News Muncher - searching for fincen

1 week ago

Business owners should not forget anti-money laundering rule currently in legal limbo

Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1. Under the CTA, the owners and part-owners of an estimated 32.6 million small businesses must register personal information with FinCEN, such as a photo ID …

Business Owners Small Register Rule Fincen Business Owners

2 months, 2 weeks ago

AZ MAGA candidate Mark Finchem brags about accessing confidential policing data

Raw Story

Former Republican lawmaker and candidate for Arizona Senate Mark Finchem has said in multiple interviews that a small-town Tennessee police department that is under criminal investigation gave him access to a confidential federal law enforcement database used for tracking financial transactions to prevent crime. Two local district attorneys confirmed to Tennessee TV station NewsChannel 5 that the TBI had been …

Law Financial Conspiracy Republican Tennessee Taylor Qanon

9 months, 3 weeks ago

Indian-American jeweller indicted in multi-million dollar international trade fraud

Hindustan Times

Washington, Feb 28 A jeweller, based out of both Mumbai and New Jersey, has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said. Federal prosecutors alleged that Shah's conspirators in South Korea would change the labels on the jewellery to state …

India Turkey Jewellery South Korea Shah Jeweller Conspirators

10 months, 1 week ago

Treasury proposes new anti-money laundering regulations for investment advisers

Associated Press

WASHINGTON — The Biden administration is rolling out new recordkeeping rules for U.S. investment advisers in its continued effort to clamp down on money laundering, illicit finance and fraud in the American financial system. The Treasury Department’s Financial Crimes Enforcement Network — known as FinCEN — proposed a regulation on Tuesday that would require investment advisers to develop anti-money laundering …

Money Laundering Rule Fincen Investment Advisers Treasury Proposes

10 months, 2 weeks ago

Treasury Sec. Janet Yellen ducks questions by Republicans demanding to know why feds asked banks to scour customer transactions for 'Trump' or 'MAGA' and purchases at stores including Bass Pro Shops a

Daily Mail

President Biden's Treasury Secretary Janet Yellen dodged multiple questions from Republicans about why her department instructed banks to comb through Americans' bank records after January 6 looking for 'extremists.' Federal investigators in Treasury's Financial Crimes Enforcement Network asked U.S. banks to scour customer transactions for key terms like 'MAGA' and 'Trump,' Republicans revealed in January. Treasury Secretary Janet Yellen told …

Financial Financial Institutions Treasury Biden Sec Banks Maga

1 year, 6 months ago

Cases of check fraud escalate dramatically, with Americans warned not to mail checks if possible

Associated Press

NEW YORK — Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether. “Despite the declining use of checks in the United States, criminals have been increasingly targeting the U.S. Mail since the COVID-19 …

Fraud Data Small Businesses New York Americans Check Mail

1 year, 7 months ago

GOP says Biden family financial records a smoking gun. White House calls it a ‘political stunt’

Associated Press

WASHINGTON — Facing growing pressure to show progress in their investigations, House Republicans on Wednesday detailed what they say are concerning new findings about President Joe Biden’s family and their finances. To help them get here, Congressional Republicans relied on more than 150 suspicious activity reports as a roadmap to follow what they call the Bidens’ complicated financial money trail. …

Family Law Enforcement Financial Money Laundering Trump Records White House

1 year, 11 months ago

Binance moved $346 mln for seized crypto exchange Bitzlato, data show

Live Mint

Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a "money laundering engine," blockchain data seen by Reuters show. Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September …

Justice Data Money Crypto Department Million Russian

1 year, 11 months ago

Binance moved $346 million for seized crypto exchange Bitzlato, data show

Live Mint

Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a "money laundering engine," blockchain data seen by Reuters show. The Justice Department on Jan. 18 said it charged Bitzlato’s co-founder and majority shareholder Anatoly Legkodymov, a Russian national living in China, with …

Justice Data Money Department Million Russian Reuters

1 year, 11 months ago

Op-Ed: Crypto is under fire, but is this really the end for its Wild West?

LA Times

Crypto is in trouble. Like another fast-burning set of internet businesses that rose before — online gambling and betting platforms — crypto will likely keep spreading, including along the dark edges of the economy. Take crypto golden boy Sam Bankman-Fried, who is now being prosecuted, accused of building a house of cards at FTX reminiscent of Bernie Madoff’s multibillion-dollar scam …

Gambling Industry Money Crypto Companies End Sec

3 years, 2 months ago

Explainer: What are the Pandora Papers?

Al Jazeera

Leaked files from 14 offshore service providers tie more than 330 public officials, including 35 world leaders, to offshore fortunes. Dozens of world leaders and hundreds of public officials used offshore tax havens to hide assets worth hundreds of millions of dollars, a massive investigation has found. The Pandora Papers, published on Sunday, are based on documents leaked to the …

World Leaders Public Officials Public World Leaders Offshore Papers

3 years, 2 months ago

Secret offshore wealth of world leaders revealed in leak of 12 MILLION files dubbed Pandora Papers

Daily Mail

The secret offshore wealth of more than 300 world leaders, politicians and billionaires has been exposed in one of the biggest ever leaks of financial data. A luxury fourth-floor flat below Monaco's casino was bought by Brockville Development Ltd, which was eventually traced back to Svetlana Krivonogikh, alleged to be a lover of Mr Putin and the mother of his …

France London Russia Pakistan World Tax Wealth

4 years, 3 months ago

Russian billionaire used ING for €1 billion in suspicious transactions: Report

NL Times

Russian oil billionaire and owner of football club Chelsea, Roman Abramovich, made over 1 billion euros in transactions via bank accounts at ING that were labelled as suspicious by Deutsche Bank, Investico, Trouw, and Financieele Dagblad report based on the FinCEN Files - 2,600 documents that leaked from American money laundering authority FinCEN. Deutsche Bank labeled the transactions as 'round-tripping', …

Bank Russian Transactions Ing Deutsche Bank

4 years, 3 months ago

ING subsidiary involved in funneling billions from Russia: Report

NL Times

A Polish subsidiary of Dutch bank ING, ING Bank Slaski, for years helped customers channel suspicious money out of Russia, Financieele Dagblad, Trouw and research platform Investico report based on secret documents from the United States Treasury. Dutch bond traders Tristane Capital and Schildershoven Finance helped Russian customers launder billions of rubles using ING Slaski for these transactions, according to …

Russia Dutch Money Bank Report Russian Schildershoven Finance

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Search results for fincen

Business owners should not forget anti-money laundering rule currently in legal limbo

AZ MAGA candidate Mark Finchem brags about accessing confidential policing data

Indian-American jeweller indicted in multi-million dollar international trade fraud

Treasury proposes new anti-money laundering regulations for investment advisers

Treasury Sec. Janet Yellen ducks questions by Republicans demanding to know why feds asked banks to scour customer transactions for 'Trump' or 'MAGA' and purchases at stores including Bass Pro Shops a

Cases of check fraud escalate dramatically, with Americans warned not to mail checks if possible

GOP says Biden family financial records a smoking gun. White House calls it a ‘political stunt’

Binance moved $346 mln for seized crypto exchange Bitzlato, data show

Binance moved $346 million for seized crypto exchange Bitzlato, data show

Op-Ed: Crypto is under fire, but is this really the end for its Wild West?

Explainer: What are the Pandora Papers?

Secret offshore wealth of world leaders revealed in leak of 12 MILLION files dubbed Pandora Papers

Russian billionaire used ING for €1 billion in suspicious transactions: Report

ING subsidiary involved in funneling billions from Russia: Report