registered in England and Wales as company number 4919193

NEWSROOM

13 December 2018

South African former president Jacob Zuma ordered to repay state legal aid provided for him to fight charges of corruption and money laundering

10 December 2018

Gibraltar fines digital payment company WaveCrest £250,000 for AML failings, and CEO resigns

10 December 2018

Former Birmingham City FC owner Carson Yeung ordered by Hong Kong court to repay HK$338 million of laundered funds or serve a further decade in jail

10 December 2018

UK government unveils new AML measures for Scottish limited partnerships

10 December 2018

Kuwaiti police investigating social media influencers on suspicion of money laundering

7 December 2018

FATF publishes its mutual evaluation of the UK’s AML regime

7 December 2018

Lebanese businessman suspected of funding Hezbollah jailed in the US for money laundering

6 December 2018

UK investor “golden visa” scheme suspended in money laundering crackdown

5 December 2018

Chinese fraudster jailed for seven years in the UK for laundering £8.5 million

4 December 2018

Latvian organised crime group jailed in Scotland for fraud and money laundering

30 November 2018

Two men given jail sentences in Bristol for money laundering £400,000 through precious metals

29 November 2018

Deutsche Bank headquarters raided during money laundering investigation

29 November 2018

Former owner of Dominican Republic bank jailed in the US for money laundering

29 November 2018

Three online casinos fined by UK Gambling Commission for AML failings

28 November 2018

Danish prosecutor files money laundering charges against Danske Bank

27 November 2018

Venezuelan ex-treasurer jailed for ten years in the US for money laundering US$1 billion given as bribes

27 November 2018

Sweden fines Casino Cosmopol SEK 8 million for AML failings

26 November 2018

Moldovan cash courier jailed in the UK for money laundering £776,045

26 November 2018

New York woman pleads guilty to laundering stolen money to support terrorism

23 November 2018

Two Manchester prison officers jailed for theft and money laundering

23 November 2018

Malaysian air steward jailed in the UK for money laundering

22 November 2018

Man jailed in Isle of Man for money laundering attempt involving France, Isle of Man and China

21 November 2018

Essex reality TV actor given suspended sentence for money laundering proceeds of diamond investment fraud

20 November 2018

Essex man jailed for six years for £3.8 million fraud and money laundering

19 November 2018

Société Générale fined US$1.34 billion by US regulators for sanctions failings, and a further $95 million for AML failings

16 November 2018

Swiss white collar crime investigator sacked despite being cleared of involvement in FIFA corruption

16 November 2018

Canadian realtor jailed for two years for money laundering

16 November 2018

San Francisco university and executives charged with involvement in US$35 million money laundering scheme

16 November 2018

Sark campsite website hacked and money stolen

16 November 2018

Chinese money laundering ring smashed in Australia

14 November 2018

Four men found guilty in Edinburgh of people smuggling and money laundering

13 November 2018

Danish chef fined for taking large cash payment in contravention of AML obligations

13 November 2018

Two Sussex students sentenced for money laundering

12 November 2018

Sixth Money Laundering Directive published in Official Journal and given transposition deadline of 3 December 2020

11 November 2018

Two sentenced to death in Iran for financial crime (“spreading corruption on earth”)

9 November 2018

Switzerland suspends head of white collar crime unit ahead of probe into his investigation of FIFA corruption

9 November 2018

South African Reserve Bank fines HSBC 15 million rand for AML failings

8 November 2018

EU takes legal action against Malta and Luxembourg for AML failings

5 November 2018

ECB revokes licence of Malta’s Pilatus Bank over fraud and money laundering concerns

5 November 2018

UK launches its National Economic Crime Centre

3 November 2018

Footballer Lionel Messi and father charged in Argentina with money laundering

1 November 2018

UK government publishes its Serious and Organised Crime Strategy 2018

31 October 2018

Former finance chief of Venezuelan state oil company pleads guilty in Miami to laundering US$5 million

31 October 2018

Kent driveway installer jailed for 38 months for fraud and money laundering

30 October 2018

UK football “club or clubs” under investigation for money laundering

29 October 2018

Two Nigerian oil executives jailed in the UK for fraud and money laundering of US$45 million

