Money Laundering Gang Jailed for 24 Years

A gang of criminals who laundered more than £48m of other organized gangs’ criminal profits were jailed at Isleworth Crown Court yesterday following an international investigation by HM Revenue & Customs (HMRC).

Pa. Woman Charged in Scheme to Defraud Dwelling House S&L

Elexa Manos-Becton, 42, of Coraopolis, Pa., has been indicted by a federal grand jury in Pittsburgh on charges of bank fraud, money laundering and monetary transaction in criminally derived property. Full Story Available at:Pa. Woman Charged in Scheme...

Nigeria Collaborates with Italy on Drug Control in West Africa

Nigeria’s National Drug Law Enforcement Agency (NDLNAEA) says it has commenced negotiations with the Italian government on operational partnership for effective anti-money laundering, global drugs and crime control in the West Africa sub-region.

Its a Century for UK Drug Gang

Six drug traffickers who used legitimate business service centers as a front for their illegal trade have been sentenced to 102 years in prison. Judge David Aubrey QC estimated the street value of the drugs they trafficked at £117m. How People Arrived...

Nigeria Celebrates 10th Anniversary of the Inter-Governmental Action Group Against Money Laundering in West Africa

Nigeria has celebrated the 10th anniversary of the Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA) in Abuja with the explanation that the country had convicted 400 persons and recovered $11 billion from laundered money.

Six Pre-Paid Funeral Company Officials Indicted in Massive Fraud Scheme

Six controlling officials of National Prearranged Services, Inc., were named in a 50-count indictment charging wire, bank, mail, and insurance fraud; money laundering; and multiple conspiracy charges involving the sale of pre-paid funeral services. The...

United States Federal Bureau of Investigations Begins Four-day Training Course for Nigeria’s Security Operatives

The United States Federal Bureau of Investigations (FBI) has described terrorism as a global crime which required global efforts to fight it, at the beginning of four-days of training for Nigeria’s security operatives on anti-money laundering and control...

Australian Federal Police Sign Memorandum of Understanding Head Agreement with the Australian Taxation Office

The Australian Federal Police (AFP) has signed a Memorandum of Understanding Head Agreement with the Australian Taxation Office (ATO), helping to cement cooperation between the agencies in combating financial crimes which affect Australia.

India Joins Financial Action Task Force

India has become a member of elite global body Financial Action Task Force (FATF), a standard setting body to combat money laundering and terror financing.