EminiFX CEO Pleads Guilty to $248 Million Fraud Scheme
The CEO of the purported cryptocurrency and foreign exchange trading platform EminiFX pleaded guilty to defrauding tens of thousands of investors out of almost a quarter of a billion dollars.
The CEO of the purported cryptocurrency and foreign exchange trading platform EminiFX pleaded guilty to defrauding tens of thousands of investors out of almost a quarter of a billion dollars.
As the death toll from a disastrous earthquake that hit Turkey and Syria a week ago keeps rising, so does the number of individuals detained over the poor construction of buildings that crumbled to dust.
The infamous Russian mercenary group Wagner has stopped recruiting convicts for its operations in Ukraine, the leader of the group announced on social media.
The United States imposed sanctions against two leaders and associates of the Mara Salvatrucha 13 (MS-13) transnational criminal street gang for their involvement in drug trafficking, violence, murder, extortion, and money laundering. Authorities also offered US$5 million for information that would lead to the arrest of one of them.
U.S. prosecutors have charged a friend of Russian billionaire Viktor Vekselberg with sanctions violation and money laundering because he allegedly helped maintain Vekselberg’s properties in the U.S. and even tried to sell two of them.
Fiji’s newly elected government has launched a probe into a South Korean doomsday sect, after an OCCRP investigation exposed how the religious group had come to be a dominating force in the Pacific nation’s economy.
Law enforcement from multiple European nations busted what Europol on Wednesday called the “biggest Chinese prostitution ring” on the continent that held hundreds of Chinese women in financial bondage across the continent.
A Russian cryptocurrency money launderer pleaded guilty in U.S. federal court, tying off a conspiracy in which he and his partners laundered the proceeds of the Ryuk ransomware from 2018 to 2021.
Cameroon’s controversial media mogul Jean-Pierre Amougou Belinga, suspected of masterminding the recent brutal murder of journalist and government critic Martinez Zogo, was arrested after a unit of 50 gendarmes encircled his villa.
Human traffickers in the United States are making billions in annual profits, but money is not their only motive. Sometimes it’s the urge to sexually control and dominate women in spiritual communities.