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.
Malaysian ex-Prime Minister Najib Razak was sentenced to 15 years in prison and fined for abuse of power and money laundering related to the 1MDB scandal, a major corruption case involving billions stolen from a state investment fund, with potential political repercussions in Malaysia.
Malaysian ex-Prime Minister Najib Razak was found guilty of abuse of power and money laundering related to the 1MDB scandal, involving the illegal transfer of approximately $543 million, and is currently in prison awaiting sentencing.
FinCEN announced a data-driven operation targeting over 100 U.S. money services businesses along the southwest border to combat potential money laundering, utilizing advanced technology and analyzing over one million financial reports to enforce compliance and enhance national security.
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.
International authorities successfully dismantled three major credit card fraud and money laundering networks affecting over 4.3 million victims across 193 countries, with operations leading to arrests and asset seizures worth over €35 million, highlighting the power of global cooperation against cybercrime.
Operation Chargeback, led by Europol and German authorities, successfully dismantled three major criminal networks involved in credit card fraud affecting over 4.3 million cardholders across 193 countries, with damages exceeding EUR 300 million, through coordinated international law enforcement actions and asset seizures.
The Enforcement Directorate has attached assets worth over Rs 3,000 crore linked to Anil Ambani and his group companies in a money laundering case involving alleged diversion of funds from Reliance Finance companies, including properties across multiple cities, as part of an investigation stemming from a CBI FIR.
The ED has attached properties worth over Rs 3,000 crore linked to Anil Ambani and his Reliance group as part of an investigation into alleged money laundering and diversion of over Rs 20,000 crore, including properties across multiple cities and Ambani's office in Delhi, with further actions expected.
A co-working space in Singapore was used as a front by a crime syndicate to launder money and facilitate online scams involving trafficked migrant workers, according to U.S. prosecutors.
The US authorities seized $15 billion in cryptocurrency from a scheme linked to forced labor camps in Cambodia, led by Chen Zhi of the Prince Group, involving large-scale scams and money laundering, marking the largest forfeiture in DOJ history.
The US imposed sanctions on Iranian financiers and entities across Hong Kong and the UAE for allegedly facilitating over $100 million in cryptocurrency transfers linked to Iranian oil sales, aiming to disrupt Iran's funding of its military and nuclear programs amid ongoing tensions and failed nuclear negotiations.
A New York Times investigation reveals that JPMorgan Chase supported Jeffrey Epstein for years, ignoring red flags and suspicious activity, which facilitated his criminal activities and posed significant reputational risks for the bank.
A former postal inspector in Massachusetts is accused of stealing over $330,000 from elderly victims, using the money for personal expenses including home improvements, cruises, and escorts, and attempting to conceal the theft through various financial maneuvers. He faces multiple charges including fraud, theft, and money laundering.
Two religious leaders, David Taylor and Michelle Brannon, were federally charged with running a forced labor and money laundering scheme through their organization, Kingdom of God Global Church, involving coercion, abuse, and the solicitation of tens of millions of dollars in donations, with victims subjected to physical and psychological abuse. They face serious charges including forced labor and money laundering, with potential sentences of up to 20 years in prison.
