Money laundering

May 03, 2018 - 3:39 am
COPENHAGEN, Denmark (AP) — Danish regulators said Thursday that there were "serious shortcomings" in the anti-money laundering operations of Danske Bank' activities in Estonia. The authority's head, Jesper Berg, says Danske Bank "responded too late to information" about lacking money laundering...
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CORRECTS TYPO OF CITY NAME - Former Malaysian strongman Mahathir Mohamad smiles during an interview with Associated Press at his office in Putrajaya, Malaysia Wednesday, April 18, 2018. Mahathir says a wave of change is evident among rural ethnic Malays and a 30 percent swing from the bloc's traditional support for the government would be enough to secure the opposition victory in next month's elections. (AP Photo/Vincent Thian)
April 19, 2018 - 4:15 am
PUTRAJAYA, Malaysia (AP) — Malaysian opposition leader Mahathir Mohamad said Wednesday that huge rallies indicate some of the ruling coalition's traditional Malay supporters are now favoring the opposition and a change of government is possible in next month's elections. Mahathir, one of Asia's...
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March 16, 2018 - 9:20 am
JOHANNESBURG (AP) — The director of South Africa's National Prosecuting Authority says that former president Jacob Zuma will be prosecuted on 16 charges of corruption. Shaun Abrahams announced Friday that Zuma will face charges including fraud, corruption, racketeering and money laundering. Zuma,...
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March 12, 2018 - 11:37 am
GENEVA (AP) — Geneva regional prosecutors have made two arrests after opening a criminal investigation of a Swiss consulting firm that served as a conduit between Venezuela's state oil company and some of its biggest clients. A person familiar with the case says the Helsinge Inc. executives were...
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Paul Manafort, President Donald Trump's former campaign chairman, arrives at the federal courthouse, Wednesday, Feb. 28, 2018, in Washington. (AP Photo/Jose Luis Magana)
February 28, 2018 - 10:04 am
WASHINGTON (AP) — President Donald Trump's former campaign chairman Paul Manafort maintained his innocence on Wednesday to new charges he acted as an unregistered foreign agent and directed an international money-laundering conspiracy. Manafort appeared at the federal courthouse and entered a...
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February 27, 2018 - 3:46 am
COPENHAGEN, Denmark (AP) — A Danish newspaper says a whistleblower warned the management of Denmark's biggest bank in 2013 that family members of Russian President Vladimir Putin and Russia's spy agency were using its Estonian bank branch for money laundering. Denmark's Berlingske daily says...
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February 23, 2018 - 3:57 pm
PARIS (AP) — The watchdog that monitors global and illicit misuse of funds cited North Korea as a top source of "ongoing and substantial" money laundering and terrorist financing in a report issued Friday, and urged countries to keep North Korea at arm's length and close its banks. The Financial...
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FILE - In this Dec. 11, 2017, file photo, former Trump campaign chairman Paul Manafort arrives at federal court in Washington. Recently unsealed criminal charges against President Donald Trump’s ex-campaign chairman could also pose legal risks for the banks that lent him millions of dollars. For years Paul Manafort has borrowed heavily against multiple properties in New York. The banks’ exposure could be worst of all for a bank dubbed “Lender B” in court papers. (AP Photo/Susan Walsh, File)
February 23, 2018 - 2:11 pm
WASHINGTON (AP) — The Latest on the Russia investigation (all times local): 3:05 p.m. President Donald Trump's former campaign chairman is maintaining his innocence after his longtime business associate pleaded guilty to federal charges. Paul Manafort says in a statement that the plea by Rick Gates...
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FILE - In this Dec. 11, 2017, file photo, former Trump campaign chairman Paul Manafort arrives at federal court in Washington. Recently unsealed criminal charges against President Donald Trump’s ex-campaign chairman could also pose legal risks for the banks that lent him millions of dollars. For years Paul Manafort has borrowed heavily against multiple properties in New York. The banks’ exposure could be worst of all for a bank dubbed “Lender B” in court papers. (AP Photo/Susan Walsh, File)
February 22, 2018 - 7:39 pm
WASHINGTON (AP) — Dramatically escalating the pressure and stakes, special counsel Robert Mueller filed additional criminal charges Thursday against President Donald Trump's former campaign chairman and his business associate. The filing adds allegations of tax evasion and bank fraud and...
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FILE - In this Wednesday, Jan. 1, 2014 file photo, Gov. of Bank of Latvia Ilmars Rimsevics holds a euro note in Riga, Lavia. The Latvian official on the European Central Bank’s top policymaking council, Ilmars Rimsevics, will miss a scheduled meeting Wednesday Feb. 21, 2018, amid an investigation into reported corruption. (AP Photo/Roman Koksarov, File)
February 22, 2018 - 10:49 am
A corruption scandal rocking euro member state Latvia underscores the limits of Europe's banking supervision and is likely to lead to reforms, experts said Thursday. Latvia, which is one of the 19 countries using the euro, has launched an investigation into corruption against its top banking chief...
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