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.
Tag: Money Laundering
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.
Manager Selection
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
Five Charged in Fraud, Money Laundering Related to Cryptocurrency Ponzi Ring
Scammers allegedly used investor funds to buy cars, jewelry, and luxury homes.
Research
Norway’s Pension Giant Calls for Improved ESG Metrics
$1.07 trillion fund is focusing on climate and money laundering issues.
Newsmakers
Mubadala Suspends Future Goldman Ventures Due to 1MDB Scandal
Abu Dhabi fund awaits the outcome of lawsuit tied to Malaysian corruption case.
Newsmakers
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.
MP Pension Head Wants Danske Bank CEO Gone ASAP
Jens Munch Holst says resigning exec Borgen should not remain at bank until a new chief is found due to money-laundering scandal.
Newsmakers
Denmark’s MP Pension Stops All Danske Bank Trading
Fund says the bank’s developing money laundering scandal violates its responsible investing policy.