Money Laundering

Florida shell companies and virtual office addresses are at the center of an expanding international investigation into at least $260 million in funds tied to Argentina’s top soccer authority.

Binance failed for months to cut ties with a payment-processing vendor despite a series of red flags that pointed to possible sanctions evasion and money laundering involving transfers later linked to Iran.

New details have emerged about the seizure of two armored bank vehicles by Hungarian officials earlier this month, including allegations that the then-detained Ukrainian bank workers were beaten and injected with an unknown substance.

South Africa’s national police commissioner, Fannie Masemola, has been charged in a widening corruption investigation linked to the award of a 360 million rand ($21 million) police health-services contract to a businessman already under scrutiny for tender fraud.

Two Chinese pharmaceutical firms and six Chinese nationals are facing charges after prosecutors said they were part of a drug-trafficking network that provided material support to the Cártel del Golfo (CDG), a Mexican criminal syndicate that was designated as a foreign terrorist organization.

It was a tiny Swiss bank, headquartered in an open-plan office close to Lake Zurich and little known abroad. But MBaer Merchant Bank AG would sometimes charge clients 10 times the normal rate to process payments.

South African authorities have accused captive rhino breeder John Hume of leading one of the largest rhino-horn trafficking syndicates on record and using domestic reporting requirement to conceal his illicit activity.

Britain’s Financial Conduct Authority (FCA) defended its decision to award a short-term artificial intelligence contract to Palantir Technologies on Tuesday, telling lawmakers the U.S. firm would not have access to regulatory intelligence as concerns mounted over sensitive data and the growing reach of major technology providers in government.

Prosecutors in Taiwan have indicted 10 people accused of operating a cross-border money laundering network that used Macau casinos and credit cards to launder more than $1 billion in funds.

A U.S. judge has struck down a Treasury Department rule that required disclosure of the beneficial owners of companies making all-cash real estate purchases, dealing a setback to a Biden-era effort to curb money laundering through the property market.