http://www.mail.com/subjects/3224-money-laundering.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/subjects/3224-money-laundering.html http://www.mail.com/business/economy/2102462-vatican-releases-1st-report-financial-watchdog.html VATICAN CITY (AP) — The Vatican took another step Wednesday to show greater financial transparency by publishing the first annual report from its financial watchdog agency and announcing new regulations to fight money laundering and terror financing. The report from the Financial Intelligence Authority showed the agency received six internal reports on su... Wed, 22 May 2013 20:33:10 GMT http://www.mail.com/business/economy/2102462-vatican-releases-1st-report-financial-watchdog.html 2013-05-22T20:33:10Z http://www.mail.com/business/economy/2087952-amnesty-undeclared-dollars-divides-argentina.html BUENOS AIRES, Argentina (AP) — A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting warnings that it will turn the country into a magnet for money launderers and organized crime. The government of President Cristina Fernandez dismisses ... Wed, 15 May 2013 18:04:33 GMT http://www.mail.com/business/economy/2087952-amnesty-undeclared-dollars-divides-argentina.html 2013-05-15T18:04:33Z http://www.mail.com/business/economy/2083814-swiss-1500-money-laundering-cases-year.html GENEVA (AP) — Unpaid fees lead to safe deposit caches of suspicious paintings and expensive jewelry. A foreign client's offshore deposits turn up possibly forged documents from the sale of tanks and high-caliber weapons to an African defense ministry. They were among more than 1,500 suspected money-laundering cases that Swiss authorities disrupted last ye... Tue, 14 May 2013 17:51:46 GMT http://www.mail.com/business/economy/2083814-swiss-1500-money-laundering-cases-year.html 2013-05-14T17:51:46Z http://www.mail.com/business/economy/2069440-argentina-offers-tax-amnesty-undeclared-cash.html BUENOS AIRES, Argentina (AP) — Argentina's government announced new measures on Tuesday intended to suck up undeclared dollars in response to growing pressure to abruptly devalue the nation's currency. Economy Minister Hernan Lorenzino said the new tax-free bonds and certificates of deposit will pull into the banking system the foreign currencies that Arg... Tue, 07 May 2013 23:58:23 GMT http://www.mail.com/business/economy/2069440-argentina-offers-tax-amnesty-undeclared-cash.html 2013-05-07T23:58:23Z http://www.mail.com/news/politics/2066956-chicago-case-alleges-ties-to-north-korea.html CHICAGO (AP) — A Taiwanese businessman long suspected of ties to North Korea and his Illinois-based son have been charged in Chicago with seeking to bypass a U.S. ban on the export of weapons machinery to the hard-line communist nation, federal prosecutors announced Monday. Hsien Tai Tsai, 67, and his 36-year-old son, Yueh-Hsun Tsai, are charged with one ... Tue, 07 May 2013 00:12:48 GMT http://www.mail.com/news/politics/2066956-chicago-case-alleges-ties-to-north-korea.html 2013-05-07T00:12:48Z http://www.mail.com/news/us/2022344-cartel-money-laundering-trial-texas.html AUSTIN, Texas (AP) — A multimillion-dollar horse racing and breeding operation run from an Oklahoma ranch was actually a front for a notorious Mexican cartel to launder millions of dollars in drug money, prosecutors alleged Tuesday at the beginning of a trial for five defendants charged in the scheme. Jose Trevino Morales, the younger brother of the suspe... Wed, 17 Apr 2013 01:15:01 GMT http://www.mail.com/news/us/2022344-cartel-money-laundering-trial-texas.html 2013-04-17T01:15:01Z http://www.mail.com/entertainment/celebrity/2023648-feds-ny-russian-mob-celebrity-poker-games.html NEW YORK (AP) — Nearly three dozen people were charged on Tuesday in what investigators said was a Russian organized crime operation that included illegal, high-stakes poker games for the rich and famous and threats of violence to make sure customers paid their debts. Federal authorities in New York City weren't naming names but said the poker players inc... Tue, 16 Apr 2013 22:35:30 GMT http://www.mail.com/entertainment/celebrity/2023648-feds-ny-russian-mob-celebrity-poker-games.html 2013-04-16T22:35:30Z http://www.mail.com/business/economy/2020184-ex-hsbc-worker-bank-scandalous.html