Weekly Roundup: Ex-JPMorgan Banker Admits Aiding Argentine Tax Evaders, TIAA-CREF Penalized for AML Failures, and More

Russian President Vladimir Putin selectively enforces the nation's anti-money laundering laws in an attempt to win allies and limit political dissent, the Atlantic said Wednesday. Putin, with the assistance of the nation's financial intelligence unit, maintains a database on the dealings of the nation's wealthy and uses the data to threaten them with legal action and jail time if their loyalty waivers, according to the Atlantic. More On Thursday, Russian anti-corruption blogger Alexei Navalny was convicted and sentenced to five years in prison on embezzlement charges, The Wall Street Journal reported. Navalny, who contends his trial was an attempt to...