News

The former chief money launderer for jailed Mexican drug trafficker Joaquin "El Chapo" Guzman and two other members of the Sinaloa cartel escaped from a prison in Mexico City ahead of their possible extradition to the United States, the Times reported. More Latvian authorities raided Rietumu Bank, Industra Bank, BlueOrange Bank and Regional Investment Bank in support of a German investigation into tax evasion and money laundering, LSM.LV reported. More Prosecutors in Latvia separately sought the assistance of their counterparts in Belarus as part of their investigation into a €50 million money-laundering scheme involving U.S.-blacklisted ABLV Bank, the Baltic Times...