But AML Concerns Linger As To “High End” Art and NFTs -
On February 4, 2022, the U.S. Department of the Treasury published a study (the “Study”) on the facilitation of money laundering (“ML”) and terrorist financing (“TF”)...more
Danske Bank (Danske) recently secured a big victory in the United States Court of Appeals for the Second Circuit. On August 25, 2021, the appellate court unanimously affirmed the Southern District of New York’s dismissal of...more
On November 25, 2020, Natalino D’Amato (“D’Amato”), a Venezuelan executive, was charged in an 11-count indictment with allegedly laundering $160 million between 2013 and 2017. The indictment, filed in the Southern District...more
Advisory Suggests that COVID-19 Pandemic Exacerbates Conditions Contributing to Trafficking -
The Financial Crimes Enforcement Network (“FinCEN”) recently issued an Advisory on Identifying and Reporting Human Trafficking and...more
“Front” Seafood Businesses Allegedly Hid the Proceeds From Smuggled Shark Fins and Marijuana Distribution -
Last week, the U.S. Attorney’s Office for the Southern District of Georgia unsealed an indictment returned in July,...more
9/11/2020
/ Anti-Corruption ,
Anti-Money Laundering ,
Corruption ,
Criminal Conspiracy ,
Criminal Investigations ,
Criminal Prosecution ,
DEA ,
Department of Justice (DOJ) ,
Drug Trafficking ,
Enforcement Actions ,
FATF ,
Indictments ,
Mail Fraud ,
Money Laundering ,
Popular ,
Smuggling ,
US Fish and Wildlife Service ,
White Collar Crimes ,
Wildlife Protection ,
Wire Fraud
Indictment Again Highlights the Role of Correspondent Banking in Money Laundering -
On May 28, 2020, the U.S. Department of Justice (“DOJ”) unsealed a 50-page indictment against 28 North Korean and 5 Chinese bankers...more
6/4/2020
/ Anti-Money Laundering ,
Blocked Person ,
China ,
Department of Justice (DOJ) ,
Enforcement Actions ,
FATF ,
Financial Crimes ,
Financial Transactions ,
FinCEN ,
Foreign Correspondent Banking ,
Foreign Financial Institutions (FFI) ,
Foreign Policy ,
Indictments ,
Money Laundering ,
National Security ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
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