Published on Jan 27, 2012 How Allen Stanford kept the SEC at bay In 2009, federal investigators finally arrested Houston financier R. Allen Stanford. For twenty years, Stanford allegedly had run a $7 billion Ponzi scheme from his offshore bank on the Caribbean island of Antigua. U.S. authorities had been nosing around Stanford’s empire for longer than a decade but hesitated to open a full-blown probe.
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How Allen Stanford kept the SEC at bay Published on Jan 27, 2012
Money launderers pose national threat Money laundering has implications in national security, Australian Crime Commission chief executive John Lawler says. Law enforcement experts and members of the financial industry gathered in Sydney Read more
Australia: Cash laundering a huge criminal growth industry A TREND is emerging for criminal syndicates to exist solely to launder black cash, with massive growth of organised crime needing new ways to hide ill-gotten gains Read more
Police say money laundering harder to trace - ABC News See more videos...
Haggerty's Former Workers Take The Stand In Money Laundering Trial See more videos...
Stanford Bank Case The case that touched many people not only in the United States and Antigua but in Latin America after the prestigious bank offered exceptional benefits to its clients through the sale of certificate of deposits, about US$7 billion. Stanford and two of his executives are accused of fraud and money laundering Read more
Yukos Oil Case Yukos was charged with tax evasion, for an amount of over US$7 billion. The Russian government said the company was accused of misusing tax havens inside Russia in the 1990s so as to reduce its tax burden. In April 2003, Yukos agreed to a merger with Sibneft, but the merger was soon undone. Read more
Regulator looks deeper into Swiss bank dictator assets Swiss law does not prohibit business relationships with so-called "politically exposed persons" (PEPs) but FINMA requires banks to treat such relationships with greater care Read more
Singapore: How did 9 men con $1.2m despite rules and safeguards? It was a hoax of epic proportions. Nine men, one government agency and a cool $12.2 million. At the centre of it all were Koh Seah Wee, 41, and Lim Chai Meng, 38
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The Risk Professional: UK action against Iran's banks The UK has announced immediate sanctions against all Iranian banks. Under the sanctions, all UK credit and financial institutions are required to forthwith cease all dealings with Iranian banks Read more
Teams work to stem flow of money from US to Mexican drug cartels There's an estimated $20 billion paid to Mexican drug cartels each year - a hefty portion of which comes from the pockets of Americans, said New Mexico Attorney General Gary King Read more
Global Anti-Money Laundering Survey 2011 Read more
On Drugs: Report of the Global Comission on drug policy, June 2011 Read more
Vulnerabilities detected in Southern Africa countries Read more
Over and Under Invoicing of Goods and Services Read more
Petty Corruption: Types and frequent detection Read more
Egmont Case Ref: 06077 A suspected drug trafficker was gambling large sums and using third
parties to purchase gaming chips on his behalf. The casino reported this
activity and multiple chip cash outs on the same day, some being
transacted just below the legal reporting limit
Read more
Egmont Case Ref: 06077 A suspected drug trafficker was gambling large sums and using third
parties to purchase gaming chips on his behalf. The casino reported this
activity and multiple chip cash outs on the same day, some being
transacted just below the legal reporting limit
Read more
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