The revision will expand the scope of money laundering predicate crimes, raise the penalties for offences, and expand the scope of the law to cover more non-bank entities.
April 19, 2024Chinese national Wang Baosen jailed for 13 months and required to forfeit over S$8mn in assets as part of his plea deal.
April 17, 2024TikTok's platform was allegedly used to transfer money to accounts suspected of being linked to terrorist groups.
April 17, 2024A Taiwanese court has indicted the founder of ACE Exchange, David Pan, for a crypto fraud involving more than $10mn.
April 12, 2024The founders and other former representatives, lawyers and ex-employees of Mossack Fonseca face money laundering charges for a corruption scheme in Brazil.
April 10, 2024The decree signing strengthens Indonesia's commitment to participate in combating financial crime globally, said the head of the country's FIU.
April 9, 2024Irina Dilkinska assisted in running OneCoin's day-to-day operations and laundered fraudulently obtained proceeds to the Cayman Islands.
April 7, 2024The two Russian nationals falsely claimed the parts were intended for countries other than Russia. US authorities stopped multiple shipments.
April 6, 2024Cypriot national Su Haijin, known for trying to escape from the police last August, agreed to forfeit about S$165mn in assets.
April 5, 2024Cambodian national Su Wenqiang was sentenced to 13 months in jail for money laundering and making false statements to the Ministry of Manpower.
April 3, 2024