Counterparty

Malaysia’s anti-graft agency will freeze approximately USD $115.32 million held in Swiss bank accounts linked to Prince Turki Abdullah Abdul Al-Saud, a co-founder of PetroSaudi International and a figure tied to the long-running 1MDB scandal.

One of the world’s oldest marketplaces is doubling as a modern hub for sanctions evasion and large-scale money laundering, according to experts who spoke to The New York Post.

Spanish authorities have seized property linked to Nikolai Kolesov, the chief executive of state-owned Russian Helicopters, on suspicion of money laundering, according to an anti-corruption group founded by the late Alexei Navalny. 

The United States has imposed sanctions on the Russia-controlled Petroleum Industry of Serbia (NIS), prompting warnings from Serbian President Aleksandar Vučić of “unforeseeable” consequences for the Balkan nation ahead of winter, the Associated Press reported.

A British national pleaded guilty on Tuesday in Brooklyn federal court for his role in a fraud scheme that took nearly $100 million from victims who funded loans to fake wine collectors, Reuters said. 

The U.S. Supreme Court has declined to hear an appeal from Halkbank, leaving the lender to face criminal charges over allegations that it helped Iran evade sanctions and launder billions of dollars through the American financial system.

Illegal gold mining has grown into one of the Western Hemisphere’s largest and fastest‑expanding illicit economies, out‑earning narcotics in parts of Colombia and Peru and pushing conflict‑linked gold toward U.S. ports and banks. 

Jeffrey Epstein remained embedded in Wall Street’s elite financial networks in the years before his 2019 death, maintaining accounts at more than 20 banks and executing large transactions with prominent investment firms, according to new reporting by The Wall Street Journal. 

North Korea’s government-backed IT workers are quietly infiltrating global tech firms and contractor platforms, earning steady crypto salaries that are laundered through a sprawling network of intermediaries to fund the regime’s weapons programs, according to new analysis from Chainalysis.

The U.S. Treasury Department has postponed enforcement of its new residential real-estate reporting rule until March 1, 2026, issuing a temporary exemptive order to give the industry more time to prepare.