|
U.S. and Jersey Return $311.17 of Stolen Abacha Funds to Nigeria |
On May 4, 2020, the United States Department of Justice (DOJ) announced the transfer of $311,797.876.11 to the Nigerian government pursuant to a February 3, 2020 trilateral agreement among the... |
Bruce Zagaris |
36 |
6 |
2020-05-30 |
|
|
|
EU Proposes New Strategy Against Foreign Terrorist Fighters Returnees: Cumulative Prosecutions |
Since, 2016, May 23, 2020 has marked the annual EU Day against Impunity for genocide, crimes against humanity, and war crimes. The Croatian Presidency of the Council of the European Union, the... |
Michael Plachta |
36 |
6 |
2020-05-30 |
|
|
|
U.S. Arrests Former Green Beret and Son on Japanese Extradition Warrant for Helping Carlos Ghosn Escape |
On May 20, 2020, United States authorities detained former Green Beret Michael Taylor, 59, and his son Peter, 26, in Massachusetts on charges that they helped ex-Nissan boss Carlos Ghosn escape... |
Bruce Zagaris |
36 |
6 |
2020-05-30 |
|
|
|
European Commission’s New AML/CFT Action Plan and Decision to Task New EU Agency with EU-Level Supervision |
On May 7, 2020, the European Commission published an ambitious and multifaceted Action Plan, which sets out concrete measures that the Commission will take over the next 12 months to better enforce... |
Michael Plachta |
36 |
6 |
2020-05-30 |
|
|
|
International Organizations Work to Prevent and Prosecute Covid-19 Financial Crimes |
As the frauds and related crimes from Covid-19 occur, international organizations worldwide are providing guidance and assistance to their members to prevent, investigate, and prosecute crimes... |
Bruce Zagaris |
|
|
2020-05-23 |
|
Crimes |
|
World Bank Debars Manufacturing Company for Fraud Involving Water Project |
On April 29, 2020, The World Bank debarred a manufacturing company, Mega-Mebiko JV LLC, for fraud involving the Syrdarya Water Project. Mega-Mebiko JV LLC, located in Tashkent, Uzbekistan, is a... |
Esther Bouquet |
36 |
5 |
2020-05-23 |
|
World Bank |
|
U.K. Extradites Found and CEO of Iranian Financial Services Firm to the U.S. |
On May 18, 2020, the U.S. Department of Justice (DOJ) announced the unsealing of a six-count indictment against Seyed Sajjad Shahidian, 33, Vahid Vali, 33, and PAYMENT24 for engaging in financial... |
Bruce Zagaris |
36 |
5 |
2020-05-23 |
|
Fraud |
|
French Arrest Suspect in Rwandan Atrocities |
On May 16, 2020, French law enforcement authorities arrested Félicien Kabuga, a fugitive for 26 years who was an important figure in the 1994 genocide against the Tutsi in Rwanda. ... |
Bruce Zagaris |
36 |
5 |
2020-05-23 |
|
Arrest |
|
4th Circuit Court of Appeals Permits Emoluments Case against Trump to Continue |
On May 14, 2020, the United States Court of Appeals, sitting en banc, by a 9-6 decision, overturned the decision of a smaller panel of the court, to allow the case to continue... |
Bruce Zagaris |
36 |
5 |
2020-05-23 |
|
|
|
Board of Immigration Denies Alien’s Asylum Request on Basis of Interpol Red Notice |
On March 6, 2020, the Board of Immigration Appeals dismissed an appeal from a decision dated August 16, 2019, when an Immigration Judge denied the respondent’s applications for asylum,... |
Bruce Zagaris |
36 |
5 |
2020-05-23 |
|
Asylum |
|
Eni S.P.A. Charged Again for Violations of the Foreign Corrupt Practices Act |
On April 17, 2020 the Securities and Exchange Commission (SEC) announced that the Italian multinational oil company Eni S.p.A. had agreed to settle charges that it had violated the Foreign Corrupt... |
Miranda Bannister |
36 |
5 |
2020-05-23 |
|
Corruption |
|
FATF Issues Report on COVID-19-related Money Laundering Terrorist Financing Risks and Policy Responses |
On May 4, 2020, the Financial Action Task Force (FATF) published a report on COVID-19-related Money Laundering (ML) Terrorist Financing (TF) Risks and Policy.[1] |
Bruce Zagaris |
36 |
5 |
2020-05-16 |
|
Money Laundering |
|
Registry of UBOs Follows Evolution of Corporate Entities in Panama |
Law 32 of 1927 on Corporations was enacted 93 years ago and has remained without changes; always requiring that all corporate charters list the name of their resident agent as a point of contact... |
Alvaro Aguilar Alfu |
36 |
5 |
2020-05-16 |
|
|
|
EU Publishes AML/CFT Action Plan |
On May 7, 2020, the European Commission issued an Action Plan to provide concrete measures over the next 12 months.[1] It will strengthen its enforcement, supervision, and coordination of the... |
Bruce Zagaris |
36 |
5 |
2020-05-16 |
|
European Union |
|
International Crackdown Leads to the Confiscation of 19,000 Artifacts and 101 Arrests |
On May 6, 2020, INTERPOL announced that more than 19,000 artifacts and other artworks (including a Colombian gold mask, a carved Romanian lion, and thousands of ancient coins) had been recovered... |
Alexandra Haris |
36 |
5 |
2020-05-16 |
|
Europol |
|
U.S. Commerce Department Announces Significant Restrictions on Exports, with an Increased Scrutiny on China, Russia, and Venezuela |
On April 27, 2020, the U.S. Department of Commerce Bureau of Industry and Security (BIS) issued new export control measures devised to enforce further restrictions on exports and technology... |
Cynthia Arrambide |
36 |
5 |
2020-05-16 |
|
Export Enforcement |
|
Germany Considers Hezbollah a Terrorist Organization and Bans its Activities |
On April 30, 2020, the German Federal Minister of the Interior Horst Seehofer banned all activities by the Shiite terrorist organization Hezbollah (in English: Party of God, also transliterated as... |
Michael Platcha |
36 |
5 |
2020-05-09 |
Germany |
Terrorism |
|
Israel’s Largest Bank Agrees to $874 Million Penalty with U.S. over Tax Crimes |
On April 30, 2020, the U.S. government announced the guilty plea of Bank Hapoalim (Switzerland) Ltd. and filing of criminal charges against Bank Hapoalim B.M. for conspiring with U.S. taxpayers and... |
Bruce Zagaris |
36 |
5 |
2020-05-09 |
Switzerland, United States |
Tax Crimes |
|
Bank Hapoalim Settles with DOJ for Over $30 Million for FIFA Money Laundering |
On April 30, 2020, Bank Hapoalim B.M. (BHBM), an Israeli bank with international operations, and its willy owned subsidiary, Hapoalim (Switzerland) Ltd. (BHS), have agreed to forfeit $20,733,322... |
|
|
|
2020-05-09 |
|
Money Laundering |
|
International Organizations Work to Prevent and Prosecute Covid-19 Financial Crimes |
As the frauds and related crimes from Covid-19 occur, international organizations worldwide are providing guidance and assistance to their members to prevent, investigate, and prosecute crimes... |
Bruce Zagaris |
36 |
5 |
2020-05-02 |
|
Fraud |
