Corruption

A senior White House adviser personally directed the Pentagon to extend a $620 million loan to Vulcan Elements, a North Carolina rare-earth magnet startup partly owned by a venture firm tied to Donald Trump Jr.

A federal court in Brooklyn vacated corruption charges Wednesday against two defendants convicted in the U.S. crackdown on FIFA bribery, after the Trump administration said the cases no longer fit its prosecutorial priorities.

Countries where bribes were paid have become the primary drivers of major cross-border bribery enforcement, according to a new OECD report that documents nearly two decades of coordinated multinational prosecutions.

Local governments in southern Italy that colluded with organized crime deliberately avoided large EU-funded projects to stay below anti-mafia certification thresholds, according to new academic research.

OFAC designated more than a dozen individuals and entities linked to the Sinaloa Cartel, targeting two separate networks accused of fentanyl trafficking and money laundering, including one that allegedly converted bulk U.S. drug cash into cryptocurrency for transfer to cartel leadership in Mexico.

Spain’s National Court has charged former Prime Minister José Luis Rodríguez Zapatero with money laundering, influence peddling, document falsification, and related criminal offenses stemming from the government’s €53-million pandemic-era bailout of Plus Ultra airlines.

Alex Saab, the businessman widely seen as the financial fixer for ousted Venezuelan President Nicolás Maduro, was charged with money laundering in federal court in Miami on Monday.

The president of South America’s soccer federation faces an ethics complaint alleging he took millions of dollars from funds the body recovered after the 2015 global soccer corruption scandal.

Indian conglomerate Adani Enterprises Ltd. has agreed to pay $275 million to settle U.S. allegations that it imported Iranian liquefied petroleum gas through a Dubai-based middleman while routing dollar payments through American banks, OFAC disclosed on Monday.

Polish lawmakers on Friday approved a bill regulating cryptocurrencies as a scandal over the collapse of the country’s biggest crypto exchange widened and questions deepened over whether President Karol Nawrocki, who has twice vetoed similar measures, will sign it into law.