News

Virtual asset service providers—especially six operating from Finland—played a significant role in driving up the volume of suspicious transaction reports at an unprecedented rate in Europe last year, ACAMS moneylaundering.com reported. More Bridgewaters, an Isle of Man-based corporate services provider, set up a network of shell companies and middlemen to help Alisher Usmanov and other blacklisted Russian oligarchs hide their assets, The Wall Street Journal reported. More The U.S. Justice Department charged two alleged Chinese intelligence officers with obstruction and money laundering as part of a plan to allegedly steal information from a federal prosecutor's office related to the case...