Money laundering

FILE - In this May 14, 2015 file photo, construction workers chat in front of a billboard for state investment fund 1 Malaysia Development Berhad (1MDB) at the fund's flagship Tun Razak Exchange development in Kuala Lumpur, Malaysia. The U.S. Justice Department is seeking to recover $540 million in assets, including penthouse apartments, paintings by Vincent Van Gogh and a yacht known as the Equanimity, that it says were stolen from Malaysia's troubled sovereign wealth fund, prompting objections from Malaysian officials who said Friday, June 16, 2017 there was no evidence of such crimes. (AP Photo/Joshua Paul, File)
June 16, 2017 - 4:09 am
KUALA LUMPUR, Malaysia (AP) — A Malaysian sovereign wealth fund has rejected U.S. Justice Department allegations over money laundering and alleged theft of a treasure trove of assets including diamonds, a yacht and private jet and penthouse apartments. The Malaysian government-controlled fund known...
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June 15, 2017 - 9:29 am
NEW YORK (AP) — A former banker pleaded guilty to a U.S. charge Thursday in the sprawling investigation linked to FIFA, the international soccer governing body. Jorge Arzuaga, 56, an Argentine who worked at Credit Suisse Group AG and Julius Baer Group Ltd., pleaded guilty in a federal court in New...
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May 30, 2017 - 9:05 am
GENEVA (AP) — Swiss authorities have arrested five people, frozen several bank accounts and seized real estate in a sweep against alleged illegal drug trafficking and money laundering in the millions of dollars. Zurich state police say the arrests in a "coordinated international action" follow an...
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May 24, 2017 - 5:26 pm
NEW YORK (AP) — A former aide to the president of one of soccer's six continental confederations pleaded guilty Wednesday to a single charge — money laundering conspiracy — in the sport's worldwide scandal. Costas Takkas, 60, worked at CONCACAF, the Confederation of North, Central America and...
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May 22, 2017 - 1:24 pm
NEW YORK (AP) — Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls and negligence in the bank's Mexican subsidiary may have allowed customers to commit money laundering. The Justice Department announced Monday that Citi's Banamex...
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Suspected Lithuanian hacker Evaldas Rimasauskas is seen before a court session in Vilnius, Lithuania, Thursday, May 18, 2017. A court in Lithuania wants more information from the United States before ruling on the extradition of a local businessman suspected of conning Google and Facebook out of more than 100 million dollars. (AP Photo/Mindaugas Kulbis)
May 18, 2017 - 12:45 pm
VILNIUS, Lithuania (AP) — A court in Lithuania on Thursday requested more information from the United States before ruling on the extradition of a local businessman suspected of tricking Google and Facebook out of more than $100 million in an elaborate cybercrime case. Evaldas Rimasauskas was...
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In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 9:44 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
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In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 7:18 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
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In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 6:32 am
NEW DELHI (AP) — British police on Tuesday arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. Mallya...
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In this June 3, 2010 file photo, United Breweries Group Chairman Vijay Mallya attends the Global Investors Meet organized by Karnataka state government in Bangalore, India. British police said Tuesday, April 18, 2017, they have arrested Indian business tycoon Vijay Mallya in London. (AP Photo/Aijaz Rahi, File)
April 18, 2017 - 5:50 am
NEW DELHI (AP) — British police say they have arrested Indian business tycoon Vijay Mallya in London on behalf of authorities in India, where he is wanted on charges of money laundering and bank demands that he pay back more than a billion dollars in loans extended to his now-defunct airline. A...
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