Money Laundering News Monitoring

Four arrests made at company in Venray for alleged money laundering and drug trafficking

The police made four arrests on Wednesday morning in connection with an investigation into large-scale money laundering and the production and trafficking of narcotics. Just under 30 homes and offices were searched in Noord-Brabant, Gelderland, and Limburg …

Manitoba Ramps up Efforts Against Money Laundering via Casinos

The government of Manitoba, Canada, announced enhanced efforts against money laundering. The latest crackdown comes at a time when more criminals are attempting to launder ill-gained funds, such as money from the sale of Fentanyl, through casinos across …

Money Laundering: EU, NBA, RoLAC push to remove Nigeria from grey list

There are ongoing renewed efforts to remove Nigeria from the European Union’s (EU) high-risk list for money laundering and terrorism financing, with key stakeholders intensifying lobbying to clean up the country’s image. The Rule of Law and Anti-Corruption …

Democrats Panic After Their Horrifying Money Laundering Scheme Was Revealed

As Twitter began to gain popularity around 15 years ago, millions of people in Cuba were looking for a similar website they could use to send short messages to the world. It was difficult to access Twitter itself because Cuba’s communist government …

Spelinspektionen publishes updated money laundering guidance

This comes as reports from the gambling industry to the FIPO are said to be on the rise.  By Ciaran McLoughlin Key points:  - The authority conducted a range of work during 2024 to combat money laundering  - The EU’s anti-money laundering (AML) package was …

Bosnia and Herzegovina urged to strengthen efforts against money laundering and terrorist financing

The Council of Europe’s anti-money laundering body MONEYVAL has released a report urging Bosnia and Herzegovina (BiH) to improve its measures to combat money laundering (ML) and terrorist financing (TF). The assessment highlights moderate effectiveness in …

MONEYVAL warns Bosnia to strengthen anti-money laundering efforts

Bosnia and Herzegovina must improve its understanding of terrorist financing risks, particularly concerning nonprofit organizations and digital assets, enhance the efficiency of the Financial Intelligence Unit, prioritize money laundering investigations, …

ED chargesheet against 19 broking firms in NSEL-linked money laundering case

The Enforcement Directorate (ED) on Wednesday said it filed a chargesheet against 19 broking entities and their directors for allegedly colluding with officials of National Spot Exchange Limited (NSEL) to allure investors to trade on the NSEL platform. The …

Saudi Arabia Approves MoU With Pakistan to Combat Money Laundering

Saudi Arabia has approved a memorandum of understanding (MoU) with Pakistan to curb money laundering and terror financing. The decision was made during a Saudi cabinet session chaired by Crown Prince Mohammed bin Salman on Tuesday, according to the state- …

Manitoba to crack down on money laundering through Liquor & Lotteries information sharing

The provincial government intends to "bring the hammer down" on the people and groups responsible for the slew of drugs that have infiltrated Manitoba communities, Premier Wab Kinew says. Law enforcement in the province will now receive …

Fugitive convicted in Singapore money-laundering case arrested in Europe

Wang Shuiming, convicted in Singapore’s $3 billion money laundering case related to illegal gambling profits, has been arrested in the Balkans. Wang, who held several foreign passports, flew into Montenegro on a private plane. Wang, aka Vang Shuiming, was …

Saudi cabinet approves MoU with Pakistan over money laundering

RIYADH: The Saudi government has approved signing of a memorandum of understanding (MoU) between its General Department of Financial Investigation and Pakistan’s Financial Monitoring Unit (FMU) to combat money laundering, terror financing and related …

Oman recorded nearly 200 cases related to public funds, money laundering in 2024

Muscat: The total number of cases related to public funds and money laundering in 2024 amounted to 192 crimes, including 33 felonies and 159 misdemeanours in the Sultanate of Oman, said the Public Prosecution. The number of cheque and fraud misdemeanors ( …

Singapore Money Laundering Figure Arrested in Montenegro

Chinese national Wang Shuiming, one of the most notorious figures in the August 2023 Singapore S$3 billion money laundering case that damaged the city’s reputation as a financial hub and led the government to dramatically tighten its banking procedures, …

EFCC Presents More Evidence Against Mompha In ₦6Bn Money Laundering Case

The Economic and Financial Crimes Commission (EFCC) on Monday presented additional documents as evidence against social media celebrity Ismaila Mustapha, popularly known as Mompha, in his ₦6 billion money laundering case. According to DAILY POST case is …

NSEL money laundering case: ED files fresh chargesheet

Bombay HC grants bail to Suraj Chavan in COVID-19 khichdi scam money laundering case

The Bombay High Court has granted bail to Suraj Chavan in a money laundering case related to the 'khichdi scam' during the Covid-19 lockdown. Chavan contested his arrest, citing procedural violations and a lack of evidence. The scam allegedly …

Bombay high court grants bail to Suraj Chavan in COVID-19 khichdi scam money laundering case

On Tuesday, the Bombay High Court granted bail to Suraj Chavan, arrested for alleged involvement in a money laundering case linked to the 'khichdi scam' during the COVID-19 pandemic. Despite opposition from the Enforcement Directorate, the court …

Human rights group to ask NCA to investigate Shein money laundering allegations

Credit: Shutterstock/Jonathan Weiss The group’s lawyers said they plan to ask the NCA to investigate if Shein’s UK assets may be criminal proceeds and said there is a “real risk” that its products and any shares it might issue could also be considered …

