Money Laundering Scams News Monitoring

189 people under probe for suspected involvement in 1,000 scam cases

The 138 men and 51 women, aged between 16 and 66, are suspected to be scammers or money mules.ST PHOTO: LIM YAOHUI SINGAPORE – A total of 189 people are being investigated for suspected involvement in 1,000 scam cases, in which victims lost more than $6.65 …

Cash-for-job scam: ED court begins framing of charges against ex-WB minister Partha Chatterjee

Following the Supreme Court of India's deadline, a special ED court in Kolkata began framing charges on Thursday against former West Bengal education minister Partha Chatterjee in connection with a money laundering case linked to the alleged West …

Oregon small businesses face scams, language barriers over federal reporting law

Small businesses with 20 employees or fewer are now required to file a beneficial ownership information report with the U.S. Treasury Department. The Jan. 1, 2025 deadline is currently voluntary due to pending litigation. Reporting started last New Year’s …

Bid to acquire proceeds of crime can’t be termed money laundering: Court on coal ‘scam’

A court in Delhi on Monday refused to take cognisance of chargesheets by ED in coal “scams” cases, saying that “an attempt to acquire proceeds of crime or anticipating undue benefits cannot be termed money laundering”. In a case related to application for …

Former Bengal minister Partha Chatterjee, four others denied bail in recruitment scam case

The Calcutta High Court on Tuesday rejected the bail petitions of former West Bengal minister Partha Chatterjee and four officials in a case about alleged corruption in recruiting teachers, PTI reported. The Central Bureau of Investigation is conducting …

Money laundering on the rise in Morocco as crackdowns intensify

Moroccan authorities reported a significant increase in financial crimes, particularly money laundering and forgery, over the past year.  The Directorate General of National Security revealed that cases related to money laundering surged by 27% in 2024, …

Coal-scam: Attempt to acquire proceeds of crime cannot be termed money laundering, says court

New Delhi, Dec 25 (PTI) A Delhi court has refused to take cognisance of a chargesheet against Adhunik Corporation Limited and its two directors in a coal scam case lodged by the ED, saying an attempt to acquire proceeds of crime or anticipating undue …

ED investigates role of Canadian colleges, Indian entities in money laundering, human trafficking 

The Enforcement Directorate is investigating the ‘involvement’ of certain Canadian colleges and a few Indian entities in a money laundering case related to trafficking of Indians into the US from the Canada border. Agents and partners in this scam are …

Coal-scam: Attempt to acquire proceeds of crime cannot be termed money laundering, says court

Ex-Army Officer Trapped In Digital Arrest Scam, Loses Rs 1 Crore

Cuttack: An ex-Army officer from Cuttack has been robbed of over Rs 1 crore after he was trapped in a digital arrest scam. Cuttack ADCP Amarendra Panda said that the incident occurred on November 18 when the former Army officer received a video call around …

Bengal school job case: ED records show Partha Chatterjee biggest beneficiary in total scam

Kolkata, Dec 25 (IANS): Former West Bengal Education Minister and Trinamool Congress Secretary General Partha Chatterjee and his close associate Arpita Mukherjee have been shown as the highest beneficiaries in the total scam amount of Rs 151.26 crore in …

Delhi court rejects ED charge sheet in coal scam case, finds “no sufficient material”

A Delhi court has declined to take cognizance of a charge sheet/prosecution complaint filed by the Enforcement Directorate (ED) against Adhunik Corporation Limited and its two directors in a coal scam case. The Special Judge Arun Bhardwaj in an order …

EFS, money laundering: PCA South uncovers another Rs478m scam

KARACHI: Post Clearance Audit (PCA) South has uncovered another Export Facilitation Scheme (EFS) and money laundering scam, involving tax evasion of Rs478 million. During a physical inspection on December 18, investigators discovered the illegal removal of …

World News | Nepal Leader Lamichhane Suspended from Parliament Following Money Laundering Charges

