Money Laundering

FIE - In this Nov. 13, 2014, file photo, Westpac Chief Executive Brian Hartzer speaks in Sydney about how he will take over as CEO. Hartzer said on Tuesday, Nov. 26, 2019, he will step down following accusations Australia’s second biggest bank committed 23 million breaches of the anti-money laundering and counterterrorism financing laws. (AP Photo/Rick Rycroft, File)
November 26, 2019 - 2:18 am
PERTH, Australia (AP) — The chief executive of Australia’s second biggest bank said Tuesday he plans to resign following accusations Westpac committed 23 million breaches of anti-money laundering and counterterrorism financing laws. The financial crime regulator AUSTRAC is pursuing Westpac in the...
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November 20, 2019 - 4:20 am
PERTH, Australia (AP) — Major Australian bank Westpac is facing a potentially massive fine after being accused of 23 million breaches of the anti-money laundering and counterterrorism financing act. The financial crime regulator AUSTRAC said Wednesday it was pursuing Westpac, one of Australia’s...
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November 19, 2019 - 8:30 am
RIO DE JANEIRO (AP) — Brazilian police are seeking the arrest of Paraguay's ex-President Horacio Cartes as part of an investigation into kickbacks and money laundering. Federal prosecutors said Tuesday that Cartes is among 20 suspects being sought by police in Rio de Janeiro, Sao Paulo and other...
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FILE - This April 4, 2016 file photo shows Maltese investigative journalist Daphne Caruana Galizia, who was killed by a car bomb in Malta on Oct. 16, 2017. Maltese authorities say a man arrested in a money-laundering case claims to have information identifying the mastermind behind the assassination of Daphne Caruana Galizia. (AP Photo/Jon Borg, File)
November 19, 2019 - 5:34 am
VALLETTA, Malta (AP) — Maltese authorities say a man arrested in a money-laundering case claims to have information identifying the mastermind behind the car-bomb assassination of investigative journalist Daphne Caruana Galizia. Prime Minister Joseph Muscat said Tuesday that he signed a letter...
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November 19, 2019 - 3:46 am
BERLIN (AP) — German authorities have conducted raids in five states in connection with money laundering and illegal transfers abroad. German news agency dpa reports that some 850 officers, including tax fraud investigators, raided 63 buildings across the country and in the Netherlands. Some 27...
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Former Malaysian Prime Minister Najib Razak waves as he leaves Kuala Lumpur High Court in Kuala Lumpur, Monday, Nov. 11, 2019. A Malaysian judge on Monday ordered Najib to enter a defense at his first corruption trial linked to the multibillion-dollar looting at the 1MDB state investment fund that helped spur his shocking election ouster last year. (AP Photo/Vincent Thian)
November 11, 2019 - 3:19 am
KUALA LUMPUR, Malaysia (AP) — A Malaysian judge on Monday ordered former Prime Minister Najib Razak to enter a defense at his first corruption trial linked to the multibillion-dollar looting at the 1MDB state investment fund that helped spur his shocking election ouster last year. Defense lawyers...
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November 06, 2019 - 10:06 am
DETROIT (AP) — A retired vice president of the United Auto Workers union on Wednesday became the 13th person to be charged in a federal investigation of alleged corruption at the union and auto companies. Joe Ashton is accused of receiving thousands of dollars in kickbacks from a contractor who...
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November 01, 2019 - 9:25 am
BOSTON (AP) — "Full House" actress Lori Loughlin and her fashion designer husband are contesting the latest charges against them in the college admissions scandal. Lawyers for Loughlin and Mossimo Giannulli filed court documents Friday saying the couple plans to plead not guilty to charges of...
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Chan Tong-kai, left, talks to the media as he is released from prison in Hong Kong Wednesday, Oct. 23, 2019. Chan, who's wanted for killing his girlfriend last year on the self-ruled island, had asked the Hong Kong government for help turning himself in to Taiwan after his sentence for money laundering offenses ends on Wednesday. (AP Photo/Mark Schiefelbein)
October 22, 2019 - 10:34 pm
HONG KONG (AP) — A murder suspect whose case indirectly led to Hong Kong's ongoing protests was freed from prison on Wednesday and told reporters he was willing to surrender to authorities in Taiwan, where he is wanted for the killing of his girlfriend. Chan Tong-kai was released after serving a...
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People looking at a Aston Martin One-77 Coupe (2011) in front of a Ferrari LaFerrari (2015), yellow, and a Bugatti Veyron EB 16.4 Coupe (2010), blue, part of some 25 luxury cars owned by Teodoro Obiang, the son of the Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo are pictured before an auction of sales house Bonhams at the Bonmont Abbey Golf & Country Club in Cheserex near Geneva, Switzerland, Sunday, Sept. 29, 2019. A collection of luxury cars from Equatorial Guinea's vice president Teodorin Obiang Nguema confiscated by the Geneva prosecutor's office after a deal ending a money-laundering inquiry, are auctioned off in Switzerland and are estimated to bring in 18.5 million Swiss francs. (Laurent Gillieron/Keystone via AP)
September 29, 2019 - 7:44 pm
GENEVA (AP) — Car lovers from around the world splashed out more than $27 million at an auction Sunday for dozens of luxury cars seized from the son of Equatorial Guinea's president in a Swiss money-laundering probe. The 25 lots sold by auction house Bonhams included a white-and-cream 2014...
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