US Prosecutors Charge Maduro Ally Alex Saab in Expanding Money Laundering Case
U.S. prosecutors have charged Alex Saab, a close associate of former Venezuelan President Nicolás Maduro, with money laundering linked to the alleged misuse of a Venezuelan welfare programme, according to court filings unsealed. Saab, described by U.S. authorities as a key financial operator within Maduro’s inner circle, is accused of exploiting government food and oil […]
Trump Announces Removal of US Sanctions on Syria in Significant Policy Reversal
President Donald Trump has announced that the United States will lift sanctions on Syria, marking a major shift in U.S. foreign policy and opening the door to renewed diplomatic and economic engagement with Damascus. The decision was announced during Trump’s visit to Saudi Arabia after discussions with Saudi Crown Prince Mohammed bin Salman and Turkish […]
Lafarge Former CEO Sentenced to Six Years in Prison Over Financing Terrorist Groups in Syria
A French court has sentenced Bruno Lafont, the former chief executive of Lafarge, to six years in prison for financing terrorist groups in Syria to maintain the company’s operations during the country’s civil war. The ruling, delivered on April 13, orders Lafont to begin serving his sentence immediately. The court also handed a five-year sentence […]
Fraud Networks Targeting Cryptocurrency Disrupted as $12m Frozen in NCA-Led Operation Atlantic
More than $12 million in suspected criminal proceeds has been frozen and over 20,000 victims identified following an international operation led by the UK’s National Crime Agency (NCA) targeting cryptocurrency and investment fraud schemes. Operation Atlantic, conducted last month and co-hosted by the NCA alongside the United States Secret Service, Ontario Provincial Police and the […]
AMF Sanctions Kerdiz Finance and Executives Over Breaches of Professional Obligations
France’s financial regulator, the Autorité des marchés financiers (AMF), has imposed financial penalties and professional bans on Kerdiz Finance et Conseil and its former executives for multiple regulatory breaches. In its decision dated April 1, 2026, the AMF’s sanctions committee fined the firm €300,000. Its directors at the time of the violations, Anthony Finck and […]
US Authorities Seize Over $600,000 in Cryptocurrency Linked to Wire Fraud and Money Laundering
Federal authorities in the United States have confiscated more than $600,000 in cryptocurrency connected to a wire fraud and money laundering scheme, including funds stolen from a Connecticut resident, officials reported. The investigation, led by FBI agents in New Haven in coordination with the Connecticut State Police, traced the fraudulent transactions across multiple cryptocurrency wallets, […]
China Arrests Huione Group Leader Li Xiong in Cross-Border Money Laundering Crackdown
Chinese authorities have detained Li Xiong, the former chairman of Huione Group, in a major move targeting a global money-laundering network operating across Southeast Asia. The arrest, carried out on Wednesday, marks an escalation in China’s efforts to combat cross-border organised financial crime. Li, a Chinese national, was extradited from Phnom Penh with the assistance […]
Paris Court Opens Trial for Alleged Architect of $230 Million Russian Tax Fraud
A Paris court has begun hearings against Dmitry Klyuev, accused of orchestrating a $230 million tax fraud that targeted Russian Treasury funds in 2007. The case, which came to light through whistleblower Sergei Magnitsky, who died in a Moscow prison in 2009, led to the creation of global Magnitsky-style sanctions targeting corruption and human rights […]
Interpol Arrest Warrant Sought for Congolese Football Chief Over FIFA Funds Embezzlement Case
Authorities in Republic of the Congo have requested an international arrest warrant through Interpol for Jean-Guy Blaise Mayolas, president of the national football federation Fecofoot, following his conviction for embezzling $1.1 million in funds provided by FIFA. Mayolas is currently at large along with his wife and son after all three were sentenced in absentia […]
US Senators Introduce Bill Targeting Hungarian Officials Over Alleged Obstruction of Ukraine Aid
On March 26, 2026, Senator Jeanne Shaheen, Ranking Member of the Senate Foreign Relations Committee, alongside Senator Thom Tillis, put forward legislation aimed at sanctioning senior Hungarian government officials accused of impeding international assistance to Ukraine. The proposed measure would require the US President to impose asset-freezing sanctions and visa bans on high-level officials in […]