Midweek Roundup: Honduras Bank Enabled Corruption, New Jersey Banker Accused of Inside Job, and More

The Honduras-based Central American Bank for Economic Integration, intended to support regional economic development, channeled billions of dollars into corrupt deals and the pet policies of authoritarian leaders, an investigation by the Organized Crime and Corruption Reporting Project found. More Federal prosecutors in New Jersey charged an employee of an unidentified "international financial institution" with taking bribes in exchange for helping drug traffickers launder millions of dollars, WJRN reported. More and More Britain's Financial Conduct Authority barred Dzing Finance from taking on new customers, days before another regulator identified the electronic money institution as a major facilitator of authorized push...