Search Results for: Department of Justice
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
What You Do On Your Cell Phone Could Come Back To Haunt You
March 20th, 2017
As far as Big Brother is concerned, nothing that you do on your cell phone is ever private. And if the government really wants to see what is on your cell phone, they are going to get that information ...
Fresh legal challenge over Brexit goes to the High Court
February 3rd, 2017
It is being brought by a group of campaigners who want a “soft Brexit” and to keep Britain in the European single market. They include Peter Wilding, chairman of the pro-Europe pressure group British Influence, who is credited with ...
Is Trump’s immigration order legal?
February 2nd, 2017
Senate Majority Leader Mitch McConnell may have offered the most prescient reaction to President Donald Trump’s executive order suspending refugee resettlement and blocking individuals from seven majority-Muslim nations from entering the United States. “It’s going to be decided in ...
More than 25,000 people in UK join legal action against Volkswagen
January 30th, 2017
More than 25,000 British motorists have joined legal action against car giant Volkswagen over the ‘dieselgate’ emissions scandal. Motorists take their fight to the High Court today seeking a green light to proceed with the UK’s first ‘class action’. ...
Three traders were charged with conspiring in forex rigging probe
January 11th, 2017
The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the manipulation of foreign exchange rates at major banks. Richard Usher, ...
Deutsche Bank settles tax fraud suit for $95 million
January 6th, 2017
Deutsche Bank AG agreed Wednesday to pay the U.S. government $95 million to settle a tax fraud lawsuit. The suit, filed in 2014, claimed the German bank used shell companies to evade paying tens of millions of dollars in ...
CySec issued a Circular in relation to Whistleblowers
January 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular for persons wishing to report cases of actual or potential infringement of Regulation (EU) No 596/2014 on market abuse– Whistle-blowers. The Subject of the circular is “Procedures for ...
Female lawyers in Saudi courts: ‘We are equal to male counterparts’
December 30th, 2016
After years of being prohibited from appearing in court, female lawyers in 2013 achieved a significant victory in being able to practice law and argue their cases in Saudi courtrooms. Female lawyers have the right to advocate for issues ...
Law Firms’ Accounts Pose Money-Laundering Risk
December 27th, 2016
Law Firms’ Accounts Pose Money-Laundering Risk Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say Tens of billions of dollars every year move through opaque law-firm bank ...
