Money laundering plays a key role in every part of the illegal drugs industry—here's how it works
The global illicit drugs trade is estimated to be worth at least half a trillion US dollars each year. Drugs such as cocaine, ...
Maryland woman convicted for insurance fraud, money laundering scheme with her husband
A Maryland woman was convicted for an insurance fraud and money laundering scheme that she carried out with her husband, according to the Maryland U.S. Attorney's Office.
Truthout10d
Trump Administration Moves to Gut Anti-Money Laundering Law
In a Monday statement, Ian Gary, executive director of the Financial Accountability and Corporate Transparency Coalition, ...
India arrests man wanted in the US for crypto-linked money laundering
Police in the Indian state of Kerala arrested a Lithuanian national who is wanted in the US for running Garantex, a ...
California exploiting Medicaid 'loophole' to pay billions for illegal immigrants' healthcare, study says
A new study is accusing California of exploiting a Medicaid funding loophole to funnel billions into healthcare for illegal ...
Shore News Network1d
Maryland Woman Caught in $20 Million Life Insurance Policy Fraud
BALTIMORE— A Maryland woman has been convicted for her role in a $20 million insurance fraud scheme that involved falsifying ...
DeFi user loses over $700K USDC in a sandwich attack that experts suggest could be money laundering
Michael Nadeau, founder of DeFi Research, noted that the pool's liquidity was drained by an MEV bot that front-ran the user's ...
Robinhood Stock Slips on $29.75M in FINRA Fine, Restitution Payments
Robinhood shares slumped Monday morning as markets got their first chance to react to Friday's announcement that the online ...
JD Supra2d
Cryptocurrency Exchange Pleads Guilty To Violating Anti-Money Laundering Laws, Agrees To Pay More Than $500 Million In Penalties And Forfeiture
On Monday, February 24, 2025, the U.S. Attorney’s Office for the Southern District of New York (the “SDNY”), in conjunction with the FBI, ...