A study on Money laundering and tax evasion risks in free ports provides an insight into the money laundering, tax evasion and tax avoidance risks connected with free zones, particularly those that function as (semi-) permanent storage for high-value goods, often referred to as ‘free ports’. Conducted at the request of the European Parliament’s Special […]

The French magazine L’Obs has exposed an international tax evasion and money laundering network, which is based in the UAE. The magazine attained crucial documents (Dubai Papers) of the Helin Group of companies, under the investigation of Geneva and France courts. Well-installed in UAE’S Ras al-Khaimah; the company’s dissimulation methods were used by at least […]

FRANKFURT (Reuters) – Deutsche Bank has uncovered shortcomings in its ability to fully identify clients and the source of their wealth, internal documents seen by Reuters show, more than a year after it was fined nearly $700 million for allowing money laundering. In two confidential reviews, dated June 5 and July 9, Germany’s biggest lender […]

Donald Trump has made millions from licensing his name to a development used to launder drug money – GLOBAL WITNESS[GW] reveal their findings in a new investigation out today. What went on at the Trump Ocean Club in its early days? Watch THE GW film to find out – and then share to spread the word on […]

The following is a Report on the  “U.S. Vulnerabilities to Money Laundering, Drugs and Terrorist Financing: HSBC Case History”.  The findings were reported to the states by the 31st July 2013. Click here to view it.   

An aide to Nigel Farage is facing money laundering and blackmail charges in the US after being arrested while trying to travel back to Britain with the former UKIP leader. George Cottrell, 22, a party activist from an aristocratic family, allegedly agreed to launder money for undercover agents posing as drug traffickers. According to court […]

The Scottish Government has become so alarmed about shell firms being used as fronts for everything from cyber-scams to the wholesale looting of banks – usually limited partnerships or SLPs advertised as “zero-tax offshore companies” across eastern Europe –that the Sunday Herald can reveal that last week Finance Secretary Derek Mackay wrote to his UK […]

At the behest of France, the International Criminal Police Organization Interpol (http://bit.ly/1nblz05) is seeking Papa Massata Diack, the son of Lamine Diack, the former president of the International Association of Athletics Federation (IAAF). French law enforcement said they are looking for him for “complicity in receiving bribes, aggravated money laundering and conspiracy in an organized group […]