Money Laundering
An ATM machine on Third Avenue is viewed in New York on May 10, 2013, just one of the many that were used as cyber thieves around the world stole $45 million by hacking into debit card companies, scrapping withdrawal limits and helping themselves from cash machines, US authorities said May 9, 2013. The massive heist unfolded 'in a matter of hours,' said the US prosecutor's office for Brooklyn, New York. Prosecutors unveiled charges against eight people accused of forming the New York cell of the plot, which stretched across 26 countries. In their case, they allegedly lifted $2.8 million in cash and now face charges of conspiracy to commit access device fraud and money laundering. Seven of the eight have been arrested, the US attorney's office said. The eighth, Alberto Yusi Lajud-Pena, who was the leader and was nicknamed 'Prime' and 'Albertico,' is reported to have been murdered two weeks ago, the office said.
Connections
Quotes
The Committee looked into the aspect of money laundering and involvement of illegal black money in the IPL. We called the officials of BCCI, Finance Ministry, RBI and tax officials and we came to the conclusion that lots of black money were involved in the IPL
There’s no safeguards that apply to Internet cafes, which leaves this industry open for a multitude of unregulated activity, such as money laundering and other crimes
They [DA] came to the police station to open a charge of corruption and money laundering against the mayor of Tlokwe in PotchefstroomMore quotes »
Newsday's coverage
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Vatican releases 1st report of financial watchdog
by publishing the first annual report from its financial watchdog agency and announcing new regulations to fight money laundering and terror financing.The report from the Financial Intelligence Authority showed the agency received six internal reports on suspicious Read more »
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Officials: Cigarette smuggling ring busted
into possible links between the ring and terrorist groups Hezbollah and Hamas .The defendants, who face charges including money laundering and conspiracy, made so much money that when one of the alleged ringleaders, Basel "Abu Salah" Ramadan, 42, of Ocean Read more »
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Swiss: 1,500 money-laundering cases last year
the money were from Switzerland; the others were from Cyprus, Sri Lanka and the United States.Though the overall number of money-laundering cases was high in 2012, the police said, they were not characterized by any exceptional political circumstances like Read more »
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House painter indicted on charges of stealing artwork
Brooklyn said helped himself to three of his client's high-end artworks and sold at least one for his own profit was indicted on money laundering , identity theft and grand larceny charges, officials said Tuesday.Joselito Vega, 42, of Easton, Pa., is accused Read more »
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'Breaking Bad' brings tourists to Albuquerque
the show were unknown and unimportant: the suburban home of White, played by Bryan Cranston ; a car wash that is a front for a money-laundering operation on the series; a rundown motel used frequently for filming; and the real-life burrito joint, which is Read more »
Around the web
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Prosecutors move to drop criminal case against Mike Ross
case against Maryville developer Mike Ross, who in November had been indicted on charges of mail fraud, wire fraud and money laundering. Assistant U.S. Attorney John MacCoon filed a brief motion in U.S. District Court in Chattanooga, on behalf of U.S. Attorney 12:41 PM from KnoxNews Read more »
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Is the Vatican Bank finally fighting money laundering for real?
XVI established the Financial Intelligence Authority to help bring the bank up to international standards for preventing money laundering and terrorism financing. In September 2012, the Vatican hired Liechtenstein's former top anti-money-laundering expert, 10:41 AM from The Week Read more »
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IPL scandal explodes all over
Directorate has begun laundering probe in IPL spot-fixing case. The ED has also registered criminal case under the prevention of money laundering act. On the basis of secret information, ED team from Ahmadabad and Mumbai conducted searches at 3 places in Mumbai 7:52 AM from TIMES NOW.tv Read more »
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Papua Police probe money laundering in Labora case
account containing to Rp 1.5 trillion belonging to Adj. First Insp. Labora Sitorus. The police were pursuing indications of money laundering from Labora, who had been detained on illegal logging and fuel smuggling charges. The police have questioned 62 witnesses 7:18 AM from The Jakarta Post Read more »
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Boston Church Official Faces Racketeering Charges
him on charges including racketeering, extortion, and wire fraud, and well as conspiracy charges involving racketeering, money laundering and mail fraud. MacKenzie, 54, of Weymouth was the director of operations at the Boston Society of the New Jerusalem Church, 2:08 AM from The Lakeland Ledger Read more »