29 October 2018

Former Swiss banker jailed for ten years in Miami for laundering US$1.2 billion of Venezuelan public money

26 October 2018

Singapore trader denies laundering millions for North Korea

24 October 2018

Former Greek Cabinet minister remanded on charges of money laundering

23 October 2018

Capital One fined US$100 million by the OCC for AML failings

19 October 2018

Latvian banking supervisor fines LPB Bank 2.2 million euros for AML failings

19 October 2018

London man who used social media to recruit teenage “money mules” jailed for money laundering

19 October 2018

Russians cleared in Spain of money laundering charges despite their “strange, uneconomic or unconventional” business activities

19 October 2018

Malaysian ex-Deputy PM charged with corruption and money laundering

18 October 2018

Scottish solicitor struck off after committing AML failings and fleeing the country

16 October 2018

“Dead” man arrested in France on suspicion of corruption, fraud and money laundering

16 October 2018

Online casino Paddy Power Betfair fined £2.2 million for faiing to stop money laundering and problem gambling

16 October 2018

Malaysian woman loses £220,000 to fraudsters pretending to investigate her for money laundering

14 October 2018

International money laundering syndicate exposed in Kenya

11 October 2018

EU adopts Sixth Money Laundering Directive

10 October 2018

UK barrister wins right to see SAR made about him by his bank

10 October 2018

New York regulator fines Dubai-based Mashreqbank US$40 million for AML failings

10 October 2018

Panthongtae Shinawatra (son of Thai former-PM Thaksin) charged with money laundering

10 October 2018

Keiko Fujimori (daughter of Alberto) detained in Peru in connection with money laundering investigation

10 October 2018

Identity of the subject of the UK’s first UWOs is revealed: an Azerbaijani PEP

8 October 2018

Swiss bank UBS and six executives go on trial in France on charges of tax fraud and money laundering

6 October 2018

Guyanese private jet pilot found guilty of cocaine trafficking and money laundering

5 October 2018

South Korean ex-president Lee Myung-bak jailed for fifteen years for corruption

5 October 2018

London man jailed for money laundering after £1.5 million cash seizure at Stansted Airport

4 October 2018

London HSBC worker jailed after giving confidential customer details to criminals

4 October 2018

Wife of Malaysian ex-PM charged with money laundering

3 October 2018

Chinese actress fined £98.9 million for tax evasion

3 October 2018

Challenge to UK’s first Unexplained Wealth Orders dismissed in full

2 October 2018

The New York Times claims that Donald Trump “engaged in suspect tax schemes”

30 September 2018

Iran sentences three to death for “spreading corruption on earth”

28 September 2018

Liberian court issues arrest warrants for central bank officials over missing cash

28 September 2018

Grenfell fund fraudster jailed for theft and money laundering

27 September 2018

Pakistani man deported from US after serving sentence for money laundering

25 September 2018

London woman given two-year suspended jail sentence for laundering the proceeds of her Anglo-Russian brother’s bribe-taking

25 September 2018

Fraudsters steal £500 million from UK banking customers in six months

21 September 2018

Four men jailed for involvement with “industrial scale forgery factory” in London

20 September 2018

Malaysian ex-PM charged with twenty-one counts of money laundering

19 September 2018

Danske Bank CEO Thomas Borgen resigns over Estonian money laundering scandal

18 September 2018

British Home Secretary announces AML and anti-corruption partnership with Pakistan

17 September 2018

Pakistani former PEP and wife arrested in UK on suspicion of money laundering

15 September 2018

UK frustrated by Cayman Islands silence on money laundering

13 September 2018

Salvadorean ex-president Antonio Saca jailed for ten years for embezzlement and money laundering

13 September 2018

Venezuelan ex-officials charged in Andorra with money laundering

13 September 2018

Lawyer of Malaysian ex-PM charged with money laundering

7 September 2018

Thai motorcycle racer “Benz Racing” jailed for eight years for laundering money for drug kingpin

4 September 2018

Dutch bank ING fined 775 million euros for lax crime prevention

3 September 2018

Finnish teen convicted of defrauding online casino, and parents convicted of laundering the proceeds

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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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