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A Federal High Court in Abuja has sentenced former Nigerian Minister of Power Saleh Mamman to 75 years imprisonment after convicting him on multiple counts of corruption, fraud and money laundering involving billions of naira. The judgement was delivered by James Omotosho, who ruled that the Economic and Financial Crimes Commission (EFCC) had successfully established its case against the former minister beyond reasonable doubt. Mamman was found guilty on 12 counts relatin

Ukrainian anti-corruption agencies have conducted a search of the office belonging to Andriy Yermak, the former head of the presidential office, while simultaneously issuing a formal notice of suspicion against him in relation to an alleged $11 million money laundering operation. The action was reported directly from the scene by Schemes, an investigative journalism project operated by Radio Free Europe/Radio Liberty’s Ukrainian Service, which documented the enforcement activ

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has released an in-depth analytical report examining how established international trade corridors are being exploited for the movement of restricted and dual-use technologies. The assessment focuses on procurement structures and money laundering networks operating within segments of the South Asian diaspora, which are allegedly being used to facilitate the acquisition and diversion of sensitive goods

Canadian authorities have intensified their efforts to strengthen the country’s anti-money laundering framework by issuing more than $118,000 in administrative monetary penalties against three separate businesses found to be in violation of national financial security regulations. The enforcement actions, carried out by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), targeted VersaBank, RE/MAX Twin City Realty Inc, and Birks Group Inc after regulat

A prominent Italian businessman based in Dubai was arrested at Venice Marco Polo Airport in connection with a major cross-border financial crime investigation involving alleged value-added tax fraud and international money laundering activities. The arrest was carried out through a coordinated operation led by the European Public Prosecutor’s Office in collaboration with Italy’s Guardia di Finanza, which intercepted the suspect before he could depart European territory and re

Canada is moving toward a sweeping prohibition of cryptocurrency ATMs as part of a wider government effort to combat fraud and money laundering, following increasing evidence that these machines are being exploited by criminal networks and scam operations. The proposal was introduced in the Liberal government’s Spring Economic Update, released on Tuesday, and calls for the complete removal of crypto ATMs across the country. Officials described these machines as a “primary met

Thai police have announced the shutdown of a money laundering network allegedly serving a well-known online gambling syndicate, following a coordinated enforcement operation led by the country’s Department of Special Investigation (DSI). In an official statement, the DSI confirmed that authorities had frozen and seized funds across multiple bank accounts totaling more than 500 million baht, equivalent to approximately $15.3 million. According to investigators, the operation i

A court in Delhi has rejected the regular bail plea submitted by Jawad Ahmed Siddiqui, the chairman of the Al Falah University group, in connection with an ongoing money laundering investigation. The decision was delivered on Saturday by Additional Sessions Judge Sheetal Chaudhary Pradhan after hearing submissions from both the accused and the Enforcement Directorate (ED), with a detailed written order still pending. During the proceedings, the Enforcement Directorate strongl

European authorities have carried out a sweeping enforcement operation involving twenty major searches across Germany and Poland, aiming to dismantle a sophisticated financial network accused of concealing illicit proceeds. The coordinated effort, led by the European Public Prosecutor’s Office, focused on a criminal syndicate primarily run by Chinese nationals who allegedly specialized in large-scale fiscal evasion. Investigators believe the group funneled millions of euros t

Five individuals are facing fraud and money laundering charges after prosecutors alleged they orchestrated a long-running scheme in Chelsea involving stolen identities and falsified tax returns that generated more than $220,000 in fraudulent refunds. The case arises from a multi-agency investigation into a tax fraud operation that spanned from April 2017 through July 2021, according to a statement released by the Suffolk District Attorney’s office. Prosecutors allege that Dan

The government of Pakistan has initiated a sweeping enforcement campaign, imposing penalties totaling 111 billion rupees on entities linked to a vast trade-based money laundering operation. The action was ordered by Prime Minister Shehbaz Sharif after investigations uncovered that 120 billion rupees—equivalent to approximately $430 million—had been illegally transferred abroad through systematic over-invoicing practices. The scheme, which exploited solar panel imports between

The United States Treasury has formally sanctioned Cambodian senator Kok An along with a network comprising 28 individuals and entities, accusing them of orchestrating a vast money laundering and cyber fraud operation responsible for siphoning 73 million dollars from American victims. This sweeping enforcement action, led by the Office of Foreign Assets Control, zeroes in on a highly organized system of scam compounds that rely heavily on digital assets to conceal illicit fin

The Enforcement Directorate on Sunday carried out searches at properties linked to Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and local businessman Joy Kamdar as part of an ongoing money laundering investigation involving an alleged criminal network operating in poll-bound West Bengal, according to officials. The action marks a significant development in the federal agency’s probe into the activities of an alleged organised syndicate accused of generating illici

Law enforcement authorities detained Bishop Emmanuel Shaleta at San Diego International Airport as he attempted to leave the United States following an extensive investigation into alleged financial misconduct. The San Diego County Sheriff’s Office began examining the case after receiving documentation in August 2025 from representatives of St. Peter Chaldean Church that pointed to irregular financial activity. After months of investigative work conducted by the Sheriff Fraud

Swiss federal authorities have opened a significant money laundering investigation targeting the owners of the Le Constellation bar in Crans-Montana following the devastating fire that occurred on New Year’s Eve. Jacques and Jessica Moretti are now under close examination by the Money Laundering Reporting Office Switzerland (MROS) after authorities detected suspicious financial transactions involving hundreds of thousands of Swiss francs. The federal inquiry is focused on det

A massive money laundering operation that funneled $62 million through automated teller machines across Victoria has been dismantled, resulting in significant prison sentences for the main perpetrators. Victoria Police and federal investigators traced the movement of illicit funds during a period of strict public health restrictions, uncovering a sophisticated network that exploited the convenience of intelligent deposit machines. The probe revealed that three men were respon

Malaysia’s former army chief and his wife were charged on Thursday (Jan 22) with money laundering offences involving close to RM2.2 million (US$543,000), marking another major development in a widening anti-corruption crackdown within the country’s defence establishment. In separate proceedings at the Kuala Lumpur Special Corruption Court, 58-year-old Muhammad Hafizuddeain Jantan and his wife, Salwani Anuar, 26, were each slapped with four charges under the Anti-Money Launder

Former Georgian prime minister Irakli Garibashvili has been sentenced to five years in prison following a plea agreement announced by the Prosecutor General’s Office on January 12 in connection with a serious money laundering case. In addition to the prison term, Garibashvili was fined GEL 1 million, or approximately USD 270,000, and authorities will confiscate cash seized from his residence that they say was obtained illegally. Without the plea deal, Garibashvili had been fa

Spanish regulators have confirmed a massive fine of 17,601,000 euros against CaixaBank following serious breaches of anti-money laundering obligations. The administrative decision was officially published in the Official State Gazette under resolution BOE-A-2025-26201 on December 11, 2025, and stems from failures in monitoring high-value property transactions that took place years ago. The penalty, one of the largest ever levied against a Spanish bank for non-compliance with

Wilfredo Aquinon, formerly an assistant store manager at TD Bank, has admitted to his involvement in a large-scale financial conspiracy that enabled a criminal organization to funnel approximately $474 million through a major U.S. banking institution. Aquinon pleaded guilty to charges stemming from both his failure to uphold professional banking standards and his direct participation in concealing the criminal origins of the funds. Under the terms of his plea, he now faces a