Tag: Tech

Regulatory Watch News

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  Owners of Florida Labor-Staffing Companies Sentenced for Tax and Immigration Fraud and Money Laundering

  US Department of Justice

  January 27, 2025

  Two Ukrainian nationals who were extradited from the Kingdom of Thailand to the United States in September 2024 were sentenced today on charges related to labor-staffing companies they operated in Florida. Oleg Oliynyk and Oleksandr Yurchyk were each sentenced to 15 years in prison for conspiracy to defraud the United States and conspiracy to commit money laundering.

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  Thunder Bay mining company director sentenced for tax evasion

  Canada Revenue Service

  January 27, 2025

  The Canada Revenue Agency (CRA) announced today that Henry Grant Wetelainen (Wetelainen) of Thunder Bay, Ontario, was sentenced in the Thunder Bay Courthouse on January 21, 2025, to a conditional sentence of two years less a day and a fine of $128,101. On June 5, 2023, Wetelainen, as an individual and as a director of 1584859 Ontario Inc., was found guilty of three counts of evading the payment of taxes and one count of making a false statement in his tax returns.

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  Financial sanctions update: Belarus

  OFSI

  January 27, 2025

  On 27 January 2025 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze:

  • ALEVKURP OJSC (Group ID: 16737)
  • Andrei Valerievich ANANEKO (Group ID: 16738)
  • Mikhail Petrovitch BEDUNKEVICH (Group ID: 16743)
  • Viktor Alexandrovich DUBROVKA (Group ID: 16745)
  • Igor Vasilyevich KARPENKO (Group ID: 16740)
  • Pavel Ivanovich KAZAKOV (Group ID: 16744)
  • Andrey Mikhailovich TSEDRIK (Group ID: 16739)
  • KB UNMANNED HELICOPTERS (UAVHELI) (Group ID: 16741)
  • LEDMASH PLANT JSC (Group ID: 16742)

  OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes.