CaaStle Founder Sentenced to Five Years for $300 Million Investor Fraud
Christine Hunsicker, founder and former CEO of fashion-technology company CaaStle, has been sentenced to five years in prison for defrauding hundreds of investors of nearly $300 million. Hunsicker, 49, pleaded […]
Former New Mexico Lawmaker Convicted in Bribery and Money-Laundering Scheme
Former New Mexico state representative Sheryl Williams Stapleton and businessman Joseph Johnson have been convicted on federal charges stemming from a yearslong scheme to divert millions of dollars in public […]
Four Jailed in Lagos Over $5.2 Million Money Laundering Scheme
A Nigerian federal court has convicted and sentenced four people for their roles in a money laundering scheme involving more than $5.2 million allegedly routed through corporate bank accounts. Justice […]
Former CBP Officer Sentenced to Nine Years for Helping Sinaloa Cartel Smuggle Drugs
A former U.S. Customs and Border Protection (CBP) officer has been sentenced to nine years in federal prison for using his position at the Tecate Port of Entry in California […]
Iranian gambling network tied to $4 billion sanctions-evasion operation
A sprawling Iranian online gambling network has been channeling millions of dollars in cryptocurrency through a Dubai-based exchange allegedly linked to Iran’s state financial system, helping facilitate a sanctions-evasion operation […]
Three Convicted in First Rulings Linked to Luxembourg Immigration andBenefits Fraud Investigation
A Luxembourg court has convicted three men in the first criminal judgmentsstemming from a wide-ranging investigation into alleged immigration and benefitsfraud that has exposed suspected corruption and document forgery within […]
UNODC and EU Call for Global Action as Human Trafficking FuelsExpansion of Online Scam Centres
The United Nations Office on Drugs and Crime (UNODC) and the European Unionhave warned that human trafficking for forced criminal activity is becoming anincreasingly urgent global threat, driven by the […]
Investigation Finds Predatory Trade Schools Defrauded GI Bill Program ofMore Than $300 Million
For-profit trade schools across the United States defrauded the Department ofVeterans Affairs (VA) of more than $300 million by exploiting weaknesses in theGI Bill program while leaving thousands of military […]
Swiss Supreme Court Revives Bank Secrecy Case Against Cum-Ex Whistleblowers
Switzerland’s Federal Supreme Court has ordered a fresh ruling in the case of three men accused of breaching Swiss bank secrecy laws by leaking data that helped expose the cum-ex […]
Mozambique Opens Money Laundering Probe into Travel Agencies over 805,5 Million Euro Flows
Mozambique’s Public Prosecutor’s Office has launched formal proceedings against travel agencies suspected of money laundering, illegal capital flight and tax fraud, involving transactions estimated at 805,5 million euros. Deputy Attorney […]