Tag: Money Laundering

Pensions August 4, 2021

Texas ERS Hacker Gets 8 Years in Prison

Olumide Morakinyo created unauthorized accounts for participants who hadn’t set them up.

June 3, 2021

Swiss Bank Admits to Laundering over $36 Million in FIFA Bribes

Bank Julius Baer has agreed to pay nearly $80 million in penalties for its role in soccer bribery scheme.

Risk May 5, 2021

FBI Arrests Alleged Operator of Longest-Running Bitcoin Laundering Service

Authorities say Roman Sterlingov ran Bitcoin Fog on the darknet, which laundered an estimated $336 million.

April 30, 2021

Five Charged in Offering Fraud, Stock Manipulation, Ranging from Oil to Pot

Prosecutors say the defendants unwittingly conspired with an undercover agent who was posting as a corrupt stock promoter.

Risk April 7, 2021

North Korean Extradited to US to Face Money Laundering Charges

Mun Chol Myong is the first North Korean to ever face criminal charges in the US.

Risk March 31, 2021

SEC Charges Biotech Co-Founders with $60 Million Fraud

uBiome’s CEO and chief scientific officer were also indicted by a federal grand jury.

Risk March 30, 2021

Financial Firm Head Indicted in Alleged Insider Trading Scheme

Jason Peltz is accused of using insider information and a relationship with a business reporter to reap a profit.

Risk March 12, 2021

McAfee Indicted for Fraud, Money Laundering Conspiracy Crimes

Former software firm founder could spend the rest of his life behind bars if convicted.

Risk March 5, 2021

Cryptocurrency Firm Founder Indicted in Alleged Multimillion Dollar Scam

Kristijan Krstic, aka Felix Logan, allegedly absconded with $7 million of investors’ money.

Risk February 22, 2021

North Korean Hackers Indicted in Cyberattacks, Financial Crimes Conspiracy

Hackers tied to a military intelligence agency allegedly attempted to steal more than $1.3 billion.

Manager Selection October 20, 2020

Software Firm CEO Indicted in $2 Billion Tax Evasion Scheme

Robert Brockman allegedly used a web of offshore entities to hide private equity income from the IRS.

Risk August 21, 2020

Five Charged in Fraud, Money Laundering Related to Cryptocurrency Ponzi Ring

Scammers allegedly used investor funds to buy cars, jewelry, and luxury homes.

Research March 9, 2020

Norway’s Pension Giant Calls for Improved ESG Metrics

$1.07 trillion fund is focusing on climate and money laundering issues.

Newsmakers March 18, 2019

Mubadala Suspends Future Goldman Ventures Due to 1MDB Scandal

Abu Dhabi fund awaits the outcome of lawsuit tied to Malaysian corruption case.

Newsmakers February 1, 2019

CIO Sentenced to 7 Years in Jail for Fraud, Money Laundering

Ian Robert Woodall was found guilty of defrauding a London pension of more than £1 million.

Industry White Papers

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