UK Court hears gold dealer deposited more £265M in ‘used notes’ into Natwest account as Prosecutor says it was ‘blindingly obvious’ cash was from proceeds of crime

Regulatory Watch News

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  Fraudulent websites and internet banking login screens related to China Construction Bank (Asia) Corporation Limited

  HKMA

  November 20, 2024

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by China Construction Bank (Asia) Corporation Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.

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  Four charged, drug extraction facility dismantled and $180k in cash seized in Melbourne

  Australia Federal Police

  November 20, 2024

  Four men charged over their alleged involvement in an Australian organised crime syndicate manufacturing and distributing methamphetamine are expected to face Melbourne Magistrate’s Court today (20 November, 2024). The AFP and Victoria Police arrested three of the men - aged 30, 39, and 41 - in the Melbourne suburb of Albert Park yesterday (19 November, 2024) as part of operational activity across multiple inner north locations. The 41-year-old man was later released pending further enquiries.

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  CEO Of Artificial Intelligence Startup Company Charged With Defrauding Investors

  United States Attorney Office -Southern District of New York

  November 19, 2024

  Damian Williams, the United States Attorney for the Southern District of New York, and James E. Dennehy, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of an Indictment charging JOANNA SMITH-GRIFFIN with securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors in AllHere Education, Inc., the startup artificial intelligence education technology company she founded, out of millions of dollars.  SMITH-GRIFFIN was arrested earlier today in the Eastern District of North Carolina and will be presented this afternoon before a magistrate judge in that district. The case has been assigned to U.S. District Judge John G. Koeltl.

  U.S. Attorney Damian Williams said: “As alleged, Joanna Smith-Griffin orchestrated a deliberate and calculated scheme to deceive investors in AllHere Education, Inc., inflating the company’s financials to secure millions of dollars under false pretenses.  The law does not turn a blind eye to those who allegedly distort financial realities for personal gain.”