MADRID (AP) — A former HSBC employee fighting extradition to Switzerland for allegedly stealing and revealing confidential information about private Swiss accounts said Monday the material in his possession highlights "scandalous" levels of tax evasion and money-laundering. Herve Falciani faces charges of stealing information between 2006 and 2007 related... Mon, 15 Apr 2013 13:34:00 GMT http://www.mail.com/business/economy/2020184-ex-hsbc-worker-bank-scandalous.html 2013-04-15T13:34:00Z http://www.mail.com/business/economy/2017852-trial-to-start-zetas-cartel-racehorse-case.html HOUSTON (AP) — One of Mexico's most powerful and violent drug cartels intended a racehorse-buying operation to be a clandestine means of laundering its illegal proceeds in the United States, prosecutors say. But with the millions of dollars spent — sometimes in the form of duffel bags stuffed with cash — on horses named with names such as Number One Carte... Sat, 13 Apr 2013 19:16:49 GMT http://www.mail.com/business/economy/2017852-trial-to-start-zetas-cartel-racehorse-case.html 2013-04-13T19:16:49Z http://www.mail.com/news/politics/2011504-34-charged-probe-illegal-sports-betting.html OKLAHOMA CITY (AP) — A federal indictment unsealed Wednesday accuses 34 people and 23 companies, many of them registered in Central America, of operating an illegal sports bookmaking business that solicited more than $1 billion in bets. The 95-page indictment, handed up by a federal grand jury in Oklahoma City on March 20, accuses the defendants of operat... Wed, 10 Apr 2013 22:25:37 GMT http://www.mail.com/news/politics/2011504-34-charged-probe-illegal-sports-betting.html 2013-04-10T22:25:37Z http://www.mail.com/business/economy/1993344-french-ex-minister-admits-lying-bank-account.html PARIS (AP) — French President Francois Hollande on Tuesday decried an "unforgiveable moral error" by his former budget minister, who has jolted France's body politic by admitting on his blog to having lied about a once-secret foreign bank account. Authorities filed preliminary charges against Jerome Cahuzac, a former plastic surgeon-turned-politician, for... Tue, 02 Apr 2013 19:51:06 GMT http://www.mail.com/business/economy/1993344-french-ex-minister-admits-lying-bank-account.html 2013-04-02T19:51:06Z http://www.mail.com/business/finance/1965470-french-minister-resigns-face-tax-fraud-probe.html PARIS (AP) — France's budget minister, ensnared in a ballooning scandal over suspected tax fraud and money laundering, on Tuesday became the first resignation in President Francois Hollande's 10-month-old Socialist government. Jerome Cahuzac, who had garnered Hollande's trust as point man to help boost tax revenues as France battles a lackluster economy a... Tue, 19 Mar 2013 19:53:02 GMT http://www.mail.com/business/finance/1965470-french-minister-resigns-face-tax-fraud-probe.html 2013-03-19T19:53:02Z http://www.mail.com/business/finance/1963484-argentina-hsbc-helped-launder-money-evade-taxes.html BUENOS AIRES, Argentina (AP) — Argentina's government on Monday accused the British banking giant HSBC of facilitating money laundering and tax evasion. Tax chief Ricardo Echegaray said HSBC's Argentina subsidiary created an illegal scheme enabling its clients to hide more than $100 million. He said the scheme included a criminal organization and fake rec... Tue, 19 Mar 2013 00:36:37 GMT http://www.mail.com/business/finance/1963484-argentina-hsbc-helped-launder-money-evade-taxes.html 2013-03-19T00:36:37Z http://www.mail.com/business/finance/1929864-cyprus-oks-audit-anti-money-laundering-policies.html BRUSSELS (AP) — European finance ministers on Monday pushed cash-strapped Cyprus into accepting an independent audit probing whether the country's financial institutions comply with international rules aimed at combatting money-laundering, officials said. Cyprus, the euro region's third-smallest economy, urgently needs money from its European partners to ... Mon, 04 Mar 2013 22:00:52 GMT http://www.mail.com/business/finance/1929864-cyprus-oks-audit-anti-money-laundering-policies.html 2013-03-04T22:00:52Z http://www.mail.com/business/economy/1929592-hsbc-profit-drops-money-laundering-fine.html LONDON (AP) — The HSBC banking group