Kathmandu, Dec 23 (PTI) Rastriya Swatantra Party (RSP) chairman and former Nepal home minister Rabi Lamichhane was on Monday suspended from his position as an MP following the filing of charges under the Money Laundering Prevention Act, 2008. Issuing a …

Digital Arrest Scammers Target Japanese Man In Bengaluru, Con Him Of Rs 35 Lakhs

Bengaluru: A Japanese national working in Bengaluru lost Rs 35.5 lakh to cyber fraudsters, who posed as Mumbai Police officers and placed him under "digital arrest", alleging his involvement in a money laundering case.  According to the police, …

Two Californians charged in the largest NFT fraud case to date

SUMMARY Two California men charged in the largest NFT fraud case, stealing $22M via “rug pull” schemes. Fraudulent projects included “Vault of Gems” and “Faceless,” promising false features. Defendants allegedly intimidated others and hid their involvement …

Well-fed viral lone wolf meets tragic end after being hit by lorry

Compiled by C. ARUNO and JUSTIN ZACK A WOLF in China’s Qinghai province that became famous for begging food from motorists died after being run over by a lorry, China Press reported. Dubbed the “Influencer Wolf”, the canine began approaching people for …

Framing of charges begin in school jobs case, ED alleges Partha floated firms to launder money

The Enforcement Directorate (ED), probing the alleged money laundering angle in the schools jobs case, on Thursday told the trial court here that former education minister Partha Chatterjee used the “scam money” to buy properties and floated several benami …

Two more fall victim to scams in Johor, say police

JOHOR BARU: A 44-year-old technician here has lost RM172,000 of his hard-earned money after he was enticed by an online scam that promised returns of 400% for his investments. Johor Baru South OCPD Asst Comm Raub Selamat said that on Nov 2, the victim …

BLG International Secures $505 Million SKR Assignment, Redefining the Landscape of Global Trade Finance

BLG International Secures $505 Million SKR Assignment, Redefining the Landscape of Global Trade Finance NEW YORK, NY, UNITED STATES, December 27, 2024 /⁨EINPresswire.com⁩/ -- In a groundbreaking move that has captured global attention, BLG …

SEO Image Leads the Charge in Generative Engine Optimization (GEO) Services

Generative Engine Optimization (GEO) emerges as a key strategy for optimizing content for AI-driven search engines, reshaping the future of digital search. NEW YORK, NY, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- SEO Image is making …

Best Foot Forward Continues Its Steady Rapid Growth Bringing on Two New Managers to Expand Firm’s Breadth and Reach

Rosalynn LeNoir Appointed as Manager of West Region Business Development and Ben Chocron Joins as Director of Client and Project Management CHICAGO, IL, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Best Foot Forward (BFF), a health …

AI-Driven Cybercrime Driving Cybersecurity Insurance Needs

With AI-driven cyberattacks on the rise, cybersecurity insurance proves indispensable for small businesses. HOUSTON, TX, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Leading invoice funding company Charter Capital says cybersecurity …

Stillwater Wellness Group Offers New Beginnings this New Year with its Couples Rehab in Lake Forest

Prioritize your health and well-being with personalized care and expert support. LAKE FOREST, CA, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- As we approach 2025, Still Water Wellness Group is proud to announce the launch of its …

Start 2025 Strong: Oceans Luxury Rehab Redefines Addiction Recovery in Orange County, California

Luxury amenities, tailored care, and discreet services provide a transformative recovery experience for the New Year. ORANGE COUNTY, CA, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- As the year is coming to an end, Oceans Luxury …

Gustavo Salinas Drives $120 Million in Global Sales Through Transformative Coaching and Financial Strategies

DUBAI, UNITED ARAB EMIRATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Entrepreneur and motivational speaker, Gustavo Salinas, is pleased to announce he has established himself as a leading figure in the world of business transformation, driving …

OS Therapies Partners with B2i Digital to Engage with Biotech Investors Online

Digital Marketing Campaign to Highlight Clinical-Stage Cancer Innovation OST-HER2 that activates cellular immunity against HER2+ cancer OS Therapies, Inc. (NYSE:OSTX) NEW YORK, NY, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- OS …

