By Abhishek Dwivedi | Latest news/reports/case studies from money laundering/terrorist financing related crimes


How shell companies are used in black money creation, laundering

August 17 2017 There used to be an old saying among businesses in Kolkata: “dhan maat dikhao”, which means your wealth shouldn’t show. It dates back …

Black Money

Australia proposes stronger money laundering rules, includes bitcoin

AUGUST 17, 2017 Australia announced a bill on Thursday to strengthen its money laundering laws, including bringing bitcoin providers under the remit …


New Zealand: Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2017

August 17 2017 The Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2017 (Amendment Act) received Royal assent on 10 August …

New Zealand

The CBA money laundering case has links to potential terrorism financing

The money laundering case against the Commonwealth Bank includes potential financing of terrorism, a federal parliamentary committee was told today. …

Insider trading schemes using encrypted apps alarm FBI

August 20 2017 The Federal Bureau of Investigation is growing concerned that Wall Street traders are turning to encrypted apps to hide illicit …


SAUDI ARABIA: 215 convicted of money laundering in one year

August 22 2017 Between 2015-2016, 66 Saudis and 149 residents were convicted of money laundering.Money laundering practices differ; therefore, …

Money Laundering

FinCEN Targets Shell Companies Purchasing Luxury Properties in Seven Major Metropolitan Areas

Financial Crimes Enforcement Network (FinCEN) today announced the issuance of revised Geographic Targeting Orders (GTOs) that require U.S. title …