Man sought by US government in long-running Odebrecht laundering scandal arrives in US following extradition

Regulatory Watch News

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  Treasury Targets Fentanyl Traffickers and Other Key Contributors to U.S. Opioid Crisis

  OFAC

  November 19, 2024

  WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a network of nine Mexican nationals involved in fentanyl, heroin, and other deadly drug trafficking and money laundering. Individuals designated in this network also engage in human smuggling in furtherance of their drug trafficking activities. Additionally, as members of the Cartel Jalisco Nueva Generacion (CJNG), some of the individuals sanctioned today played a prominent role in the early stages of the U.S. opioid crisis, a leading factor driving the United States’ modern fentanyl crisis. CJNG is a violent Mexico-based drug trafficking organization responsible for a significant proportion of fentanyl and other deadly drugs trafficked into the United States.

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  Financial sanctions update: Russia

  OFSI

  November 19, 2024

  10 entries added to the consolidated list

  On 19 November 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. 10 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trusts services sanctions. More information can be found in the notice. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes.

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  Romania: EPPO conducts searches in probe into €2 million subsidy fraud for growing and packaging vegetables

  European Public Prosecutor's Office

  November 19, 2024

  (Luxembourg, 19 November 2024) – The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca (Romania) is carrying out three house searches in Maramureș County, in an investigation into a suspected €2 million subsidy fraud, involving projects for growing and packaging vegetables.  On the radar of the EPPO are three projects to modernise a farm, financed by the European Agricultural Fund for Rural Development (EAFRD). The projects included the purchase of a line for sorting and packaging tomatoes and agricultural products, as well as the installation of photovoltaic panels for growing vegetables and other machinery.