Sentences with phrase «over money laundering»

The Central Bank of Russia has insisted on banning their circulation in the country, quoting concerns over money laundering.

Farooq is all praises for cryptocurrency which needs «some evolution» and has also voiced concerns over money laundering which is frequently entered into through the virtual mode.

Regulators have placed six law firms in ongoing «disciplinary processes» as a result of «serious concerns» over money laundering uncovered during a review of 50 firms.

In the past three years, concerns over money laundering has led the SRA to close down eight firms, with a further 14 closing voluntarily.

Rumours went viral on social media on Sunday alleging that Mr Allotey Jacobs was busted over money laundering in Britain while transiting to United States of America.

A Federal High Court in Abuja has remanded the former Governor of Jigawa State, Saminu Turaki, in Kuje Prison, Abuja, over money laundering offences involving about N37bn.

Adorye claims an account of his friend who was on board the same British airline flight 078 suggested that at Heathrow Airport, UK Security officials approached Jacobs on the flight — questioned him over money laundering issues and for a few minutes walked him out of the craft.Ghanapoliticsonline.com

Sources described as «close to» the agency apparently said that the move comes in response to concerns over money laundering and other possible illegal uses of the cryptocurrencies.

Not exact matches

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.

Gery Shalon, Joshua Samuel Aaron and Ziv Orenstein were charged in a 23 - count indictment over crimes including computer hacking, securities fraud, wire fraud, identity theft, illegal Internet gambling and conspiring to commit money laundering.

Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.

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.

And then over the summer the federal government shut down the exchange over its ties to money laundering.

(c) Banks are apprehensive about boarding bitcoin entities over concerns related to money laundering activities which could be carried out by their newly boarded digital currency clients.

In an attempt to halt a currency crisis, and over concerns related to money - laundering, the Central Bank of Iran has banned the banks of the country from dealing in virtual currencies such as Bitcoin.

The end of a five - year agreement over money - laundering lapses removes the threat of authorities yanking the bank's U.S. licence.

The jury of six men and six women needed a little over three hours to deliberate before finding Ulbricht guilty of charges that included conspiracies to commit money laundering, computer hacking and drug trafficking.

Tove Ryding, a tax coordinator for Eurodad, told CNBC she wasn't surprised by Germany's ranking and money laundering risk, given the number of recent scandals involving German banks including Deutsche Bank, which was fined by South African anti-money laundering regulators in February, and saw investigations launched over alleged money laundering for Russian clients in June.

A study by the non-profit group European Network on Debt and Development (Eurodad), says that despite recent revelations over corporate tax dodging, the EU still provides a «wide - range» of options for firms seeking tax loopholes and is failing to enforce transparency measures that would cut money laundering risks.

BRUSSELS (AP)-- A Belgian investigating judge has charged a Swiss private banking branch of HSBC with massive organized fiscal fraud, money laundering and forming a criminal organization to the benefit of over 1,000 wealthy clients that cost the Belgian...

Rome, Italy (CNN)- Italian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday.

A little off topic but Valencia have to sell in order to meet FFP regulations but ManShitty can meet FFP by laundering their owner's money through an over the top stadium and kit sponsorship.

Force India co-owner Vijay Mallya was arrested on Tuesday over fresh claims that the Formula 1 team have been funded with money - laundered cash.

He is being arraigned before Justice A. R. Mohammed over a 9 - count charge bordering on money laundering to the tune of 3.1 billion Naira.

Fintiri is accused, in the charge marked: FHC / ABJ / CB / CB / 131/2016, of engaging in money laundering activities involving a cumulative sum of over N1billion.

While Nwaoboshi was dragged to court by the Economic and Financial Crimes Commission over alleged money laundering and conspiracy, two counts of money laundering and conspiracy before Mohammed Idris, a judge of the Lagos Division of the Federal High Court.

However Hopeson Adorye rubbished Allotey's threat describing it as empty and insisted that Allotey Jacobs was momentarily arrested and questioned over a case of money laundering Sunday while boarding a flight to the UK.

