Venezuelan TV News Network Owner Accused in Suspected $1.2 Billion Money Laundering Operation
Venezuelan TV News Network Owner Accused in Suspected $1.2 Billion Money Laundering Operation. A federal grand jury in the Southern District of Florida has indicted Raul Gorrin Belisario, 56, the owner of a Venezuelan television news network, for his alleged role in a $1.2 billion money laundering scheme. This operation reportedly stems from corrupt activities […]
TD Bank Guilty on Money Laundering Conspiracy in $1.8B Resolution
TD Bank Guilty on Money Laundering Conspiracy in $1.8B Resolution. TD Bank N.A. and its parent company TD Bank US Holding Company have pleaded guilty and agreed to pay over $1.8 billion in penalties to resolve the investigation over violations of the Bank Secrecy Act (BSA) and money laundering. TD Bank is the first US bank […]
Florida Staffing Co. Charged With Tax and Immigration Fraud
Florida Staffing Co. Charged With Tax and Immigration Fraud. The Owners of a Florida Labor-Staffing Company Make Initial Appearance on Tax and Immigration Fraud and Money Laundering Charges. Ukrainian Nationals Extradited from Thailand Two Ukrainian nationals made their initial appearance yesterday on a superseding indictment returned by a federal grand jury in Miami charging them […]
The threat of money laundering in the legal sector and how AML checks help
Traditionally, legal services have been one of the most commonly exploited by criminals seeking to obfuscate the source of ill-gotten gains.