Two women plead guilty in Zetas money laundering caseAustin American-StatesmanCourt records show the women were part of an a money laundering scheme detailed in a 25-page indictment, accusing Mexican Zeta members and their associates of spending millions in profits from illicit drug gains on the race horses. The indictment was …
Source: Money Laundering

Money laundering by private banksIndia TribuneMoney laundering in economic terms is defined as “techniques used to make the acquisition or possession of funds obtained through illegal activities appear legitimate, or to simply hide the source of the funds.” It is considered a crime in most nations …
Source: Money Laundering

WKYC-TVSouth Euclid woman charged with ID theft, money launderingWKYC-TVCLEVELAND — Feds say Angelique Bankston was arrested Thursday after being charged with five counts of bank fraud, three counts of mail fraud, two counts of aggravated identity theft and sixteen counts of money laundering. According to court records …
Source: Money Laundering

Man charged with pimping, laundering money with 50 gift cards near Fort CollinsThe ColoradoanThe money-laundering charge resulted after deputies found more than 50 Visa gift cards along with a “large amount of cash” on Wilson, Schulz said. “Gift cards create less suspicion than cash when buying things,” he said. Ryan Richelle Black, 35, of …and more
Source: Money Laundering

RTMoney laundering gang busted in Moscow airportRTAlmost half a billion rubles and several firearms have been seized at Moscow's Vnukovo airport. Twenty people have been arrested during a successful raid on an international money laundering ring. The people arrested were allegedly members of a …
Source: Money Laundering

Regulators target money laundering with prepaid cardsThe Hill (blog)The White House is reviewing new regulations aimed at thwarting the use of prepaid credit cards to launder money across the border. The Financial Crimes Enforcement Network (FinCEN) within the Treasury Department has been working on rules since …
Source: Money Laundering

Man charged with pimping, laundering money with 50 giftcards near Fort CollinsThe ColoradoanThe money-laundering charge resulted after deputies found more than 50 Visa giftcards along with a “large amount of cash” on Wilson, Schulz said. “Giftcards create less suspicion than cash when buying things,” he said. Ryan Richelle Black, 35, of …
Source: Money Laundering

Duo behind health insurance scheme arrested on theft, money laundering chargesThe TennesseanSPRINGFIELD — Two men identified as the masterminds of a defunct health insurance operation that allegedly bilked more than $20 million from their victims nationwide have been indicted and arrested on theft and money-laundering charges in connection …
Source: Money Laundering