All posts tagged "bank fraud"
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318AML / KYCUS DOJ Agrees to Release of Huawei’s Meng Wanzhou
Under a deferred prosecution agreement, Meng admitted to making material misrepresentations to HSBC regarding Huawei’s operations in Iran.
September 27, 2021 -
475AML / KYCUS DOJ Forms Ransomware and Digital Extortion Task Force
The task force will be used to coordinate efforts to combat ransomware attacks, which will now be treated with the severity of terrorism threats.
June 7, 2021 -
305AML / KYC
HSBC Agrees to Share Documents in Meng Extradition Case
A Hong Kong judge has approved an agreement between Huawei and HSBC that includes document sharing by the bank, with some redactions.
April 14, 2021 -
259AML / KYCUK Court Clears Extradition of Nirav Modi to India
Indian diamond billionaire Nirav Modi has been a key suspect in the $2bn fraud at Punjab National Bank, which was first reported three years ago.
March 2, 2021 -
235AML / KYC
Huawei Launches Hong Kong Court Proceedings Against HSBC
Huawei is seeking internal HSBC documents it says will help it defend against its CFO Meng Wanzhou’s extradiction to the US to face bank and wire fraud charges.
March 2, 2021 -
583AML / KYCUS Prosecutors Unveils New Charges Against North Korean Hackers
Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.
February 22, 2021 -
607AML / KYC
DOJ Charges Three for North Korea Sanctions Breaches
Two North Koreans and one Malaysian allegedly used front companies to deceive US banks into processing transactions for North Korean customers.
September 16, 2020 -
1.6KAML / KYCSingapore Court Charges Two for North Korea Linked Bank Fraud
The two are accused of falsifying invoices to conceal from UOB and OCBC the sale of sugar to North Korea entities. One of the individuals is also on the FBI's most-wanted list.
June 22, 2020 -
796AML / KYCUS Seeks Extradition of Money Launderer Jailed in S. Korea
A civil forfeiture complaint alleges that Kenneth Zong, a US citizen held in Korea, conspired with Iranian nationals in 2011 to launder $1bn through the UAE and other countries.
June 8, 2020 -
853AML / KYC
US DOJ Unseals Indictment Against North Korea Money Launderers
The indictment names 28 North Korean and 5 Chinese nationals who were charged for operating a network of over 250 shell companies around the world to procure goods for North Korea.
June 3, 2020
