Category: UK

Page 30/30

Premium

BREAKING: Former F1 boss Bernie Ecclestone charged with fraud by misrepresentation over failure to declare £400M in overseas assets

Premium

Leading MP claims serious failings of Serious Fraud Office (SFO) undermine the UK’s reputation

Premium

NEWS: Britain’s Prince Charles accepted €3M in cash donations for his foundation – including suitcase stuffed with €1M in bank notes

Premium

FCA fines insurance broker £7.8M for FinCrime control failure

Premium

NEWS: Former Barclays bank manager convicted for laundering £255K (€299K)

Premium

FCA to use new powers to cancel regulatory permissions of firms who fail to comply with regulations

Premium

Gambling Commission slaps two Gaming businesses with £675K (€795K) fine for AML shortcomings

Premium

Chair of UK All Party Anti-Corruption Parliamentary Group says dirty money ‘contaminates’ UK’s public sphere

Premium

NEWS: More powers to seize crypto currencies and sanction Russian Oligarchs in Britain’s new Economic Crime Bill

Premium

The UK launches latest round of Russian sanctions targeting £1.7BN (€2BN) worth of trade

...

Executive Vice President of Insurance Brokerage Pleads Guilty in $133M Affordable Care Act Fraud Scheme
US Department of Justice
April 19, 2025
A Florida executive pleaded guilty today for his role in a scheme to submit fraudulent applications to enroll consumers in Affordable Care Act insurance plans (ACA plans) that were fully subsidized by the government. The purpose of the scheme was to obtain millions of dollars in commission payments from the insurance company that operated the ACA plans. The federal government paid at least $133,900,000 in subsidies for fraudulently enrolled individuals.
Man convicted of trying to smuggle £1m in suitcases out of UK
National Crime Agency
April 18, 2025
A man who was stopped at Heathrow Airport with £1m in two suitcases has admitted money laundering following a National Crime Agency investigation. Mazen Al Shaar, 48, was stopped by Border Force officers on Saturday 15 March this year as he was about to fly from Terminal Three to Beirut.
Treasury Targets International Bank of Yemen for Support to the Houthis
OFAC
April 18, 2025
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Yemen-based International Bank of Yemen Y.S.C. (IBY) for its financial support to Ansarallah, commonly known as the Houthis, which is part of the Iran threat network. As part of this designation, OFAC is also sanctioning key leaders or officials of IBY, Kamal Hussain Al Jebry, Ahmed Thabit Noman Al-Absi, and Abdulkader Ali Bazara. The designation of IBY complements the whole-of-government effort to stop Iran-backed Houthi attacks against commercial shipping in the Red Sea.