Outsourced Bookkeeping and Accounting Services Drive Growth for New Jersey Businesses

New Jersey businesses embrace outsourced bookkeeping to improve efficiency, ensure compliance, and drive long-term success. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida – February 5, 2025 – Amid rising …

LoanPASS integrates with Fannie Mae’s Pricing & Execution Whole Loan Platform

New integration aimed to enhance accuracy and efficiency of loan pricing with real-time data retrieval from Fannie Mae MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- LoanPASS, a provider of loan decisioning and pricing …

FICO® Board Member Announces Personal Investment and Advisory Role in Trust Science®

www.TrustScience.com Inc. is proud to announce that Joanna Rees, a distinguished Board Member of FICO has personally invested and joined its Board of Advisors. SAN FRANCISCO, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- www. …

Permutable AI Launches GenAI Digital Trading Analyst for Commodities Markets

Permutable AI unveils its GenAI-powered Analyst View, enhancing Trading Co-Pilot with geolocation filters & AI-driven insights for commodities traders. LONDON, MIDDLESEX, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Permutable AI, …

Acuity Trading Partners with Aquariux FintechQX to Transform Forex Trading

LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Acuity Trading, a global leader in market sentiment analysis, has partnered with Aquariux Fintech’s AQX Trader, an innovative fintech software solutions company. This collaboration …

HSI Releases New Artificial Intelligence Capabilities, Strengthening Leadership Position Among EHS AI Offerings

The latest capabilities are part of a series of advancements focused on improving training in the workplace FRISCO, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- HSI, a global leader in EHSQ & ESG software solutions, safety …

Top Journalist, Racial Justice Champion Bankole Thompson Keynotes Nation's DEI Leaders Historic Summit

DETROIT, MI, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- How are cities that have Diversity, Equity and Inclusion Departments going to fare in the era of the anti-DEI campaign? Do they have a strategy for navigating the current …

Live Executive Presentation for Creatio.ai — AI-Native Automation that Makes the Work Flow

Join the digital event on March 11 to discover how Creatio.ai reimagines CRM automation with agents and advanced AI skills BOSTON, MA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of an AI-Native platform to …

Small Personal Loans Market to Reach $158.7 Billion, Globally, by 2032 at 20.1% CAGR: Allied Market Research

The small personal loans market is growing due to several factors, such as flexibility in load amounts & terms and an increase in technological enhancements. NEW CASTLE, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market …

Private Equity Looks to Private Wealth and Secondaries as Fundraising and Liquidity Challenges Persist

With Intelligence 2025 Private Equity Outlook Charts the Major Trends Driving the Industry LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- A cocktail of global economic uncertainty, lingering inflation, geopolitical conflict, and …

revolv Real Estate of Massachusetts Elevates Agent Success with Premier Coaching & PR Collaboration

Under the Leadership of Cory DaSilva, revolv Strengthens Agent Business Growth While Showcasing Local Stories & Community Ties SOMERSET, MA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- revolv Real Estate is excited to announce its …

AI in Banking Market Set for Rapid Expansion, Forecasted to Reach USD 64.03 Billion by 2030 with a Remarkable 32.6% CAGR

Artificial Intelligence (AI) brings the advantage of digitization to banks and helps them meet the competition posed by FinTech players. WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a …

CBiBank Introduces Comprehensive Trade Finance Services

FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- CBiBank is pleased to announce the launch of a suite of trade finance services, including letters of credit, bank guarantees, and documentary collection. About CBiBank CBiBank is a …

Keeper Security and Ingram Micro Expand Relationship to Empower MSPs With Innovative Cybersecurity Solutions

Collaboration deepens Keeper’s relationship with Ingram Micro, delivering innovative solutions that empower MSPs to tackle evolving cybersecurity challenges LONDON, LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Keeper Security, …

Epos Now Expands Capital Offering to Ireland and Spain in Partnership with YouLend

Epos Now expands its Capital programme with YouLend to Ireland & Spain, offering fast, safe, and flexible funding for SMEs. LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Epos Now, a leading AI-driven point-of-sale and …

Almost two thirds of top private equity energy portfolio companies are fossil fuel companies

Private Equity Climate Risks researchers update searchable database of top private equity energy portfolios CHICAGO, IL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The Private Equity Energy Tracker has been updated through January …

Global Reverse Factoring Market: In-Depth Analysis of Trends, Dynamics, and Competitive Landscape | At a CAGR of 11.2%

Global Reverse Factoring Market: In-Depth Analysis of Trends, Dynamics, and Competitive Landscape | At a CAGR of 11.2% NEW CASTLE, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, …

Digital Remittance Market ($83.6 Bn) Transforming Economies with 16.3% CAGR Growth Through 2032

($83.6 Bn) From Cash to Code: The Role of Digital Remittance in Unlocking Economic Growth at a CAGR of 16.3% by 2032 WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Digital remittance is a process of sending money …

Data challenges leave 83% of businesses unprepared for mandated CSRD reporting, reveals Semarchy study

28% of businesses have centralised tools to govern and monitor ESG data effectively. 68% of businesses say data leaders are accountable for compliance. LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- London, UK, 28 January 2025 …

FPC and jNet Secure Unveil Biometric SiP Module - A Game-Changer for Passwordless Authentication

Fingerprints and jNet Secure unveil a groundbreaking biometric SiP module, enabling secure, scalable, and passwordless authentication solutions. Fingerprint Cards AB (NASDAQ:FING B) LOS GATOS, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩…