THE state-owned Bank of China has been fined for violating AML rules in Sri Lanka.
Sri Lanka’s Financial Intelligence Unit (FIU) fined Bank of China and MCB Bank Pakistan LKR 1 million ($3,440) each for breaching AML regulations under the Financial Transactions Reporting Act (FTRA).
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Member of the 764 Criminal Enterprise Pleads Guilty to Racketeering Conspiracy and Other Charges
US Department of Justice
Plea Agreement Includes Terrorism Enhancement to Charges
Jairo Jaime Tinajero, 25, pleaded guilty yesterday in the Western District of Kentucky to the following charges contained in the superseding information: racketeering conspiracy, online enticement, three counts of production of child sexual abuse material, three counts of distribution of child sexual abuse material (CSAM), five counts of interstate communications of threats, cyberstalking, and conspiracy to murder Jane Doe 1 in aid of racketeering. The terms of the plea agreement specify that both parties agree to the applicability of the terrorism sentencing enhancement .
Six arrested in international investment fraud operation
Europol
Six suspects have been arrested following a coordinated operation targeting an organised crime group behind a multi-million-euro investment fraud and money laundering scheme.
The operation, which took place in the early hours of 27 January 2025, was carried out by law enforcement authorities in France, Spain and Israel, with support from Europol and judicial authorities.
Man convicted of defrauding Leeds City Council out of small businesses grants during Covid
The Crown Prosecution Service
A man has been found guilty of defrauding Leeds City Council out of more than £710,000 which was meant to support small businesses during the Coronavirus pandemic.
Aftab Baig, 47 from Glasgow, made fraudulent grant claims against thirty-two properties, which were branches of Greggs, arranging for the money to go into his business account. He did this at the height of the pandemic while the country was locked down and small businesses struggled to stay afloat.