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Midweek Roundup: Petrobras Scandal Linked to Big Banks, FinCEN Discloses Marijuana Account Data, and More
printCourt documents reveal that the $4.4 billion money laundering probe of Petroleo Brasileiro SA, or Petrobras, involves accounts or transactional activity with Citigroup, Banco Santander, HSBC, Itau Unibanco and Banco Bradesco, Bloomberg said. The investigation of the energy giant and high-ranking Brazilian officials has faced resistance from banks, one source told the news agency. More A federal court has ruled that 123 Nevada companies must turn over information to Paul Singer as part of the billionaire hedge fund founder's effort to collect money from Argentine businessman Lazaro Baez, Bloomberg reported. Singer's NML Capital has accused Baez, Argentina's president and her...
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