Criminal Prosecution, Suspicious Activity Reports (SARs), Enforcement Actions

Europol Published Practical Guide for Cooperation Between Financial Institutions and Investigative Authorities

Skadden, Arps, Slate, Meagher & Flom LLP on 2/27/2025

Public-private partnerships across the world between financial institutions, financial intelligence units and investigative authorities have laid the foundation to advance criminal investigations. However, there is further...more

Criminal Case Round-Up: Recent Prosecutions Involving Casinos

Ballard Spahr LLP on 2/1/2024

The Department of Justice (“DOJ”) has been very active in the Bank Secrecy Act (“BSA”) / Anti-Money Laundering (“AML”) space, as reflected by a recent series of individual prosecutions and corporate non-prosecution agreements...more

AML Enforcement

Oberheiden P.C. on 10/25/2022

Federal law enforcement takes money laundering and other suspicious transactions extremely seriously. Unfortunately, this does not mean that legal scrutiny is confined to the criminal actors and organizations that launder...more

Guilty Pleas Highlight Illicit Funneling of Chinese Cash to Casinos

Ballard Spahr LLP on 2/7/2020

Government Suggests that Unusual Pleas are Just the Tip of an Iceberg - Chinese law generally prohibits its citizens from converting more than $50,000 in Chinese yuan into foreign currency in a year. On Monday, two men...more

US Brings First Criminal AML Case Against Broker-Dealer

The Volkov Law Group on 1/30/2019

In a stark message, Justice Department prosecutors have brought the first criminal case for anti-money laundering violations against a broker-dealer. ...more

DOJ Continues Run on Individual FCPA Criminal Prosecutions

The Volkov Law Group on 11/27/2017

The Department of Justice announced criminal FCPA charges against two individuals in connection with bribery payments to foreign officials in Chad and Uganda. The Justice Department’s announcement occurred on the heels of...more