NEWS: Claims drug traffickers linked to Mexican cartel laundered cash through Citigroup ATMs

Regulatory Watch News

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  Vice President of Kansas Company Pleads Guilty to Crimes Related to Scheme to Illegally Export U.S. Avionics Equipment to Russia and Russian End Users

  US Department of Justice

  July 2, 2024

  Defendant Pleads Guilty to Numerous Export Control and Money Laundering Violations

  Douglas Edward Robertson, 56, of Olathe, Kansas, the former vice president of KanRus Trading Company Inc., pleaded guilty today for his role in a years-long conspiracy to circumvent U.S. export laws by filing false export forms with the U.S. government and, after Russia’s unprovoked invasion of Ukraine in February 2022, continuing to sell and export sophisticated and controlled avionics equipment to customers in Russia without the required licenses from the U.S. Department of Commerce.

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  Police detain 13 in raids across Europe targeting Italian organised crime

  Europol

  July 2, 2024

  An operation across Europe led by the Italian Carabinieri and supported by Europol has resulted in the arrest of 13 individuals believed to be linked to Italian organised crime.

  In the early hours of 2 July, law enforcement authorities in Italy, Spain, Germany, Belgium and Ukraine raided 13 properties. As a result, seven suspects were arrested in Italy, three in Spain, one in Belgium, one in Germany and one in Ukraine. The probe was coordinated by Europol and Eurojust, and follows an investigation into large-scale drug trafficking and money laundering.

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  Call blocked: hard and fast action against 54 Spanish phone fraudsters

  Europol

  July 2, 2024

  On an action day conducted across the Iberian Peninsula on 4 June 2024, Spanish and Portuguese law enforcement arrested 54 people responsible for insidious crimes against elderly citizens. Using a blend of fraudulent phone calls and social engineering, the unscrupulous criminals are responsible for EUR 2 500 000 in losses. Some of the at least 84 confirmed victims lost their life savings when the criminals coerced them into handing over their money at their doorsteps. Spanish National Police (Policía Nacional), the Mossos d’Esquadra and the Portuguese Judicial Police (Policía Judiciária) conducted 19 raids, seizing important digital and physical evidence of the crimes. One of the main targets was caught red-handed and arrested; when police entered the house, he was sitting in front of his computer with the bank details of one of his victims up on the screen. In addition to collecting computers, laptops, mobile phones, SIM cards and freezing bank accounts, officers on the scene also found cannabis and cocaine in the searched premises.