He was tried on 32 counts of racketeering, money laundering, extortion and weapons charges, including complicity in 19 murders. On August 12, Bulger was found guilty on 31 counts, including both racketeering charges and was found to have been involved in 11 murders. On November 14, he ...
The First National Bank employees attempted to transfer approximately $70 million to various “dummy” accounts in Australia. A dummy account is an anonymous or untraceable bank used to store funds in cases of theft or embezzlement. Financial firm Merrill Lynch thwarted the theft when it discovered...
We also explore some recent shocking scam cases that have rocked the financial world. I collected the most important cases and ranked them starting with the most shocking ones: What Are The Biggest Money Scams of All Time? Sam Bankman Fried ‘SBF' (FTX Crypto Scandal) · $10 billion (2023...
What are some cases when great startups almost ran out of money but still managed to secure an investment? What financial movements are related with money laundering, corruption or terrorist financing but usually fail to be detected by anti-money laundering scenarios? Wha...
After a deadly shootout with the military in 2003, he was arrested and in 2007, and extradited to the U.S. where he was sentenced to 25 years in prison for various crimes like drug trafficking, homicide, money laundering etc. 1. Joaquín “El Chapo” Guzmán ...
The allegations against Prince Al-Waleed include money laundering, bribery, and extorting officials. Some of the detainees have been in the Ritz-Carlton, Riyadh since then. Al-Waleed was released from detention on 27 January 2018, following a financial settlement of some kind, after nearly three...