All news on the topic: Money laundering

Investigation into country’s largest cocaine bust reveals cash in home of former head of anti-money laundering

At the end of September, two events occurred concerning Oktobank that will have far-reaching consequences.

For the first time, a US bank has admitted to helping criminal networks in Colombia launder hundreds of millions of dollars in dirty money, highlighting the fruits of a renewed push to target those aiding the region’s money launderers.

The Serious Fraud Office is investigating the construction of a hotel and conference centre owned by one of the UK’s biggest trade unions, the BBC can reveal.

As discussions about the misappropriation of funds from Probusinessbank resurface, The Insider offers an analysis of the key events, drawing on numerous previously unpublished interviews with Zheleznyak and Leontiev conducted by the author four years ago.

Su Weiyi faces charges of theft in Hong Kong in relation to the 2022 collapse of the cryptocurrency platform Atom Asset Exchange.

Italian authorities have arrested four people in Palermo. They are accused of being involved with the mafia, extortion, money laundering, and making fake deals with assets.

Under the guise of investing in real estate in Europe and the UAE, the St. Petersburg construction company "Kronung" and its owners Ignatiy Nayda and Philipp Shrage channel funds from private and state Russian banks abroad.

A system set up to channel dollars from Iraqi oil sales to importers has been exploited by money launderers and militant groups for years. An OCCRP investigation shows how the fraud works in practice.

A new investigation has uncovered the chains of money withdrawal through Uzbek and Russian partners of Octobank.

Russian oligarchs are laundering money through the fintech company Dzing, which is linked to Putin’s “wallet” Arkadiy Rotenberg and has been caught in fraud.

Denys Horbunenko, the former chairman of the board of the notorious Rodovid Bank, is linked to the fintech company Dzing, which was recently subject to restrictions by the UK authorities over suspected fraud.

Octobank is an Uzbek bank which name has recently surfaced in a number of scandals related to the withdrawal of Russian capital from sanctions.

So, the brother of the head of the National Security Committee of Kyrgyzstan Kamchybek Tashiev, Shaiyrbek Tashiev, lost 1,300,000 dollars in the Batumi casino "Mandarin".

Although the owner of the Uzbek Octobank is formally listed as the bank’s chairman of the board, Iskandar Tursunov, who owns 99.16% of the shares, in fact, the beneficiaries of Octobank are the family of the country’s current president, Shavkat Mirziyoyev.

As a number of Telegram channels recently reported, the Uzbek Octobank is used to withdraw and legalize money from Russia.

Over more than a decade, the founder and CEO of the messaging app Telegram has amassed various different citizenships, something that’s only added to the mystery surrounding his detention in France.

Sarajevo-native Edin “Tito” Gacanin registered the companies in the secrecy havens as he continued to ship cocaine globally, despite being convicted by Dutch courts for narcotics trafficking.

Paraguayan police killed a parliamentarian in a violent region of the country during a shootout that erupted in an overnight raid on his house where officers and prosecutors had arrived to search for evidence of his involvement in drug trafficking and money laundering.

Police in São Paulo have frozen bank accounts holding over a billion dollars in an anti-money laundering operation that highlights the growing use of cryptocurrency by Brazil’s most powerful prison gang...

FCA-regulated payment institution Connectum was a notorious scam facilitator and money launderer for the fraudulent Israeli broker scene. It processed payments for the cybercrime organization of the convicted Israeli Gal Barak.

Singapore charged two bankers Thursday for their alleged role in abetting clients responsible for a US$2.2 billion money laundering ring, marking the first time that criminal charges have been laid against finance professionals since the scandal came to light.

The United Arab Emirates suspended this week operations in 32 of its gold refineries after inspections revealed that its gold sector had committed hundreds of anti-money laundering violations.