saw its net profits drop nearly 17 percent in 2012, as it counted the cost of a hefty U.S. fine it paid to settle money-laundering claims. But earnings remained robust at $13.5 billion as Asian businesses performed well. HSBC paid nearly $2 billion last year to settle a money-laundering case involving illicit drug mone... Mon, 04 Mar 2013 13:23:43 GMT http://www.mail.com/business/economy/1929592-hsbc-profit-drops-money-laundering-fine.html 2013-03-04T13:23:43Z http://www.mail.com/entertainment/lifestyle/1925962-us-seizes-2200-pieces-artwork-nj.html NEWARK, N.J. (AP) — The massive trove of artwork arrived in New Jersey last year from Texas on an 18-wheeler — its contents a mystery. After five days of inventory, the haul proved to be significant: more than 1,100 pieces of art, mostly works by some of the nation's most influential photographers, including Alfred Stieglitz and Edward Weston. ... Sat, 02 Mar 2013 01:57:47 GMT http://www.mail.com/entertainment/lifestyle/1925962-us-seizes-2200-pieces-artwork-nj.html 2013-03-02T01:57:47Z http://www.mail.com/scitech/news/1899612-costa-rica-toughens-stance-us-backed-drug-fight.html LIBERIA, Costa Rica (AP) — On a recent Friday morning at a gleaming new international airport in Costa Rica, hundreds of tourists from New York and Minnesota emerged blinking onto the sun-blasted tarmac. At the other end of the runway, eight Americans zipped into tan flight suits aboard a massive white surveillance plane. As four propellers roared, the P3... Mon, 18 Feb 2013 23:34:13 GMT http://www.mail.com/scitech/news/1899612-costa-rica-toughens-stance-us-backed-drug-fight.html 2013-02-18T23:34:13Z http://www.mail.com/business/finance/1899262-ecb-cyprus-aid-with-anti-money-laundering-control.html BRUSSELS (AP) — The European Central Bank chief says a financial rescue package for Cyprus must be accompanied by close and continuous monitoring of its progress in implementing anti-money-laundering policies. Mario Draghi on Monday told European lawmakers that it is not sufficient to put all relevant laws on the books, adding the crucial part is implemen... Mon, 18 Feb 2013 15:51:14 GMT http://www.mail.com/business/finance/1899262-ecb-cyprus-aid-with-anti-money-laundering-control.html 2013-02-18T15:51:14Z http://www.mail.com/business/economy/1887102-greek-prosecutors-bring-charges-depuy-deals.html ATHENS, Greece (AP) — Greek prosecutors have brought criminal corruption charges related to state hospital purchases from DePuy, a subsidiary of U.S. healthcare giant Johnson & Johnson. Court officials said Tuesday that five DePuy officials have been charged with bribery and money laundering over deals between 1998 and 2006. The names of the five were not... Tue, 12 Feb 2013 18:49:00 GMT http://www.mail.com/business/economy/1887102-greek-prosecutors-bring-charges-depuy-deals.html 2013-02-12T18:49:00Z http://www.mail.com/news/politics/1883498-fla-gop-chief-pleads-guilty-trial.html ORLANDO, Fla. (AP) — The criminal trial of former Republican Party of Florida chair Jim Greer had promised to be embarrassing for party leaders, rising Republican star Marco Rubio and former Gov. Charlie Crist, who is contemplating a new political future as a Democrat. But Greer's guilty pleas on Monday to four counts of theft and a single count of money ... Mon, 11 Feb 2013 19:54:00 GMT http://www.mail.com/news/politics/1883498-fla-gop-chief-pleads-guilty-trial.html 2013-02-11T19:54:00Z http://www.mail.com/business/economy/1853618-russia-to-contribute-to-cyprus-bailout.html NICOSIA, Cyprus (AP) — Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance minister said Tuesday. Vassos Shiarly said leaders from the other 16 EU countries that use the euro are in "high level" talks with Moscow about a contribution to the bailout and that ... Tue, 29 Jan 2013 16:45:00 GMT http://www.mail.com/business/economy/1853618-russia-to-contribute-to-cyprus-bailout.html 2013-01-29T16:45:00Z http://www.mail.com/sports/football/1844032-nfl-kicker-erxleben-charged-with-fraud.html AUSTIN, Texas (AP) — Former Texas All-American and NFL kicker and punter Russell Erxleben, who previously served a federal prison sentence for securities fraud, was arrested Thursday on new charges of running an illegal Ponzi