Tag

Money Laundering

All articles tagged with #money laundering

Taco Seasoning Heist: Florida Man Allegedly Stole Thousands From Target
crime6 hours ago

Taco Seasoning Heist: Florida Man Allegedly Stole Thousands From Target

Keith Wallis, 39, is accused of an organized retail theft scheme at Target stores from Miami to Orlando, stealing 75 trading-card boxes paired with 99-cent taco seasoning packets and paying only for the seasonings at self-checkout. He allegedly sold the stolen cards on eBay, resulting in more than $10,000 in losses to Target and about $40,000 in revenue for Wallis. He faces multiple felonies—organized retail theft (two counts), dealing in stolen property (three counts), and money laundering—with a potential up to 90 years in prison. The investigation involves multiple Florida law-enforcement agencies and prosecutors in the 19th Judicial Circuit.

Orlando crypto CEO’s $328M Ponzi scheme alleged to fund lavish life and real estate
crime-and-public-safety4 days ago

Orlando crypto CEO’s $328M Ponzi scheme alleged to fund lavish life and real estate

The DOJ accuses Christopher Delgado, 34, founder/CEO of Orlando-based Goliath Ventures, of running a $328 million Ponzi scheme from 2023 to 2026 that misused investor funds—only about $1 million went into a crypto liquidity pool while the rest paid earlier investors, financing lavish events and four luxury homes in Windemere, Winter Park, Kissimmee, and Sanford; Delgado was arrested on wire fraud and money-laundering charges and had public ties to charities and local politics.

Former Ukraine energy minister named suspect in money-laundering case after border detention
europe12 days ago

Former Ukraine energy minister named suspect in money-laundering case after border detention

Ukrainian investigators have formally named former energy minister German Galushchenko as a suspect in a money-laundering probe; he was detained while trying to leave Ukraine, with authorities alleging about $12 million in his family accounts linked to a kickback scheme from contractors building fortifications to defend energy infrastructure.

FinCEN Opens Confidential Whistleblower Channel with Rewards for Financial Crimes
business15 days ago

FinCEN Opens Confidential Whistleblower Channel with Rewards for Financial Crimes

FinCEN launched a confidential whistleblower tip portal for fraud, money laundering, and sanctions violations, offering rewards for tips that lead to enforcement. In Minnesota, Treasury announced anti-fraud actions including probing Money Services Businesses, speeding reporting to support prosecutions and recover laundered funds, disrupting fraud rings tied to child nutrition programs, and training law enforcement to use financial data; the IRS will form a dedicated fraud task force to address misuse of 501(c)(3) funds.

Police Crack Down on £3m Illegal TV Piracy Network with 10 Servers Seized
technology26 days ago

Police Crack Down on £3m Illegal TV Piracy Network with 10 Servers Seized

Four people were arrested in a City of London Police-led crackdown across Greater Manchester and Lancashire on a £3m illegal TV streaming network. Ten servers and other equipment worth about £750,000 were seized as investigators say the operation disrupted an organised scheme that generated more than £3m in revenue and involved conspiracy to distribute copyright-infringing content and money laundering; suspects were released under investigation after servers were shut down following the tip from Sky.

German prosecutors raid Deutsche Bank in money-laundering investigation
business1 month ago

German prosecutors raid Deutsche Bank in money-laundering investigation

German authorities, led by the Office of the Federal Prosecutor and the Federal Criminal Police, raided Deutsche Bank’s Frankfurt and Berlin offices as part of a money-laundering probe into past dealings with foreign companies; the investigation names no individuals and provides few details, while Abramovich’s representatives deny any connection. The raids echo a 2018 operation tied to offshore accounts and transfers linked to crime.

U.S. Targets Kenyan Properties in Multi-Billion Dollar Fraud Scandal
corruption2 months ago

U.S. Targets Kenyan Properties in Multi-Billion Dollar Fraud Scandal

Federal prosecutors allege that Gandi Abdi Kediye used a company to launder nearly $1 million in federal child nutrition funds and owns properties that operate as taxpayer-funded group homes in the Twin Cities, with his family involved in managing some of these homes. Despite his indictment for involvement in a large-scale food fraud scheme, the group homes continue to operate and receive millions in state funding, raising concerns about oversight and potential connections to the fraud scheme.

US escalates crackdown on Tren de Aragua with sanctions and $5 million reward
world2 months ago

US escalates crackdown on Tren de Aragua with sanctions and $5 million reward

The U.S. Treasury has sanctioned key affiliates of the Venezuelan terrorist group Tren de Aragua, including entertainment industry figures like 'Rosita' for supporting drug trafficking, money laundering, and other criminal activities, as part of ongoing efforts to combat transnational criminal organizations.