Sentences with phrase «laundering money on»

Also at 11 a.m., Rep. Carolyn Maloney and Manhattan District Attorney Cyrus Vance call on Congress to stop anonymous shell corporations from laundering money on behalf of criminal and terrorist organizations, City Hall steps, Manhattan.

After a slow and grudging response to the initial revelations, Cameron finally published six years of personal tax returns at the weekend, and for good measure Monday promised new legislation to make companies criminally liable if they fail to stop their employees laundering money on clients» behalf.

Criminal Cases Review Commission again involved defendants who had been convicted of conspiracy to launder money on the basis that they had reasonable cause to suspect that the money was the proceeds of crime.

Not exact matches

Manafort and his longtime business associate Rick Gates were indicted last week on charges related to alleged financial crimes that include money laundering and tax fraud.

BlackRock CEO Larry Fink took a shot at cryptocurrency bitcoin on Friday, calling it an «index of money laundering.»

Chinese regulators have been on the forefront of a global push to rein in the frenzy surrounding cryptocurrencies amid concerns over excessive speculation, money laundering, tax evasion and fraud.

The man, Ross Ulbricht, was convicted of seven felonies, including trafficking drugs on the internet, narcotics - trafficking conspiracy, running a continuing criminal enterprise, computer hacking, and money laundering.

But the system is collapsing as Beijing tightens up on money laundering and capital flight.

He explained how his office managed to nail down foreign nationals who engaged in murder and money laundering on American soil with the blessing of their state.

The country is inspecting some banks in a crackdown on related money laundering and is considering closing cryptocurrency exchanges.

On April 15, 2011, a day that would later become known as Black Friday in the online poker community, the Department of Justice shuttered two major online poker giants, PokerStars and Full Tilt Poker, accusing the company founders of fraud, money laundering, and operating a Ponzi scheme.

The United States on Wednesday declared North Korea a «primary money laundering concern,» and moved to further block its ability to use the U.S. and world financial systems to fund its weapons programs.

The Philippine central bank is bolstering cyber security surveillance to help boost banks» defenses and is looking at regulating bitcoin operators to combat money laundering, a senior official said on Saturday.

The owner was Kola Aluko, a Nigerian billionaire who's been charged with money laundering and was in default on a mortgage on the property.

«The notion that [prosecutors] could go to Manafort, for example, and say «All right, Manafort, we've got you on money laundering, tax evasion, whatever.

«Donald had to agree to every term of every deal and had to sign off on everything,» Kriss, who worked with the real - estate company Bayrock before leaving because he was convinced it was a money - laundering front, told O'Brien last month.

The bank's board reiterated its support for management on Friday and said Societe Generale was «especially vigilant» over the application of rules and safeguards against money laundering and tax evasion.

Japanese policymakers fear that while there is broad consensus among the G20 nations on the need for such steps, some nations have looser regulations than others, which leaves loopholes for money laundering, the official said.

Speaking in Toronto at the Canadian Club this morning, he stressed the proposal is aimed at cracking down on international money laundering and terrorism financing.

Jacob «Kobi» Alexander Former CEO Comverse Technology Charges: In 2007, Alexander was indicted on 35 counts of conspiracy, securities fraud and money laundering in connection with backdating stock options.

LONDON — Britain is set to make its overseas tax havens disclose the true owners of companies registered there in a bid to clamp down on tax avoidance and money - laundering.

LONDON (AP)-- Britain is set to make its overseas tax havens disclose the true owners of companies registered there in a bid to clamp down on tax avoidance and money - laundering.

The letter also reminds casinos that they must take a risk - based approach to compliance, focusing on gaming that presents the greatest money laundering threat.

ABUJA, March 6 - Nigeria's lower house of parliament passed a bill on Tuesday aimed at helping authorities to tackle money laundering and funding for terrorism.

ABUJA, March 7 - Nigeria's parliament passed legislation on Wednesday meant to help authorities tackle money laundering and funding for terrorism by allowing its financial intelligence unit to operate free of state control.

Manafort and Gates were indicted on 12 counts, including money laundering, conspiracy against the United States and more, according to court filings.

