The amount of money African countries lose each year to illicit financial flows – $88.6 billion, or 3.7% of its total GDP – “dwarfs” the amount that the continent receives in development aid, a United Nations report published on Monday revealed. 

Prosecutors in the U.S. have indicted two men over an alleged scheme to kidnap and torture migrants from Cuba so as to extort money from their victims’ families.

The ex-CEO of a world-renowned German car manufacturer will this week become the first of the company’s former executives to stand trial over the Dieselgate emissions-cheating scandal.

Two New York antiquities dealers were arrested for lying for years about the origins of the items they were selling, defrauding this way buyers and brokers, the U.S. Department of Justice said. 

Gilead Sciences Inc., a California-based pharmaceutical company, is set to pay US$97 million to resolve allegations that it used a charity to pay the Medicare co-pays for one of its own drugs. The company said it had no intention to violate the law and does not believe it did.

While he is recovering in Berlin from a life-threatening poisoning attack with a state-developed nerve agent called Novichok, Russian authorities on Thursday confiscated the Moscow apartment of the country’s top opposition figure Alexei Navalny in order to compensate a businessman close to Vladimir Putin.

The international financial system needs urgent reforms, as currently it enables illicit money flows and tax abuse, a high-level panel assembled by the United Nations concluded on Thursday, suggesting that tackling this issue is the world's best chance of improving its sustainable development goals.

Police in several European countries, the U.S. and Canada on Tuesday arrested 179 suspected vendors and buyers who allegedly engaged in tens of thousands of sales of illicit goods on the dark web, Europol said in a statement on Tuesday.

Turkey’s main opposition party on Wednesday launched a parliamentary inquiry into government bribery following Sunday’s publication of a cross-border investigation by OCCRP and Courthouse News Service.

A massive operation spanning ten countries and hundreds of law enforcement officers took down one of the most active cocaine-trafficking networks in Europe, an Albanian-speaking group that operated under the name Kompania Bello, Europol said.