Osborne sent a letter in 2012 to Ben Bernanke, the chairman of the U.S. Federal Reserve, in an attempt to help HSBC's leadership avoid criminal charges over the bank's involvement in laundering drug money and in channelling money to countries under economic sanctions.

Filed on Friday at a Federal High Court in Lagos, the charges have to do with stealing, advanced fee fraud and money laundering to the tune of over N46bn.

But it does not turn over individuals arrested for low - level crimes such as possession of small amount of marijuana or blowing a stoplight without damaging people or property, or even for more serious nonviolent violations like money laundering, grand larceny or harassment.

«Despite over two weeks of testimony and numerous witnesses, the Government has not shown that Mr. Silver committed extortion, honest services fraud, or money laundering.»

Silver was convicted in November on all seven counts of honest services fraud, extortion and money laundering that he faced over five weeks of trial last fall.

After striking a $ 340 million settlement with Standard Chartered PLC this week over money - laundering allegations, the next question facing the Cuomo administration is what to do with the penalty windfall.

The Federal Government, has charged the former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Yakubu, with nine - count charge of money laundering for stashing over N3billion ($ 9.8 million) at his house in Kaduna.

Mr. Silver, 71, a Democrat who reigned over Albany as speaker for more than two decades, was found guilty today today of fraud, extortion and money laundering charges brought by U.S. Attorney Preet Bharara.

A number of news outlets over the last few days reported that two consulting firms linked to the senate majority leader are being investigated for money laundering and tax fraud.

Sheldon Silver was convicted last week on all seven counts of honest services fraud, extortion and money laundering that he faced over five weeks of trail in Federal District Court in Lower Mnahattan — becoming the latest New York politician convicted in a corruption scandal tied to real estate interests.

Silver, 71, was convicted on all seven counts of honest services fraud, extortion and money laundering that he faced over five weeks of trial in Federal District Court in Lower Manhattan.

The Economic and Organised Crime Office (EOCO) has arrested two Ghanaians and a UK - based accomplice over allegations of trade - based money laundering and romance fraud.

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AUSTRALIAN ASSOCIATED PRESS - Aug 11 - Following reports that 43 Australians have lost more than $ 100,000 each this year, with some victims sending more than $ 1m overseas over several years, the Australian Competition and Consumer Commission (ACCC) is joining forces with government anti-money laundering agents to implement an alert system for suspicious cross-border money transfers.

A huge international bank, the IBBC, is becoming the monopoly in arms - dealing, money laundering and is fast becoming friends with organised criminals and national dictators the world over.

Magic circle firm called in to advise Monaco - based Unaoil over allegations of corruption and money laundering

The former minister had been convicted of money laundering in France over a separate matter, during the intervening years, in 2007, but his ally, Goodluck Jonathan, was president of Nigeria at the time of the money transfers, putting him in a strong position.

Roderick Johnson has, for over a decade, practised almost exclusively as leading counsel for the defence in large, complex and high - profile cases — specialising particularly in cases involving drugs, fraud and money laundering.

It includes, of course, money laundering, but also fraud in its various guises: corruption, forgery, tax evasion, theft, and it spills over into financial regulatory areas involving market misconduct, such as insider dealing.

In a case involving a racketeering and money laundering conviction stemming from «spas» that were allegedly fronts for prostitution, appellate Judge Frank Easterbrook of the 7th Circuit chided the prosecution over an inflated calculation of proceeds from the operation.

However, she is also able to deal successfully with complex dishonesty cases, and recently secured an acquittal at half time in a money laundering matter, where her client was the wife of a man who had committed large - scale Advance Fee Frauds over a number of years.

Mr Feldberg has practised for over 15 years in the area of criminal fraud, money laundering and corruption, gaining valuableexperience from his work in both the private sector and at two major fraud regulators: HM Revenue and Customs, and the Serious Fraud Office.

On 21 April the Home Office announced «the biggest reforms to money laundering regime in over a decade», and published the action plan for anti-money laundering and counterterrorist finance.