It came crashing down hard on Friday as a federal judge in Manhattan sentenced Ulbricht to serve the rest of his life in prison, following his earlier conviction on seven charges related to conspiracy, narcotics and money - laundering.

Together with Manafort, Gates had been indicted on 12 charges related to money laundering, tax fraud, failure to register as foreign agents, and conspiracy against the United States.

Money laundering and tax evasion are clearly issues that weigh on the minds of bureaucrats and politicians alike.

A bill currently in the House of Representatives calls for a report on (and strategy to combat) the use of cryptocurrencies in financing terrorism, laundering money, evading US sanctions, and otherwise threatening American national security.

Le Maire elaborated about Landau's special task: «This mission will propose reorientations on the evolution of [cryptocurrency, and] regulation to better control development, prevent their use for [the] purposes of tax evasion, money laundering, or financing of criminals or terrorism.»

The CFTC is also working with the Federal Bureau of Investigation on money laundering and terrorist financing issues, Giancarlo said.

In a blog post on Tuesday, IMF head Christine Lagarde wrote that cryptocurrencies need regulation in order to crack down on crimes like money laundering and terrorist financing.

Its overall goals include impeding money laundering, insider trading, and price rigging on exchanges.

I believe that the mainstream media, when discussing bitcoin and the risk of money laundering activities associated with it, fails to consider or comment on the hypocrisy issue discussed above.

As reported before, one of the two decree drafts specifically eyed regulation on cryptocurrency taxation in an effort to prevent money laundering and tax avoidance.

Spoiler alert: she does not go into detail about how fentanyl dealers used the real estate market to launder drug money or how B.C. casinos (also big donors to her party) helped international high rollers convert duffel bags of dirty cash into down payments on luxury homes.

The legal problems began in January when a federal grand jury indicted three company officials and a South Texas mayor on charges of fraud and money laundering.

PV: «The way it works, is someone like the Financial Crimes Enforcement Network (FinCEN) issues guidance on money laundering, and the states... say, «Okay, this is about money transmission,» and things like that can lead to the creation and issuance of a BitLicense.»

FINMA's guidance is related to legal and security concerns surrounding «provisions on combating money laundering and terrorist financing; banking law provisions; provisions on securities trading; and provisions set out in collective investment scheme legislation.»

Also on Tuesday, Canada said it will toughen rules targeting money laundering and terrorist financing to keep a closer eye on the use of virtual currencies.

Mark Branson, chief executive of the Swiss financial regulator FINMA, said on April 7 that it is dealing with a number of money laundering cases that look like «blatant and massive corruption», citing controversies around Brazil's Petrobras and 1MDB as two prominent examples.

He suggested that there would be a violation of campaign finance laws if Trump and Cohen structured the payment «in a way to avoid detection or in an effort to make it appear to be something that it was not, namely, a retainer payment as opposed to $ 130,000 reimbursement, that may involve money laundering depending on how it was handled.»

In the US, the Department of Justice (DOJ) formally indicted Vinnik on 21 charges related to money laundering and the operation of an unlicensed money exchange.

IPIC's main source of shame, however, is its entanglement in a global money laundering investigation centred on 1MDB.

Bitcoin, a digital currency that is traded on a peer - to - peer network independent of central control, has engendered a wave of creative criminality - from bitcoin theft by hacking online platforms to potentially using the crypto - currency in money laundering, bribery and buying illicit products.

«In order to hide Ukraine payments from United States authorities, from approximately 2006 through at least 2016, Manafort and GATES laundered the money through scores of United States and foreign corporations, partnerships, and bank accounts,» according to court filings released on Friday.

The US government insists that any business exchanging cryptocurrency with US customers must be licensed as a «money services business» on the grounds that it could be used for funds transmission and thereby (like a bank) for «money laundering.»

In the same month, the Austrian Minister of Finance proposed the imposition of laws relating to financial derivatives on crypto currency to prevent money laundering using the digital currency.

Reports that Iran developed its own blockchain - based cryptocurrency also garnered some attention, as the news came just days after the country's central bank banned bitcoin trading amid escalating concerns on money - laundering and volatility of such digital coins.