News

Britain announced dozens of arrests as part of an investigation into Smart and TRG, two Russian money-laundering syndicates that cater to criminals at home and in Europe, the Middle East and Latin America, and the U.S. blacklisted five high-ranking figures of both groups, ACAMS moneylaundering.com reported. More Swiss prosecutors charged private lender Lombard Odier with aggravated money laundering for allegedly helping Gulnara Karimova, daughter of Uzbekistan's former autocratic leader Islam Karimov, move hundreds of millions of dollars of bribes through offshore accounts, Reuters reported. More A federal court in Texas banned enforcement of the Corporate Transparency Act across the U.S. on Tuesday, less...