A former executive at MoviePass was charged with wire fraud and money laundering for allegedly taking money to pay for a party at Coachella. Khalid Itum was arrested by the Federal Bureau of Investigation (FBI) on Tuesday (Feb. 21) on a federal grand jury indictment...
Africa’s richest woman, Isabel dos Santos, is facing money laundering and mismanagement charges, while a banker implicated in the case — Nuno Ribeiro da Cunha, 45 — was found dead in his Lisbon apartment, according to multiple media reports on Thursday (Jan. 23). Leaked documents...
A lawyer on Monday (Dec. 9) was convicted in Swiss court of laundering money and forgery for stealing shares from Belgium’s richest family, according to a report by Reuters. The lawyer, who was not identified in keeping with Switzerland law, stole shares worth upward of...
Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse. In some cases, the direct deposits appeared briefly in employee bank accounts before being abruptly pulled — as...
September 16, 2019
Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse. In some cases, the direct deposits appeared briefly in employee bank accounts before being abruptly pulled — as many as three times as the platform responsible for making […]
March 16, 2023
Lebanon central bank Governor Riad Salameh has made his first court appearance facing international charges. Five European countries are investigating the Banque du Liban governor and his brother, Raja Salameh, regarding allegations of money laundering and embezzlement of public funds involving hundreds of millions of dollars, the Financial Times (FT) reported Thursday (March 16). Riad […]
February 24, 2023
A former executive at MoviePass was charged with wire fraud and money laundering for allegedly taking money to pay for a party at Coachella. Khalid Itum was arrested by the...
January 23, 2020
Africa’s richest woman, Isabel dos Santos, is facing money laundering and mismanagement charges, while a banker implicated in the case — Nuno Ribeiro da Cunha, 45 — was found dead...
December 09, 2019
A lawyer on Monday (Dec. 9) was convicted in Swiss court of laundering money and forgery for stealing shares from Belgium’s richest family, according to a report by Reuters. The...
