Noted Expert on Corruption Sentenced for Money Laundering Scheme

By Jonny Lupsha, Current Events Writer In an ironic twist, a corruption expert has been sentenced for money laundering. Former University of Miami professor Bruce Bagley received six months for laundering $2.5 million and keeping a commission of $192,000. Money laundering makes illicit funds look legitimate. Money laundering is the process criminal organizations or individuals … Read more

Ghislaine Maxwell’s trial starts Monday. Epstein victims say she was central to his scheme.

Ghislaine Maxwell’s trial starts Monday. Epstein victims say she was central to his scheme.

The long-awaited trial of convicted sex trafficker Jeffrey Epstein’s confidant Ghislaine Maxwell, getting underway Monday, can be likened to an iceberg — many of the unanswered questions about their alleged enterprise will remain hidden, for now.Maxwell, a British socialite who insists she is innocent, is not likely to face questions about allegedly helping Epstein arrange … Read more

Sunak’s Kickstart scheme not delivering value for money, NAO finds | Rishi Sunak

Chancellor Rishi Sunak’s flagship £2bn pandemic jobs scheme to get young people into work may not be delivering value for money, the spending watchdog has said.A report by the National Audit Office (NAO), and a separate one by a group of peers, has highlighted concerns that youth unemployment policies are either insufficient or flawed.The Kickstart … Read more

Family loses out on millions in money laundering scheme

Family loses out on millions in money laundering scheme

SALT LAKE CITY — The family of one of the victims in a money laundering scheme shared their frustrations Friday, days after a former Salt Lake attorney pleaded guilty to embezzling millions of dollars from several clients. The family of Glenn McConkey says she has Alzheimer’s and that the last few years have been difficult … Read more

Turkish Politician Calls for Twitch Investigation Following Money Laundering Scheme

Turkish Politician Calls for Twitch Investigation Following Money Laundering Scheme

A Turkish politician is calling for an investigation of Twitch for money laundering as part of the massive data breach in October. A politician from the nation of Turkey is calling for a full-on investigation of streaming platform Twitch. The motion comes from the reveal of a devious money laundering scheme that occurred on the … Read more

Corsica Man Sentenced for Wire Fraud and Money Laundering in a Multi-Million Dollar Cattle Ponzi Scheme | USAO-SD

Leader of Money Laundering Network Responsible for Laundering Millions of Dollars in Drug Proceeds Sentenced | USAO-EDVA

Acting United States Attorney Dennis R. Holmes announced that a Corsica, South Dakota, man convicted of Wire Fraud and Money Laundering was sentenced on November 4, 2021, by U.S. District Judge Karen E. Schreier. Robert Blom, age 59, was sentenced to 91 months in federal prison, followed by three years of supervised release, $24,282,865.94 in … Read more

81-year-old ‘money mule’ pleads guilty in romance fraud scheme

81-year-old ‘money mule’ pleads guilty in romance fraud scheme

ST. LOUIS – An elderly Kirkwood woman pleaded guilty Wednesday in federal court to participating in various fraud schemes on behalf of an online romance fraudster. Prosecutors said Glenda Seim began an online relationship with a person claiming to be an American with business interests in Nigeria. Over the years, this individual would ask Seim … Read more

Convicted Money Launderer Sentenced for Second Business Email Compromise Scheme | USAO-MA

Leader of Money Laundering Network Responsible for Laundering Millions of Dollars in Drug Proceeds Sentenced | USAO-EDVA

BOSTON – A Hingham man who was previously convicted of money laundering was sentenced on Wednesday, Oct. 27, 2021 in connection with a business email compromise (BEC) scheme. Yannick A. Minang, a/k/a “Africa,” 27, was sentenced by U.S. District Court Judge Patti B. Sarris to 52 months in prison. In September 2020, Minang pleaded guilty … Read more