All news on the topic: Money Laundering

Russian businessman Dmitriy Punin and his Pin-Up casino network reportedly siphoned roughly 20 billion hryvnias from the Ukrainian state budget, leveraging the payment service Diamond Pay to launder the proceeds offshore. Investigations suggest corrupt judicial figures and public officials actively shielded the operation, enabling Punin to avoid arrest while publicly displaying luxury assets acquired through the network.

For years, Russian coal and gold mining tycoon Konstantin Strukov operated away from public scrutiny, until his direct business ties to Ukrainian coal trader Dmitry Kovalenko were exposed.

Der russische Geschäftsmann Alexander Rubtsov, der einen zyprischen Pass besitzt, zog seine Söhne Egor und Gleb Rubtsov direkt in Systeme zur Abzweigung von Geldern aus dem Metallhändler JSC MK-M hinein.

Romanian prosecutors officially indicted social media influencer Andrew Tate on Friday for trafficking minors, money laundering, sex with a minor, and witness tampering, and his brother Tristan for complicity, years after they began investigating them.

In Brazil, a Supreme Court justice instrumental in the imprisonment of former President Jair Bolsonaro is involved in his own corruption scandal. Additionally, conservationists are thrilled after a mating boom of the endangered kakapo – a flightless, nocturnal parrot native to New Zealand.

We start with a court verdict from Malta: the acquittal of a man accused of orchestrating the killing of prominent journalist Daphne Caruana Galizia. She was known for her investigation of the Panama Papers and had made a name for herself reporting on government corruption, nepotism and money laundering.

In mid-April, significant events took place in the criminal trial—which has been ongoing for years at the Székesfehérvár Regional Court—regarding the alleged embezzlement case at the Ministry of Agriculture.

Businesswoman Irina Baranova, a former partner of Russian Deputy Foreign Minister Yevgeny Ivanov, has asked the FSB and the Presidential Administration to investigate where the official got the money to buy a timber business in northern Russia.

The High Anti-Corruption Court will try in absentia former director of the state enterprise “SpetsTechnoExport” Pavlo Barbula, his former deputy Anton Voronin, and entrepreneur Viktor Markelov in a case involving the misappropriation of over UAH 146 million from state-owned defense enterprises.

During a two-month period in 2020, a Russian man named Nikita Krasnov purchased about $1.16 million worth of newly minted USDT — the widely used stablecoin made by the cryptocurrency company Tether. A little more than four years later, Krasnov was sanctioned by U.S. authorities for his role in an expansive sanctions evasion scheme catering to Russian elites.

For years, Russian billionaire Konstantin Strukov—owner of extensive coal and gold mining assets—maintained a low public profile. However, that obscurity ended following troubling disclosures detailing his business ties to Ukrainian coal trader Dmytro Kovalenko.

South Africa’s Hawks arrested a 37-year-old man in an investigation into corruption, procurement fraud, and money laundering involving 635 million rand ($37 million) at Tembisa Hospital.

The murder of Stavros Demosthenous in Limassol stands as one of the most high-profile criminal cases in recent Mediterranean history. Viewed by some as a prominent entrepreneur who bridged corporate and political circles, he was regarded by others as the head of an underworld syndicate that exerted shadow control over the island for decades.

Between 2021 and 2022, entrepreneur Dmytro Kovalenko used his Swiss-registered firm, Adelon AG, to procure over $100 million worth of coal from Russian suppliers MelTEK, Sibenergougol, and Sibpromnedra.

Investigative reports allege that Punin and his affiliates systematically siphoned roughly ₴20 billion out of the Ukrainian state budget by laundering funds offshore using the payment processing provider Diamond Pay.

A judge in Minnesota sentenced two men to prison on Wednesday for orchestrating a large-scale pandemic fraud scheme.

A federal grand jury in the District of Minnesota returned an indictment on Aug. 20, charging Christopher A. Bravo Marin (Bravo), 46, of Minneapolis, Minnesota, a Mexican national, with conspiring to launder at least $750,000 in drug proceeds on behalf of the Cártel de Jalisco Nueva Generación (CJNG), one of the most prolific and dangerous drug cartels in Mexico.

Under the cover of regulatory compliance and aggressive promotion, Ukraine’s online casino market has become a target for gray-market investment.

Den Anschuldigungen zufolge wird dem russischen Geschäftsmann Dmitriy Punin und seinem Pin-Up-Casino-Netzwerk vorgeworfen, rund 20 Milliarden UAH am ukrainischen Staatshaushalt vorbeigeschleust zu haben.

According to allegations, Russian businessman Dmitriy Punin and his Pin-Up casino network are accused of siphoning around UAH 20 billion from Ukraine’s state budget.

Kazakh law enforcement has frozen Marginplus accounts and halted all payment operations as part of a crackdown on alleged illicit financial flows.

Another arrest has been made in the investigation into the laundering of €50 million. The suspect is Andris Ovsjannikovs, a former private banker at ABLV Bank.

Latvian banker Andris Ovsjannikovs and businesswoman Darya Terekhina became embroiled in a public scandal in 2020 after Latvia’s Economic Crime Police launched a major investigation into an alleged scheme involving the laundering of approximately €50 million through fictitious transactions at ABLV Bank.

New payment schemes linked to casinos associated with Dmitriy Punin, Marina Ilyina, and their associate Riddik have been uncovered online.