News

The U.S. Financial Crimes Enforcement Network warned financial institutions to stay alert for the proceeds of bribery, embezzlement, extortion and other forms of corruption. More Swiss authorities will release and return $430 million of frozen funds "to their beneficial owners" after dropping their 2011 investigation into suspected money-laundering and organized-crime operations involving former Egyptian autocrat Hosni Mubarak, Voice of America reported. More A loophole in U.S. law could make Israel a destination of choice for circumventing sanctions against Russian diamonds, Haaretz reported. More Findings cited by the Organized Crime and Corruption Reporting Project suggest that Russia could also use gold mining operations...