The U.S. Treasury Department has sanctioned the sister and “significant other” of Iranian tycoon Babak Zanjani, targeting a network of crypto exchanges and global companies accused of laundering funds for Iran’s Revolutionary Guard Corps.
Prosecutors in Georgia have charged four foreign nationals and five companies with operating a transnational money-laundering scheme that funneled 21.5 million Georgian lari ($8.2 million) in illicit proceeds through the country’s financial system. According to investigators, the group generated illegal…
Using intercepted communications from the encrypted Sky app as evidence, a Montenegrin court handed down a combined 148 years in prison to the Kavač clan leader and his criminal network.
Following a secretive trial, Andria Liluashvili was sentenced to 12 years in prison and stripped of $13 million in luxury assets for funneling monthly kickbacks from fraudulent call centers to his relative, the former head of Georgia's State Security Service.
Khalid Satary’s laboratories allegedly used call centers, telemedicine doctors and kickbacks to turn medically unnecessary cancer tests into $547 million in Medicare claims. Court records indicate the program paid about $134 million.
The European Union is placing a deferred transaction ban on a Georgian oil refinery for processing Russian crude, giving the facility six months before the measure takes effect under its 21st sanctions package.
Britain's National Crime Agency has frozen 16 luxury apartments in central London acquired by Xu Haika, who is under investigation in Singapore as authorities pursue their largest ever money laundering probe.
Latvian authorities have raided two hospitals as part of an investigation into the suspected fraud of 657,000 euros ($749,779) in European Union funds, the EU prosecutor’s office said Wednesday. The probe, led by the European Public Prosecutor’s Office (EPPO), focuses…
Ethiopian authorities have arrested 17 key operatives behind a brutal human trafficking syndicate that trapped tens of thousands of migrants in Yemen, systematically filming their torture to extort millions from terrified families.
A Kazakh court has sentenced 27 members of an organized crime group to between six and eight years in prison for stealing the equivalent of $6.4 million in public funds through a fraudulent agricultural loan scheme, state news agency Kazinform…