registered in England and Wales as company number 4919193

NEWSROOM

13 January 2020

Russian billionaire loses [AML-significant] legal case in Helsinki against Nordic banks

13 January 2020

Former head of world athletics body goes on trial in Paris for corruption and money laundering

8 January 2020

Maltese entrepreneur sues opposition MP over money laundering allegations

6 January 2020

Scottish gangster found dead impaled on railings had laundered money for Russian criminals

2 January 2020

UK’s tax agency reveals nine top criminal cases for 2019

27 December 2019

President Obiang of Equatorial Guinea must declare his own assets before his country receives any more IMF money

23 December 2019

Deutsche Bank whistle-blower hits back at Dubai regulator over money laundering suspicion reports

20 December 2019

Latvian authorities fine Swedish bank SEB €1.79 million for AML failings and one sanctions breach

18 December 2019

Finnish authorities fine S-Bank €980,000 for AML failings

16 December 2019

Welshman admits fraud and conspiring to launder nearly £6 million

14 December 2019

Sudanese ex-president Omar al-Bashir found guilty of corruption and money laundering

13 December 2019

Nottinghamshire soicitor jailed for theft and money laundering

12 December 2019

Zamira Hajiyeva attempts to overturn UK UWO

12 December 2019

US imposes financial sanctions on son of Nicaragua’s president for alleged corruption and money laundering

10 December 2019

Algeria jails two former prime ministers for corruption and money laundering

9 December 2019

Two jailed for running online fraud money laundering scheme from Kent corner shop

9 December 2019

Belgian lawyer found guilty in Switzerland of forgery and money laundering

9 December 2019

Syrian president’s uncle goes on trial in France for money laundering

6 December 2019

German authorities fine Deutsche Bank €15 million for AML failings

6 December 2019

Latvian authorities fine Baltic International Bank €1.56 million for AML failings

4 December 2019

Europol announces 228 arrests in global action against money laundering

3 December 2019

Dublin man jailed for seven years for laundering more than €380,000 drug proceeds

28 November 2019

Former president of the Maldives jailed for five years for money laundering

28 November 2019

Leicester man jailed for eight years for running £8.5 million money laundering “empire” from his terraced house

26 November 2019

Westpac bank CEO resigns amid money laundering scandal

24 November 2019

Two Swiss bankers fined for failing to report suspicious transactions

21 November 2019

OneCoin lawyer Mark Scott found guilty in Manhattan of money laundering after being paid US$50 million to move $400 million fraud proceeds

21 November 2019

European Central Bank flags AML failings at Maltese Bank of Valletta

18 November 2019

European Central Bank revokes licence of Anglo Austrian AAB Bank (formerly Meinl Bank) over AML concerns

18 November 2019

Rene Bruelhart’s contract as head of the Vatican’s FIU is not renewed

18 November 2019

American AML expert charged in Manhattan with laundering Venezuelan drug money

14 November 2019

Brother of missing “cryptoqueen” admits OneCoin fraud and money laundering

13 November 2019

Canning Town nightclub shut down on suspicion of fraud and money laundering

12 November 2019

Twenty-one officials of Bangladeshi co-operative company each jailed for ten years for money laundering

11 November 2019

Hong Kong man jailed in Australia for laundering money through sham meat and seafood exporting business

8 November 2019

Drug trafficker pleads guilty to laundering US$19 million through Bitcoin and Silk Road

7 November 2019

Developer of “doomsday village” in Texas jailed for drug money laundering

4 November 2019

NCA recovers £8.1 million property portfolio after proceeds of crime investigation

30 October 2019

Trades in online game Counter-Strike found to be “nearly all” money laundering

30 October 2019

Kent man jailed for four years for money laundering

29 October 2019

Whistleblower sues accountancy firm EY over Dubai money laundering scandal

28 October 2019

Major accountancy firm EY implicated in drug money laundering investigation

28 October 2019

OFSI announces £146,341 penalty against network company for breaches of Syrian sanctions

24 October 2019

US regulator FINRA fines BNP Paribas US$15 million for AML failings

24 October 2019

Money laundering targeting UK “prestige services” such as private schools and interior designers

18 October 2019

Three London letting agents given prison sentences for money laundering following £50,000 fraud

17 October 2019

UBS pays more than €10 million to settle Italian money laundering probe

16 October 2019

Leicester man found guilty of laundering £11 million through his small business and legitimate bureaux de change

15 October 2019

Former Morgan Stanley banker jailed in Switzerland for Greek money laundering

14 October 2019

New Zealand money transmitter fined NZ$4 million for AML failings

11 October 2019

Online gambling operator Betfred fined £322,000 for AML failings

2 October 2019

Five Vatican employees suspended during investigation into “financial irregularities” involving expensive properties in London

2 October 2019

Manchester court gives 6½ year jail sentence to fugitive Pakistani money launderer

2 October 2019

Yorkshireman jailed for six years for money laundering after £850,000 cash found hidden in his van at the Channel Tunnel

