Topic
moneylaundering
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PoliticsUS Sanctions Eight Canadian Businesses Over Iran Sanctions Evasion
The U.S. Treasury Department has sanctioned eight Canadian businesses, accusing them of aiding Iranian entities in circumventing financial sanctions. Some firms are also alleged to have assisted Ryan Wedding, accused of running a drug trafficking ring.
3 min readTrust 42 · Craft 60 · Hype 25
Business & Economy · Middle EastJBS faces 14 complaints in Europe over deforestation links
A coalition of environmental and human rights groups has filed 14 legal complaints in Europe against meatpacker JBS and its financial partners. The complaints allege money laundering linked to illegal Amazon deforestation, a charge JBS disputes.
Middle East3 min readTrust 60 · Craft 65 · Hype 45
Politics · United StatesDavid Rivera sentenced to 10 years for Venezuela lobbying
Former U.S. Rep. David Rivera has been sentenced to 10 years in federal prison for his role in a secret $50 million lobbying campaign on behalf of the Venezuelan government. He was convicted in May on multiple counts, including conspiracy to commit money laundering.
United States3 min readTrust 50 · Craft 65 · Hype 45
Politics · Middle EastUAE Central Bank Bans Financial Transactions with Iran's Bank Melli
The UAE Central Bank has imposed sanctions on all branches of Bank Melli Iran operating within the country. The sanctions prohibit all financial transactions with Iran, including trade finance and transfers, due to non-compliance with UAE regulations.
Middle East3 min readTrust 42 · Craft 57 · Hype 20
Business & Economy · Middle EastUS seeks $61 million in crypto linked to Iran oil sales
US prosecutors are seeking to forfeit over $61 million in cryptocurrency allegedly linked to illicit Iranian oil sales. The funds were allegedly laundered through Binance accounts by two Chinese companies and intended to finance Iran's government, military, and the IRGC.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Politics · Latin AmericaAlex Saab to plead guilty in US money laundering case
Alex Saab, an ally of Venezuelan President Nicolás Maduro, is expected to plead guilty in a US federal money laundering case. He is accused of bribing officials to win contracts for food imports during a period of hardship in Venezuela.
Latin America3 min readTrust 42 · Craft 61 · Hype 20- Politics · United States
Sheryl Williams Stapleton pleads guilty to fraud and money laundering
Former New Mexico lawmaker Sheryl Williams Stapleton pleaded guilty to state fraud and money laundering charges. The plea agreement follows her federal conviction on similar charges and includes a 10 1/2-year prison sentence and over $1.8 million in restitution.
United States2 min readTrust 60 · Craft 65 · Hype 10 - Politics · United States
Massachusetts Rep. Paulino Arrested on Fraud Charges
Massachusetts State Representative Francisco Paulino has been arrested and charged with 11 counts of fraud and money laundering. He is accused of orchestrating a scheme to obtain over $700,000 in federal pandemic relief funds, allegedly using some for personal expenses and campaign contributions.
United States2 min readTrust 42 · Craft 60 · Hype 61 
Conflict & Security · Middle EastCambodia and US agencies seize $7 million in crypto linked to Sinaloa Cartel
Cambodian and U.S. anti-drug agencies have dismantled a cryptocurrency money laundering network tied to Mexico's Sinaloa Cartel. The operation resulted in the seizure of approximately $7 million in cryptocurrency, along with significant quantities of illegal drugs and precursor chemicals.
Middle East3 min readTrust 60 · Craft 60 · Hype 20
Conflict & Security · United StatesLuis Alberto Osorio pleaded guilty to trafficking 140 firearms to Mexican cartels
Luis Alberto Osorio, an Elko resident, pleaded guilty to purchasing 140 firearms, including military-style rifles, for Mexican drug cartels. The case, part of a Homeland Security Task Force initiative, involves charges of trafficking, money laundering, and employing undocumented workers. Sentencing is scheduled for February.
United States4 min readTrust 74 · Craft 95 · Hype 15
Business & Economy · United StatesTrump sued Capital One after bank closed accounts over money-laundering fears
Capital One closed bank accounts held by Donald Trump in 2021 after flagging financial activity linked to money-laundering risks, the bank disclosed in a court filing. Trump’s holding company sued, alleging political motives, but Capital One denied the claim.
United States4 min read
