia Tuesday, 03 Oct 2023 21:00 WIB Illustration. Singaporean authorities confiscated assets worth 2.8 billion dollars or the equivalent of IDR 43.6 trillion after uncovering the largest money laundering case in the country’s history. (iStock/Andrzej Rostek) Jakarta, CNN Indonesia — Authority Singapore confiscated assets worth 2.8 billion dollars or the equivalent of IDR 43.6 … Read more

De Volksbank Reprimanded by DNB for Inadequate Anti-Money Laundering Rules

De Volksbank Reprimanded by DNB for Inadequate Anti-Money Laundering Rules

ANP NOS Nieuws•gisteren, 22:54 Ruben Eg editor Economics Ruben Eg editor Economics De Volksbank lacks a clear system that can be used to determine whether account holders are engaged in criminal activities. For example, the state bank does not sufficiently check whether customers misuse crypto coins to launder money. It is also not clear internally … Read more

Colombian President’s Son Arrested on Money Laundering and Illicit Enrichment Charges

Colombian President’s Son Arrested on Money Laundering and Illicit Enrichment Charges

Colombian President Gustavo Petro announced Saturday that his son Nicolás has been arrested on charges of money laundering and illicit enrichment in a scandal related to his election campaign. Colombian police arrested Nicolás Petro, son of Colombian President Gustavo Petro, on Saturday as part of a high-profile investigation into money laundering he allegedly collected during … Read more

Beltrones Family Lawyer Denies Resumption of Money Laundering Investigations

Beltrones Family Lawyer Denies Resumption of Money Laundering Investigations

The family lawyer Beltrones ruled out that Andorran authorities have resumed investigations against Manlius Fabius And your daughter Sylvana for alleged money laundering. The family lawyer sonoransent a letter to the director of the Spanish newspaper published in Mexico who disseminated such information. In the letter, the lawyer demanded the media its right of reply … Read more