Fresh Home Loan Inc. Introduces Game-Changing '15 Days Same as Cash' Program for Bay Area Homebuyers

Revolutionizing Real Estate Transactions with Speed and Efficiency to Compete in a High-Stakes Market SAN FRANCISCO BAY AREA, CA, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- In one of the nation’s most competitive real estate markets, …

Microsoft’s CoPilot Opines TravelingWiki “Potentially Influenc(es) Market Perceptions & Attract(s) Investment(s)”

Microsoft’s CoPilot Opines TravelingWiki “Potentially Influenc(es) Market Perceptions & Attract(s) Investment in the Travel and Technology Sectors” DENVER, CO, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- TravelingWiki Foundation …

ZT Mining Launches a Free Cloud Mining Website to Empower Cryptocurrency Enthusiasts Worldwide

ZT Mining offers free cloud mining, empowering users to mine crypto easily with no upfront costs. Eco-friendly and user-focused, it's ideal for beginners. READING, ENGLAND, UNITED KINGDOM, December 26, 2024 /⁨EINPresswire.com⁩/ -- ZT Mining, a …

DAFZ Bolsters Strategic UAE-Türkiye Economic Alliance, Assigns Türkiye Operations to Interlink

Collaboration Marks a Milestone in the Comprehensive Economic Partnership Agreement (CEPA) and Enhances Bilateral Economic Ties DUBAI, UNITED ARAB EMIRATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Turkish Companies to Gain Streamlined Access to …

CBiBank Launches the '2024 CBiBank Future Global Awards' to Honor Cross-Border Industry Leaders

WA, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Riding the wave of globalization, cross-border enterprises are driving industry advancement with their innovation and market excellence. As a leading global financial service provider, …

Lonestar Transfer Reflects on 2024 Success Saving Over $425 Million for Owners

ROYSE CITY, TX, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Lonestar Transfer, the leading company specializing in timeshare exit services, is proud to announce that in 2024, it has successfully helped timeshare owners save over $425 …

Condor Capital Wealth Management Ranks 47th in Financial Planning’s 2024 Best RIAs to Work for

MARTINSVILLE, NJ, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- Condor Capital Wealth Management was recently named as one of the 2024 Best RIAs to Work for. Financial Planning has partnered with Best Companies Group to identify …

Remee Wire & Cable’s Class 4 Fault-Managed Power Cabling Installed in Largest LED Lighting Project

FLORIDA, N.Y., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Remee Wire & Cable, a leading manufacturer of electronic wire and cable, announced the installation of their PowerPipe™ Class 4 Fault-Managed Power (FMP) Cabling System in a large-scale warehouse …

Bitget e LALIGA lançam bolão gratuito que irá premiar vencedores com USDT

VICTORIA, Seychelles, Dec. 26, 2024 (GLOBE NEWSWIRE) -- A Bitget, uma das melhores corretoras de criptomoedas e empresa da Web3 do mundo, lança em parceria com a LALIGA o Desafio de Previsão de Partidas, uma competição de bolão gratuita e exclusiva que …

M&A Deal #84 by Berg Consulting Group

DENVER, CO, UNITED STATES, December 26, 2024 /⁨EINPresswire.com⁩/ -- M&A Deal #84 by Berg Consulting Group Berg Consulting Group, the leader in Mergers and Acquisitions (M&A) to the Background Screening Industry, is proud to announce our …

ACET Founder Acme Proposes Using Bitcoin Integration to Transform Thailand Economy

LONDON, UK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- In a strategic move to position Thailand as a global leader in Blockchain technology, Acme Worawat, founder of the ACET (ACT) digital currency, has unveiled an ambitious proposal to integrate Bitcoin into …

Bitget to Merge BGB and BWB Tokens, Advancing a Unified Onchain Ecosystem

VICTORIA, Seychelles, Dec. 26, 2024 (GLOBE NEWSWIRE) --  Bitget, the leading cryptocurrency exchange and Web3 company, has announced the merger of its native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). The move, driven by strong community …