Global fines for failing to prevent money laundering and other financial crime surged more than 50 per cent last year, fuelling warnings that such penalties are not curbing the behaviour and ...

A Russian was charged with money laundering through a cryptocurrency exchange that allegedly masked the proceeds of illegal gambling and drug deals valued at more than $700 million, as the U.S ...

Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3m) for what it says are further failures in its anti-money-laundering systems ...

Pune, India, Jan. 16, 2023 (GLOBE NEWSWIRE) -- The global anti-money laundering software market size was valued at USD 1.65 billion in 2021 and USD 1.82 billion in 2022. The market is expected to ...

Jan. 18—SCRANTON — A man from Hazleton was sentenced to federal prison for money laundering and drug trafficking. Joshua Sweet, 32, was sentenced by U.S. District Court Judge Robert D.

The Economic Community of West African States has emphasised the need to partner INTERPOL to fight against money laundering and terrorism financing in West Africa. The ECOWAS Commissioner for ...

The Federal High Court sitting in Abuja, on Thursday, slated April 5 to deliver judgement on the 27-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred ...

The Dubai Financial Services Authority (DFSA) has imposed fines of $14,000 on two companies for lapses related to anti-money laundering (AML) regulations. The two unidentified businesses have been ...

US Deputy Attorney General Lisa Monaco speaks at a press conference to announce the arrest of Anatoly Legkodymov for allegedly running a vast money laundering operation. The US has been among the ...

Per the Department of Justice's announcement, Russian national Anatoly Legkodymov faces charges related to money laundering for a wide variety of criminal activities, including drug trafficking ...