money laundering

Italian Prosecutors Drop Case Against Erdogan’s Son

BOLOGNA, Sept 21  – Italian prosecutors have dropped a money laundering case against the son of Turkish President Tayyip Erdogan, their office said on Wednesday. The decision, which has yet to be confirmed by a senior judge – usually a formality – came six weeks after Erdogan complained in a television interview that his son

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Weaponizing Global Finance

A new U.S. law targets suspicious accounts down to the micro-level By Nicholas Noe Looking back at the American-led response to the 9/11 attacks, it is difficult to find clear-cut successes tied to military intervention. Osama Bin Laden may have been killed, but his organization—and even more brutal successors like Daesh—has expanded. At the same

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Anti-Money Laundering Body Urges More Scrutiny of Iran, North Korea

WASHINGTON, Feb 20 – An international anti-money laundering group wants government financial intelligence agencies to give extra scrutiny to transactions and business relationships involving Iran and North Korea. Paris-based Financial Action Task Force (FATF) said on Friday that it remained “particularly and exceptionally concerned” about what it called Iran’s “failure to address the risk of terrorist

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Dutch Arrest 10 Men Suspected of Using Bitcoin to Launder Money

AMSTERDAM, Jan 20 – Ten men suspected of using the digital currency Bitcoin to launder up to 20 million euros of criminal money made from online drug deals have been arrested in the Netherlands, Dutch prosecutors said on Wednesday. The men, described as all in their 20s and with Dutch nationality, were arrested on Tuesday

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