OneCoin Lawyer Argues Against Conviction, Claims Insufficient Evidence
The legal team of Mark Scott, one of the accused in the OneCoin fraud scheme, argued in court that there was insufficient evidence against him in the case. Pushing back ...
Tag: Laundering
Russians Will Need a Special ‘Visa’ to Fund Crypto Accounts from Russian Banks
Crypto owners will soon be required to submit their token information for identification purposes id a bill is passed successfully in the State of Duma. The operations with digital tokens ...
Europol’s Conference on Criminal Finances and Cryptos – Agenda for 2019
On March 6-7, 2019, the Global Conference on Criminal Finances and Cryptocurrencies kicks off at Europol's unique premises. Co-founded and co-organised by the Basel Institute on Governance, the conference is ...
Three of Europe’s Banking Giants Accused of Money Laundering Lately. Total of $238 Billion Involved
The largest Nordic Bank is the latest victim of the region’s widespread money laundering scandal. Nordea Bank Abp supposedly handled almost 700 million euros (equivalent to $793 million) in disputed ...
Swedbank Suspected of $5.8 Billion Money Laundering
Swedbank is among the largest banks operating in Scandinavia and Baltics. Recent revelations show that the bank may have been used for wide-ranging, organized money laundering for almost a decade. ...
Estonia Expels Danske Bank in Response to Historic Money Laundering Scandal
On February 19, 2019, the Board of Estonia's Financial Supervision Authority issued a precept to Danske Bank to prohibit the activities of the bank's branch in Estonia. The Bank must ...