The former chief executive officer of Direct Access Partners LLC and a former partner at the brokerage firm were charged in federal court in New York Monday for bribery involving Venezuela’s state bank.
Entries in money laundering (54)
A Colombian national pleaded guilty to a money laundering conspiracy charge in federal court in Orlando, Florida on Monday, federal prosecutors said.
The former president of Guatemala pleaded guilty in federal court in New York Tuesday to taking $2.5 million in bribes from Taiwan in exchange for continuing to recognize the country diplomatically.
Frederic Cilins, 51, a French citizen, pleaded guilty Monday in the Southern District of New York to obstructing a federal criminal investigation into whether a mining company paid bribes to win mining rights in the Republic of Guinea.
The Department of Justice has frozen more than $458 million in corruption proceeds hidden in bank accounts around the world by former Nigerian dictator Sani Abacha and his co-conspirators.
Senator Ronald Calderon of the California State Assembly was indicted last Thursday on two dozen counts of bribery, fraud, money laundering and other charges, and accused of accepting $100,000 in bribes from a hospital owner and undercover FBI agents.
The former co-chief executive officer of oil and gas services company PetroTiger Ltd. pleaded guilty Tuesday for bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.
Financial police in the southern Italian city of Salerno on Tuesday arrested Nunzio Scarano, a Vatican monsignor, for allegedly using his Vatican bank accounts to launder money. Scarano is already on trial for charges of conspiring to smuggle €20 million ($26 million) from Switzerland to Italy aboard a private jet to evade customs and taxes in June.
The Basel Committee on Banking Supervision has issued new guidelines designed to help banks address the risks related to money laundering and financing of terrorism. The same guidelines could also help other types of businesses with their compliance programs.
Two former CEOs of PetroTiger Ltd., a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey, were charged with Foreign Corrupt Practices Act-related offenses, fraud and money laundering. And the company's former general counsel pleaded guilty to bribery and fraud, the DOJ said Monday.