After a Monaco court definitively dismissed charges against Swiss businessman and art dealer Yves Bouvier, whom Russian Billionaire Dimitry Rybolovlev accused of defrauding him out of nearly US$1 billion, the plaintiff’s lawyers said on Thursday that they will continue pursuing the case in Switzerland.
Police in Bosnia and Herzegovina said they arrested 26 people suspected of being members of an organized crime group that illegally trafficked tobacco and laundered money.
Dutch police arrested six men after they discovered six containers that were turned into prison cells and the seventh into a torture chamber equipped with a dentist chair with belts on arms and foot supports, pliers, knives and other utensils meant to cause pain.
A US think tank claims that poor enforcement has turned Dubai into a hotbed of dodgy dealings by allowing the emirate to serve as a major crossroad for gray networks and international finance.
U.K. regulators said on Monday that the four of the world’s largest accounting firms, known as the Big Four, will have to separate their audit departments from the rest of their operations.
Guatemalan authorities have arrested two sons of a former president of Panama following an extradition request by the United States, where they are facing money laundering charges.
New York’s Department of Financial Services announced on Tuesday that Deutsche Bank has agreed to pay US$150 million in penalties for its financial dealings with Jeffery Epstein, a notorious sex offender, and for its relationship with two banks that were behind large-scale money laundering scandals.
The UK government has designated several high-profile Russian and Saudi officials as part of its first sanctions action since the country’s historic decision to leave the European Union.
The embattled daughter of Angola’s former president has said she will cooperate with the country’s authorities in their investigation into allegations of corruption levelled against her.
In two separate, Europol-coordinated operations, Spanish and Romanian police detained five suspects and dismantled their illegal print shops, preventing this way millions of counterfeit euros and Romanian lei from entering the European financial circuits.