Taiwan and Other Regions 2/9

Dec 3, 20242 min read

We’re working to remove Nigeria from grey list for money laundering, says NFIU boss

Hafsat Bakari, the chief executive officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), says the country has earned more...

Dec 3, 20243 min read

Investment entrant fraud: Immigration consultant charged by ICAC faces 10 additional charges, four clients and an employee indicted

The ICAC had earlier charged a former proprietor of an immigration consultancy for allegedly conspiring with a client to deceive the...

Dec 3, 20243 min read

Mastermind and 12 others charged by ICAC in $52m dummy agents commissions fraud plead guilty in District Court

An ICAC corruption investigation earlier revealed a dummy insurance agents’ scheme where individuals had conspired together to defraud...

Nov 24, 20241 min read

Prosecutors: 9 caught laundering cash into cryptocurrency for drug cartels

A grand jury indicted nine for conspiring to launder U.S. currency into cryptocurrency on behalf of drug cartels and for running an...

Nov 24, 20242 min read

Insurance intermediary charged by ICAC gets seven months’ jail for conspiring with policyholders over insurance claims fraud

An insurance intermediary, charged by the ICAC, was today (November 19) sentenced to seven months’ imprisonment at the Eastern...

Nov 24, 20243 min read

Former Northstar Financial head pleads guilty to $2bn scheme

A Florida billionaire who ran a failed investment company on the island has pleaded guilty to conspiracy to commit offences against the...

Nov 24, 20243 min read

‘Crocodile of Wall Street’ Gets 18 Months in Crypto Case

The woman who dubbed herself the “Crocodile of Wall Street” and “Razzlekhan” in rap videos was ordered to serve 18 months behind bars for...

Nov 17, 20243 min read

Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison

A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked...

Nov 17, 20243 min read

Insurance magnate pleads guilty as government describes $2B scheme

An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to...

Nov 17, 20243 min read

Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering

The founder of a cryptocurrency mixing service known as Bitcoin Fog was convicted in Washington federal court of helping to launder...