Money laundering

FILE - In this April 23, 2015 file photo, Jho Low, Director of the Jynwel Foundation, poses at the launch of the Global Daily website in Washington, D.C. The Justice Department on Thursday, Nov. 1, 2018, charged the fugitive Malaysian financier in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to promote economic development projects in that country. The three-count indictment charges Low Taek Jho, who is also known as Jho Low, with misappropriating money from the state-owned fund and using it for bribes and kickbacks to foreign officials, to pay for luxury real estate, art and jewelry in the United States and to fund Hollywood movies, including "The Wolf of Wall Street." (Photo by Stuart Ramson/Invision for the United Nations Foundation/AP Images)
November 02, 2018 - 7:24 am
The young Malaysian tycoon wanted by the U.S. for his alleged role in ransacking a state investment fund says he's innocent, and he's been fighting back against the allegations while in hiding. For 36-year-old Taek Jho Low, or Jho Low, it's a far cry from earlier days of partying with jet-set...
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FILE - In this April 23, 2015 file photo, Jho Low, Director of the Jynwel Foundation, poses at the launch of the Global Daily website in Washington, D.C. The Justice Department on Thursday, Nov. 1, 2018, charged the fugitive Malaysian financier in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to promote economic development projects in that country. The three-count indictment charges Low Taek Jho, who is also known as Jho Low, with misappropriating money from the state-owned fund and using it for bribes and kickbacks to foreign officials, to pay for luxury real estate, art and jewelry in the United States and to fund Hollywood movies, including "The Wolf of Wall Street." (Photo by Stuart Ramson/Invision for the United Nations Foundation/AP Images)
November 01, 2018 - 2:52 pm
WASHINGTON (AP) — The Justice Department announced charges Thursday against a fugitive Malaysian financier and two former Goldman Sachs bankers accused in a money laundering and bribery scheme that pilfered billions of dollars from a Malaysian investment fund created to spur economic development...
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This wanted poster released by FBI shows Singaporean Tan Wee Beng, the director of both trading house Wee Tiong (S) Pte. Ltd. and ship management services company WT Marine Pte. Ltd. The Singaporean businessman facing criminal charges in the United States for allegedly violating sanctions against North Korea said he was taking the concerns “seriously.” In a note to stakeholders of his trading company Wee Tiong, seen by The Associated Press, Tan Wee Beng said he was still fully committed to his business. Tan was also blacklisted by the U.S. Treasury Department for allegedly doing business with the North and engaging in money laundering. Tan said he will work with lawyers and contact authorities for more information on the charges. (FBI via AP)
October 31, 2018 - 3:25 am
SINGAPORE (AP) — A Singaporean businessman facing criminal charges in the United States for allegedly violating sanctions against North Korea said he was taking the concerns "very seriously." In a note to stakeholders of his commodities trading company Wee Tiong, seen by The Associated Press, Tan...
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October 25, 2018 - 8:18 pm
WASHINGTON (AP) — The United States imposed sanctions Thursday on the Singapore-based director of a commodities company accused of laundering money for North Korea through the U.S. financial system. The Department of Justice also unsealed criminal charges against the person, Tan Wee Beng, accusing...
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October 17, 2018 - 11:25 pm
LIMA, Peru (AP) — An appeals judge has freed Peru's opposition leader Keiko Fujimori a week after she was arrested as part of an ongoing money laundering probe. The daughter of former strongman Alberto Fujimori cried as the judge read aloud his ruling Wednesday night. Several critics heckled...
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Rosmah Mansor, wife of former Malaysian Prime Minister Najib Razak walks into courtroom at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Thursday, Oct. 4, 2018. Rosmah was arrested by the anti graft agency Wednesday and will face money laundering charges related to a graft scandal in the 1mdb state investment fund. (AP Photo/Vincent Thian)
October 03, 2018 - 9:50 pm
KUALA LUMPUR, Malaysia (AP) — The detained wife of former Malaysian Prime Minister Najjib Razak pleaded not guilty Thursday to laundering illegal proceeds from a graft scandal involving the 1MDB state investment fund, five months after her husband's shocking electoral loss. Rosmah Mansor, 66, was...
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Rosmah Mansor, center, wife of Malaysian Prime Minister Najib Razak, arrives at the Anti-Corruption Agency for questioning in Putrajaya, Wednesday, Oct. 3, 2018. Rosmah is to be questioned by the country's anti-graft agency for the third time as investigators prepare possible charges against her including money laundering in the multi-billion-dollar scandal. (AP Photo/Vincent Thian)
October 03, 2018 - 4:43 am
KUALA LUMPUR, Malaysia (AP) — The Latest on the arrest of the wife of former Malaysian Prime Minister Najib Razak (all times local): 5 p.m. Malaysia's anti-graft agency says the wife of former Prime Minister Najib Razak will be charged under the anti-money laundering act. The agency says Rosmah...
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Rosmah Mansor, wife of Malaysian Prime Minister Najib Razak, arrives at the Anti-Corruption Agency for questioning in Putrajaya, Wednesday, Oct. 3, 2018. Rosmah is to be questioned by the country's anti-graft agency for the third time as investigators prepare possible charges against her including money laundering in the multi-billion-dollar scandal. (AP Photo/Vincent Thian)
October 03, 2018 - 4:08 am
KUALA LUMPUR, Malaysia (AP) — The wife of former Malaysian Prime Minister Najib Razak was arrested Wednesday by the anti-graft agency and is expected to be charged in a scandal involving the 1MDB state investment fund, a government official said. The official, who declined to be named due to the...
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September 25, 2018 - 10:02 am
NEW ORLEANS (AP) _ A New Orleans area physician faces new federal charges after being indicted earlier this year in a drug case. A release by U.S. Attorney Peter Strasser's office says 57-year-old Wayne Celestine now faces charges of obstruction of justice, conspiracy to commit money laundering and...
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Malaysia's former Prime Minister Najib Razak, center, walks in Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Thursday, Sept. 20, 2018. Detained former Prime Minister Najib will face at least two dozen fresh charges of abuse of power and money laundering over the multimillion-dollar looting of a state investment fund, police and the anti-graft agency said Thursday. (AP Photo/Yam G-Jun)
September 20, 2018 - 3:51 am
KUALA LUMPUR, Malaysia (AP) — Malaysian former Prime Minister Najib Razak pleaded not guilty Thursday to 25 fresh charges of abuse of power and money laundering over the multimillion-dollar looting of a state investment fund. Najib was detained by the anti-graft agency Wednesday over the transfer...
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