1 October 2019

Newcastle fashion designer jailed for tax fraud and money laundering

1 October 2019

Swedbank executives fired during money laundering investigation

30 September 2019

Money launderers jailed for role in £1 million ‘rare earth’ metal fraud

30 September 2019

San Diego dark web vendors plead guilty to cryptocurrency money laundering

29 September 2019

Swiss auction off supercar collection of Teddy Obiang (money laundering Equatorial Guinean PEP)

28 September 2019

Guyanese private jet pilot jailed for thirteen years for drug trafficking and money laundering

27 September 2019

Lancashire milkman given suspended prison sentence for money laundering

26 September 2019

ABN Amro hit by Dutch money laundering investigation

25 September 2019

Former head of Danske Bank in Estonia found dead

21 September 2019

Indian Enforcement Directorate confiscates chimpanzees and marmosets in money laundering investigation

18 September 2019

Latvian regulator fines PrivatBank €1 million for AML failings

13 September 2019

Money laundering couple ordered to pay £10 million over Reading HBOS fraud

12 September 2019

San Marino seizes €19 million from bank accounts of president of the Republic of Congo and his close associates after money laundering investigation

12 September 2019

UK government publishes economic crime plan for the next three years

9 September 2019

VAT fraud gang members jailed for £34 million theft and money laundering

6 September 2019

Ex-Goldman Sachs banker convicted in 2013 of money laundering now ordered by London court to pay £7.3 million

4 September 2019

London money transmitter fined £7.8 million for AML failings

3 September 2019

UK’s NCA recovers £472,740 from convicted money launderer who claimed he had won the Pakistan lottery 123 times

3 September 2019

Fugitive London businessman Richard Baldwin sentenced to five years and eight months for money laundering

28 August 2019

Malaysian ex-PM goes on trial again for money laundering related to 1MDB scandal

27 August 2019

Thai court upholds money laundering convictions for Dutch man (who made money from coffee shops in the Netherlands) and Thai wife

23 August 2019

Qatari bank under investigation by UK FCA for terrorist financing links

21 August 2019

Student money mule laundered money defrauded from flood victim

20 August 2019

Rabobank decides to stop taking on professional football club clients because of “unacceptable risks of money laundering, corruption, fraud and other abuses”

16 August 2019

TalkTalk hacker sentenced for computer miusue offences and money laundering involving crypocurrencies

14 August 2019

UK’s NCA granted largest-ever AFOs under CFA

10 August 2019

Pope approves new statutes for Vatican Bank

5 August 2019

Tanzanian investigative journalist charged with organised crime, tax offences and money laundering

1 August 2019

Former psychic jailed for seven years in Ireland for laundering €1.6 million proceeds of fraud

31 July 2019

Ladbrokes Coral fined £5.9 million for social responsibility and AML failings

31 July 2019

Sussex criminal jailed for laundering proceeds from the sale of black-market medicines

26 July 2019

UK gang jailed for laundering £1 million in cocaine and ketamine cash

25 July 2019

Georgian bank chairman and deputy resign after being charged with money laundering

21 July 2019

Robert Morgenthau, ground-breaking white collar crime DA in New York [and my legal hero], dies aged 99

21 July 2019

HMRC call centre worker sentenced for tax fraud and money laundering

18 July 2019

UK’s NCA obtains serious organised crime UWO for property worth £10 million

17 July 2019

US judges sentences Mexican drug kingpin El Chapo to life in prison plus thirty years for drug offences and money laundering

15 July 2019

Texas oilman jailed for eighteen years for laundering the proceeds of investment fraud

15 July 2019

Latvian bank fined one million euros for AML failings

12 July 2019

UK launches new Economic Crime Plan, including investment by major banks in improving the SARs regime

10 July 2019

Pimping and money laundering network involving eleven EU countries and four others dismantled with Eurojust’s support

9 July 2019

UK Charity Commission announces investigation into eight charities suspected of being used for money laundering

9 July 2019

UK’s Financial Conduct Authority publishes its “AML Annual Report 2018/19”

9 July 2019

Tunisian presidential candidate charged with money laundering

7 July 2019

Maltese regulator fines Satabank €3 million for AML failings

5 July 2019

West Midlands gang of eight jailed for modern slavery offences and money laundering

5 July 2019

Man jailed in London for online sale of counterfeit medication and money laundering through Jewish charity accounts

5 July 2019

French anti-semitic comedian sentenced for tax evasion and money laundering

4 July 2019

Producer of “The Wolf of Wall Street” arrested on charges of money laundering

2 July 2019

Santander fined 9 million krone [about £838,000] in Norway for AML failings

2 July 2019

Ellesmere Port “gangster’s moll” sentenced for laundering proceeds of drug trafficking

1 July 2019

Fugitive convicted in London of laundering £10 million fraud proceeds through Jewish charities

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ANTI-MONEY LAUNDERING TRAINING AND ADVICE

News archive

Part of the work of Thinking about Crime Limited is keeping up with developments and changes in legislation, regulation and guidance in the global world of money laundering. This page highlights money laundering (and connected) stories, issues and developments that may be of concern to you. Please note that the news on this page is for information only: you should seek your own legal and compliance advice before taking action based on anything you read on this page.

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