Money Laundering

People looking at a Aston Martin One-77 Coupe (2011) in front of a Ferrari LaFerrari (2015), yellow, and a Bugatti Veyron EB 16.4 Coupe (2010), blue, part of some 25 luxury cars owned by Teodoro Obiang, the son of the Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo are pictured before an auction of sales house Bonhams at the Bonmont Abbey Golf & Country Club in Cheserex near Geneva, Switzerland, Sunday, Sept. 29, 2019. A collection of luxury cars from Equatorial Guinea's vice president Teodorin Obiang Nguema confiscated by the Geneva prosecutor's office after a deal ending a money-laundering inquiry, are auctioned off in Switzerland and are estimated to bring in 18.5 million Swiss francs. (Laurent Gillieron/Keystone via AP)
September 29, 2019 - 7:10 am
GENEVA (AP) — Car lovers from around the world splashed out more than $27 million at an auction Sunday for dozens of luxury cars seized from the son of Equatorial Guinea's president in a Swiss money-laundering probe. The 25 lots sold by auction house Bonhams included a white-and-cream 2014...
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September 26, 2019 - 12:31 am
THE HAGUE, Netherlands (AP) — Dutch bank ABN AMRO says it is under investigation for possible breaches of the Netherlands' money laundering and terrorism financing legislation. The bank announced the probe in a short statement Thursday and said it will cooperate fully with investigators. Earlier...
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September 25, 2019 - 2:31 am
TALLINN, Estonia (AP) — Estonian police have found the body of the former head of Danske Bank in Estonia who was at the center of a $220 billion money laundering scandal and had disappeared two days ago. Police said Aivar Rehe went missing Monday, fueling speculation it might be related to the 2007...
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This combination photo shows Nabil Karoui speaking to press after his trial in Tunis, Jan. 23, 2012, left, and Kais Saied speaking to the media in Tunis, Sept. 17, 2019. Tunisia’s electoral authority says on Tuesday, Sept. 17 that jailed media magnate Nabil Karoui and independent law professor Kais Saied are advancing to the country’s presidential election runoff. The electoral commission has announced that the two outsider candidates have come out on top in the first round of voting. (AP Photo)
September 22, 2019 - 1:50 am
PARIS (AP) — Jailed Tunisian media magnate Nabil Karoui says he's "reasonably optimistic" about winning Tunisia's presidential runoff, where he is facing independent law professor Kais Saied. They beat out two dozen other candidates in the first-round of voting on Sept. 15. Karoui was jailed Aug...
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An electoral poster for jailed presidential candidate Nabil Karoui is pictured Tuesday Sept. 10, 2019 in Tunis. Tunisia's 26 presidential candidates launched their campaigns last week in a political climate marked by uncertainty, money laundering allegations and worries about violent extremism. (AP Photo/Hassene Dridi)
September 12, 2019 - 5:58 am
TUNIS, Tunisia (AP) — A lawyer for a jailed presidential candidate in Tunisia said his client has started a hunger strike to defend his right to take part in Sunday's election. In a statement published Thursday on Facebook, lawyer Ridha Belhaj said he met with Nabil Karoui, who was jailed Aug. 23...
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Former Malaysian Prime Minister Najib Razak, right, arrives at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Tuesday, Aug. 27, 2019. Malaysian prosecutors have wrapped up their case against Najib in his first corruption trial. Najib faces 42 charges of corruption, abuse of power and money laundering in five criminal cases linked to the multibillion-dollar looting of the 1MDB state investment fund. His second trial is due to begin Wednesday but could be delayed. Najib denies wrongdoing and accuses the new government of seeking political vengeance. (AP Photo/Vincent Thian)
August 28, 2019 - 3:41 am
KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak's second corruption trial started Wednesday, with a prosecutor alleging he pilfered billions of dollars from the 1MDB state investment fund through an "elaborate charade" and then sought to cover his tracks. Chief prosecutor...
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Federal agents hold a detainee, second from left, at a downtown Los Angeles parking lot after predawn raids that saw dozens of people arrested in the L.A. area Thursday, Aug. 22, 2019. U.S. authorities have unsealed a 252-count federal grand jury indictment charging 80 people with participating in a conspiracy to steal millions of dollars through a range of fraud schemes and laundering the funds through a Los Angeles-based network. The U.S. Attorney's Office says Thursday most of the defendants are Nigerian nationals. (AP Photo/Reed Saxon)
August 22, 2019 - 3:36 pm
LOS ANGELES (AP) — The relationship between a Japanese woman and a U.S. Army captain stationed in Syria started online, through an international social network for digital pen pals. It grew into an internet romance over 10 months of daily emails. It ended with the woman $200,000 poorer and on the...
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August 20, 2019 - 12:12 pm
SANTO DOMINGO, Dominican Republic (AP) — Authorities in the Dominican Republic have arrested former MLB pitcher Octavio Dotel and are searching for ex-infielder Luis Castillo for their alleged links to a drug-trafficking and money-laundering ring, officials said Tuesday. Dominican Attorney General...
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August 20, 2019 - 12:05 pm
SANTO DOMINGO, Dominican Republic (AP) — Authorities in the Dominican Republic have arrested former MLB pitcher Octavio Dotel and are searching for ex-infielder Luis Castillo for their alleged links to a drug-trafficking and money-laundering ring. Dominican Attorney General Jean Alain Rodríguez...
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A view of the Grace 1 supertanker in the British territory of Gibraltar, Friday, Aug. 16, 2019 as a sail boat passes by. The lawyer representing the captain of the Iranian supertanker caught in a diplomatic standoff said Friday that the captain no longer wants to be in command of the ship, which is in need of repairs that could prevent its immediate departure from Gibraltar.(AP Photo/Marcos Moreno)
August 16, 2019 - 3:40 pm
MADRID (AP) — The latest on Iranian supertanker at center of Persian Gulf tensions (all times local): 12:35 a.m. The U.S. government says it has a warrant to seize an oil tanker at the center of a diplomatic standoff because of violations of U.S. sanctions, money laundering and terrorism statutes...
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