Evangelical pastors led by a Texas missionary in Nicaragua were accused of money laundering, in a widespread crackdown on religious groups. By Frances Robles Reporting from Florida As Nicaragua has ...

PORTLAND, Ore. (KOIN) — The owner of a local money transmitter business in the Pacific Northwest is accused of laundering money for international drug traffickers, federal authorities said. Brenda ...

oney laundering is so widespread CPAs are likely to encounter it at some point in their work. It is an essential element of the “underground economy,” which, worldwide, amounts to trillions of dollars ...

Attorney General Merrick Garland speaks during a news conference to announce that TD Bank will pay an approximately $3 billion settlement after authorities say the financial institution's lax ...

What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may ...

Sanctions lawyers knew it was going to be bad before reaching the end of the first page of the charging document. Under the section heading, Overview, the government summarized the facts and ...

Banks' anti-money-laundering controls, or lack thereof, were in the spotlight in 2024, led by a regulatory probe into TD Bank Group that revealed startling negligence and compliance failures. But TD ...

Our reporters went into a notorious refuge for scammers and fraudsters, and emerged with a how-to guide. By Selam Gebrekidan and Joy Dong Selam Gebrekidan and Joy Dong spent months investigating ...

Fiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver. Most modern economies ...

Much of the money the U.S. has dedicated for Ukraine aid is spent in the U.S. on domestic weapons manufacturers and U.S. military and government operations. Direct military support to Ukraine totaled ...

The Council today adopted a package of new anti-money-laundering rules that will protect EU citizens and the EU's financial system against money laundering and the financing of terrorism. The new and ...