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NEWS: CFO at US media group charged with laundering $67M thru company

Premium June 4, 2024

PROSECUTOR: Damian Williams (pictured), the U.S. Attorney at the Southern District of New York, said the media group's CEFO “conspired with others to benefit himself, the media company, and its affiliates by laundering tens of millions of dollars in fraudulently obtained unemployment insurance benefits and other crime proceeds”.

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NEWS: US says MetLife unit reached settlement over Iran sanctions violations

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NEWS: US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack

NEWS: FBI probes Citi over ties to sanctioned Russian; bank’s AML processes also under scrutiny

By PAUL O’DONOGHUE, Senior Correspondent The Chief Financial Officer of US media group The Epoch Times has been arrested and charged in the United States with laundering at least $67 million in stolen money. The money increased The Epoch Times’s revenue by over 400% in just one year, according to U.S. prosecutors. A federal grand…

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NEWS: US says MetLife unit reached settlement over Iran sanctions violations

 Premium

NEWS: US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack

NEWS: FBI probes Citi over ties to sanctioned Russian; bank’s AML processes also under scrutiny

Regulatory Watch News

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