All articles tagged with #moneylaundering
Seven Ukrainian employees of Oschadbank were detained in two armored cash-transport vehicles carrying tens of millions of dollars and euros plus 9 kilograms of gold on suspicion of money laundering. Kyiv denounces the move as hostage-taking and political intimidation, tying it to broader Hungary–Ukraine tensions over Russian oil and the Druzhba pipeline.
Roman Sterlingov, founder of the cryptocurrency mixing service Bitcoin Fog, has been sentenced to 12.5 years in a US prison for laundering $400 million in criminal proceeds. The Washington federal court's decision highlights the US government's commitment to cracking down on illegal activities facilitated by cryptocurrency platforms. Despite the severity of the crime, the sentence is lighter than the 30-year term suggested by prosecutors. Sterlingov has been ordered to forfeit $395 million in assets and over $103 million in Bitcoin.
A Pennsylvania couple's Goldendoodle named Cecil ate $4,000 in cash meant for a new fence. The couple managed to recover $3,550 after monitoring the dog and cleaning up the vomited and excreted bills. They documented the incident on Instagram, which went viral. The remaining $450 may be replaced by the Bureau of Engraving and Printing if they submit a claim. The bank replaced the bills with intact serial numbers, and the couple was never angry at Cecil, acknowledging that "you can't blame a dog for being a dog."
Tampa Bay Rays shortstop Wander Franco has been accused of commercial sexual exploitation of a minor and money laundering in the Dominican Republic. Prosecutors allege he made payments to the minor's mother, who is also facing charges. They have requested that Franco be held on an $86,000 bond and placed under house arrest, with restrictions on leaving the country. Franco has been in jail since failing to appear for a summons and is awaiting a judge's decision on his case. MLB has placed him on administrative leave and is conducting its own investigation, while the Rays have distanced themselves from Franco by removing his likeness from their stadium and promotional materials.
Tampa Bay Rays shortstop Wander Franco has been accused by Dominican prosecutors of commercial sexual exploitation and money laundering in connection with an alleged relationship with a minor. Prosecutors are seeking an $86,000 bond, house arrest, and travel restrictions for Franco, who is currently in jail. Evidence has been submitted to a judge, who will rule on Franco's legal status on Friday. Major League Baseball has placed Franco on administrative leave since August, and the outcome of the MLB's investigation could lead to further discipline.
Tampa Bay Rays shortstop Wander Franco has been accused by Dominican prosecutors of commercial sexual exploitation and money laundering in connection with a relationship with a minor. The prosecutors have requested an $86,000 bond, house arrest, and a travel ban for Franco. Evidence has been presented to a judge who will rule on Franco's legal status on Friday. Franco has been on administrative leave from MLB since August and the league's investigation is ongoing, with no set timeline for its conclusion.