which had laundered about 14 billion Hong Kong dollars (about 1.79 billion U.S. dollars) through transnational trade activities, as well as a money laundering operation center, marking the largest money laundering case shut down by Customs
The main culprit in Singapore's largest money laundering case, Su Wenqiang, pleaded guilty on April 2 and was sentenced to 13 months in prison. The amount involved has risen to more than S$3 billion, and 10 people have been charged so far. Two Chinese men, Su Yongcan and Wang Huoqiang...
Chinanews, Shanghai, June 18 – The Shanghai No.1 Intermediate People's Court began to hold a court hearing of the largest moneylaundering1case in China last Friday. The suspects in the case collected foreign currencies abroad and deposited them into dozens of individualsavings2accounts in China...
China uncovers largest money laundering case (单词翻译:单击) Dec. 2 - Authorities in China's commercial center Shanghai has uncovered a five billion yuan (US$633 million) moneylaundering1case, the largest ever in the country's history. The case was exposed accidentally in a probe into falsifi...
China has faced an "increasingly arduous and complicated" problem with unapproved financial institutions often used for laundering money obtained from corruption, online gambling and fraud, the ministry said in September. Police have shut down 37 such banks since August, according to the ministry. ...
The Hong Kong Jockey Club Charities Trust donated an average of $507 million a year, making it the top in Asia—and 15th globally.
‘dynamic pricing’ backlash Japanese authorities trace Monero, arrest 18 in $670K laundering case Money Bonus payments to water company bosses rise to £9.1m amid sewage scandal Ocado Group lines up ex-Microsoft exec as next chairman How the odd bet on football could c...
The founder of Binance, Changpeng Zhao, pleaded guilty to a felony charge that he failed to take steps to prevent money laundering.
Teran and Batista's four-year-long royalties heist came to an end late last year following an investigation from the IRS. According toBillboard, the two were indicted on "30 counts of conspiracy, wire fraud, money laundering and aggravated identity theft." Teran pleaded not guilty. His trial...
The Enforcement Directorate has attached properties worth about ₹47,099 crore in 515 money laundering cases related to fraud in public and private sector banks during 2014-2022, according to the Finance Ministry. In response to a query from Lok Sabha Member Ritesh Pandey, the Minister of State...