investment scam that netted more than $2 million. According to a federal indictment, the 56-year-old Erxleben scammed investors fro... Thu, 24 Jan 2013 21:22:00 GMT http://www.mail.com/sports/football/1844032-nfl-kicker-erxleben-charged-with-fraud.html 2013-01-24T21:22:00Z http://www.mail.com/business/economy/1806472-teliasonera-denies-charges-uzbekistan-bribery.html STOCKHOLM (AP) — The Nordic telecommunications company TeliaSonera on Tuesday refuted allegations that two of its employees engaged in bribery and money laundering while launching operations in Uzbekistan several years ago, despite fresh evidence from prosecutors. In 2007, TeliaSonera signed a 2.3 billion kroner ($350 million) deal with an Uzbek firm, Tak... Tue, 08 Jan 2013 17:03:00 GMT http://www.mail.com/business/economy/1806472-teliasonera-denies-charges-uzbekistan-bribery.html 2013-01-08T17:03:00Z http://www.mail.com/news/world/1778260-thailand-to-extradite-italian-accused-mob-ties.html BANGKOK (AP) — A Thai court on Thursday ordered the extradition of a fugitive Italian banker found guilty of laundering money for some of Italy's top mobsters through New York pizzerias in the 1970s and '80s. Handcuffed and dressed in an orange prison uniform, Vito Roberto Palazzolo told a judge, "This is not the rule of law!" Guards then escorted him to ... Thu, 20 Dec 2012 07:27:00 GMT http://www.mail.com/news/world/1778260-thailand-to-extradite-italian-accused-mob-ties.html 2012-12-20T07:27:00Z http://www.mail.com/business/economy/1773348-too-big-to-jail-execs-avoid-laundering-charges.html NEW YORK (AP) — When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels. But to some former federal prosecutors, it was only the latest case of the govern... Tue, 18 Dec 2012 19:56:00 GMT http://www.mail.com/business/economy/1773348-too-big-to-jail-execs-avoid-laundering-charges.html 2012-12-18T19:56:00Z http://www.mail.com/news/world/1764006-israeli-fm-charged-with-breach-trust.html JERUSALEM (AP) — Israel's powerful foreign minister was charged Thursday with breach of trust for actions that allegedly compromised a criminal investigation into his business dealings, throwing the country's election campaign into disarray just weeks before the vote. While Avigdor Lieberman was cleared of more serious allegations against him, the indictm... Thu, 13 Dec 2012 20:57:00 GMT http://www.mail.com/news/world/1764006-israeli-fm-charged-with-breach-trust.html 2012-12-13T20:57:00Z http://www.mail.com/business/finance/1759400-us-defends-19b-deal-with-british-banking-giant.html NEW YORK (AP) — American authorities on Tuesday cited "astonishing" dysfunction at the British bank HSBC and said that it had helped Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or sanction to move money around the world. HSBC agreed to pay $1.9 billion, the largest penalty ever imposed on a bank. The U.S. stopped short of chargin... Tue, 11 Dec 2012 20:37:00 GMT http://www.mail.com/business/finance/1759400-us-defends-19b-deal-with-british-banking-giant.html 2012-12-11T20:37:00Z http://www.mail.com/business/finance/1757606-hsbc-to-pay-19b-to-settle-money-laundering-case.html NEW YORK (AP) — British bank HSBC has agreed to pay $1.9 billion to settle a New York based-probe in connection with the laundering of money from narcotics traffickers in Mexico, U.S. authorities announced Tuesday. The move avoids a legal battle that could further savage the bank's reputation and undermine confidence in the global banking system. The anno... Tue, 11 Dec 2012 16:38:00 GMT http://www.mail.com/business/finance/1757606-hsbc-to-pay-19b-to-settle-money-laundering-case.html 2012-12-11T16:38:00Z http://www.mail.com/news/politics/1758382-govt-outlines-hsbc-ties-to-drug-money-laundering.html WASHINGTON (AP) — British bank HSBC violated the Bank Secrecy Act in connection with the laundering of money from narcotics drug traffickers in Mexico and intentionally allowed prohibited transactions with Iran and other nations that have been under sanctions, the Justice Department alleged Tuesday. In court papers filed in federal court in Brooklyn, the ... Tue, 11 Dec 2012 16:06:00 GMT http://www.mail.com/news/politics/1758382-govt-outlines-hsbc-ties-to-drug-money-laundering.html 2012-12-11T16:06:00Z