Nine people are accused of running a multi-state money laundering organization that handled $20 million from internet fraud, ...

For violating anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, the Central Bank of Nigeria (CBN ...

Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for "aggravated money ...

The document itself reportedly acknowledged "weak" anti-money-laundering controls due to "longstanding issues globally" with ...

The Central Bank of Nigeria (CBN) has said penalties totaling N15 billion were imposed on 29 banks for violations of ...

A recent case involving over $400 million provides the latest example of how corrupt banks get off easy even when they should have known about the money laundering.

The feds have uncovered a years-old money laundering ring based in Nashville, and secured several indictments against the ringleaders.

A company director has been jailed for his key role in a £3 million money laundering operation. Ranbir Singh, 46, pleaded guilty to two counts of money laundering and has been sentenced to six years ...

European regulators rebuked British fintech firm Wise over its anti-money laundering controls and forced the payments group into a formal remediation plan, the Financial Times reported on Friday, ...

The NBA has warned the EFCC chairman to substantiate his allegations that lawyers are aiding money laundering or face legal ...

Money laundering makes illegal funds seem legal ... that allow them to use your bank account to clean their money. Examples might include an email telling you you’ve won a prize, or informing ...

For example, money laundering has occurred through the purchases in cash of single premium life insurance policies, with the encashment values paid through banks' accounts. For primary legislation to ...