Law Enforcement

Treasury Secretary Scott Bessent on Friday called on banks to serve as partners in the federal government’s effort to combat payroll fraud, labor exploitation, and other financial crimes tied to undocumented workers.

Officials from Ukraine’s National Anti-Corruption Bureau searched the country’s State Financial Monitoring Service as part of an investigation into the agency’s head, Filip Pronin, a suspect in a multimillion-dollar embezzlement scheme.

U.S. prosecutors have charged two men based in the Republic of Georgia with running AudiA6, a cryptocurrency money laundering service alleged to have processed more than $389 million, following a coordinated international takedown of the operation’s infrastructure.

The U.S. Justice Department has sent wide-ranging subpoenas to several of the largest U.S. banks, including JPMorgan Chase and Bank of America, seeking information about whether they improperly closed customer accounts for political reasons.

The U.S. Department of Justice formally asked a federal judge Wednesday to dismiss its criminal case against Halkbank, telling the court it has no intention of prosecuting the Turkish state-run lender.

Hungary’s Integrity Authority has developed an artificial intelligence and machine-learning platform to track Hungary’s financial flows in real time as it works to trace an estimated €160 billion in public funds alleged to have been misappropriated during former Prime Minister Viktor Orbán’s 16 years in power.

French judges have formally charged HSBC Private Bank Suisse with organized money laundering and criminal conspiracy in connection with the alleged embezzlement of $330 million from Lebanon’s central bank by its former governor Riad Salameh.

Danish prosecutors are seeking a 6.6 billion krone ($1 billion) fine against Nordea Bank for a series of anti-money-laundering (AML) failures, in what authorities describe as the largest-ever criminal case ever brought against a bank in Denmark.

Albanian anti-corruption prosecutors have launched a criminal investigation into a proposed $4 billion luxury resort backed by Jared Kushner, President Donald Trump’s son-in-law, and have frozen the bank accounts of a landholding company tied to the project amid widening scrutiny of property transactions at the protected coastal site.

Federal authorities are investigating whether former U.S. Representative George Santos engaged in insider trading by wagering on a prediction market about his own attendance at President Donald Trump’s State of the Union address in February.