Firm fined for money launderingNewsDayA BULAWAYO company, registered to deal in mining, was yesterday fined $2 000 for violating the Banking Registrations Act after it engaged in money investment business by mobilising funds and accepting deposits from the public without a banking licence.
Source: Money Laundering

Money laundering scam targets WAThe West AustralianWestern Australians have been targeted in a money laundering scam which tries to trick victims into cashing fake cheques for thousands of dollars. Job ads seeking “mystery shoppers” or survey agents appeared in at least two regional newspapers in …
Source: Money Laundering

Money recovered from IT top boss: ED may register money laundering caseIndian ExpressA day after the anti-corruption branch of CBI recovered Rs 67.50 lakh from Deputy Commissioner of Income Tax department, Ludhiana and a Jalandhar-based Chartered Accountant (CA), the Enforcement Directorate (ED), sources said, may file a money …
Source: Money Laundering

Analysis: US turns to thrift-era fraud law to tackle money launderingFox BusinessWASHINGTON – The Justice Department is again testing the reach of a once-dormant civil fraud law, applying it to money laundering after reviving it recently for cases tied to the financial crisis. The Financial Institutions Reform, Recovery and …
Source: Money Laundering

Russia gets a bad name on international money laundering, guess who the …ForexLive (blog)Russia gets a bad name on international money laundering, guess who the worst offender is. By Adam Button || April 4, 2013 at 17:10 GMT. || 2 comments || Add comment. There is no sympathy for the Russian money caught in Cyprus because it`s widely …
Source: Money Laundering

Burnet man pleads guilty in federal money laundering caseThe River Cities Sunday TribuneA Tulsa federal grand jury initially indicted the man in December 2011 on 182 counts of wire fraud, mail fraud and money laundering. According to the 30-page indictment, federal prosecutors stated between November 2004 and March 2008, Morrisett …
Source: Money Laundering

My MoinfoHSH Nordbank in settlement on money-laundering checksFox BusinessThe Fed and the New York State Department of Financial Services entered into a settlement with HSH Nordbank's New York branch that requires the bank to address problems with its anti-money laundering compliance and requirements to report suspicious …U.S. Regulators Cite Anti-Money-Laundering Deficiencies at Germany's HSH …4-traders (press release)all 2 news articles
Source: Money Laundering

US Regulators Cite Anti-Money-Laundering Deficiencies at Germany's HSH …Fox BusinessThe Federal Reserve Thursday ordered Germany's HSH Nordbank AG to strengthen its anti-money-laundering programs, citing deficiencies in the bank's risk management and economic sanctions compliance efforts. The bank's management reached an …HSH Nordbank in settlement on money-laundering checksChicago Tribuneall 2 news articles
Source: Money Laundering