The irony is that Australia is closing the very loopholes the U.S. continues to defend. Even worse, Washington isn’t just ...

FATF, in a recent report, has appreciated efforts on the part of Enforcement Directorate in tracking economic offenders who ...

The Enforcement Directorate (ED) has come in for praise by the global terror financing watchdog Financial Action Task Force (FATF) for its diligent and efficient handling of money laundering cases and ...

On 12 March 2025, the Lilongwe Magistrate’s Court gave the green light to the Bushiris’ extradition to South Africa to face fraud and money laundering charges involving R102 million. However, the ...

South Africa has tightened Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations since the Financial Action Task Force (FATF) greylisting in 2023, but financial crime (fincrime) remains ...

Justice Mojisola Dada of the Lagos State Special Offences Court, sitting in Ikeja, has dismissed the no-case submission filed by social media celebrity, Ismaila Mustapha, popularly known as Mompha, ...

A co-founder of cryptocurrency mixer Samourai Wallet was ordered to spend five years behind bars for running a business that laundered hundreds of millions of dollars from illegal dark web ...

The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department building on April 24, 2025, in Washington, D.C. (Photo by J. David Ake/Getty ...

Legal experts say money laundering and other financial crimes under the federal Bank Secrecy Act have not been used as a pretext to scrutinize the reputation of banks, which can suffer consequential ...

Swiss federal prosecutors are set to drop a nine-year investigation into a graft scandal linked to the 2009 death of Russian ...

Jurors handed up an award of $52 million against Felix Sater. That award is without interest factored in—a potentially significant addition since the acts took place more than a decade ago. The case ...