Newsmakers
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’
Tag: Money Laundering
Newsmakers
International Fraud Ring Member Convicted in Scheme Targeting Hedge Fund
Mustapha Raji is found guilty of siphoning $1.7 million from a New York City hedge fund.
Regulation
NFT Marketplace Worker Charged With Wire Fraud and Money Laundering
Nathaniel Chastain was arrested for what the Justice Department calls the ‘first ever digital asset insider trading scheme.’
Regulation
Crypto Companies Charged in $44 Million Ponzi Scheme
The owners of EmpowerCoin, ECoinPlus and Jet-Coin face charges of wire fraud, money laundering and obstruction of justice, among others.
Regulation
Founders of Crypto Exchange Plead Guilty to Violating Bank Secrecy Act
Justice Department says BitMEX was essentially a money-laundering platform.
Pensions
Texas ERS Hacker Gets 8 Years in Prison
Olumide Morakinyo created unauthorized accounts for participants who hadn’t set them up.
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
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.
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
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
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
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
McAfee Indicted for Fraud, Money Laundering Conspiracy Crimes
Former software firm founder could spend the rest of his life behind bars if convicted.
Risk
Cryptocurrency Firm Founder Indicted in Alleged Multimillion Dollar Scam
Kristijan Krstic, aka Felix Logan, allegedly absconded with $7 million of investors’ money.
Risk
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.