Money laundering

1010 WINS Newsroom
April 06, 2020 - 7:06 pm
NEW YORK (AP) — Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and 2022...
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In this photo provided by the Davis County Sheriff's Office shows Lev Aslan Dermen. Openings arguments are set Wednesday, Jan. 29, 2020, in Utah for a California businessman who prosecutors accuse of being a key figure in a $511 million tax credit scheme carried out by two executives of a Salt Lake City biodiesel company linked to a polygamous group. The men from the polygamous group pleaded guilty last year to money fraud and other charges and are expected to testify against Lev Aslan Dermen, who has pleaded not guilty. (Davis County Sheriff's Office, via AP)
1010 WINS Newsroom
March 16, 2020 - 6:34 pm
SALT LAKE CITY (AP) — A California businessman accused of helping a pair of Utah polygamists expand a biodiesel fraud scheme that ended up stealing nearly $500 million in government funds was found guilty Monday on 10 counts including money laundering and mail fraud. The verdict against gas station...
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1010 WINS Newsroom
March 11, 2020 - 2:19 pm
MIAMI (AP) — A University of Miami professor who is a top expert on money laundering in Latin America is scheduled to plead guilty for trying to hide $3 million in proceeds from a corruption scheme with Venezuela's socialist government. Bruce Bagley, 73, was arrested in November on three counts of...
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Cryptocurrency
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1010 WINS Newsroom
March 02, 2020 - 2:20 pm
WASHINGTON (AP) — Two Chinese nationals were charged Monday with laundering over $100 million in cryptocurrency that had been stolen by North Korean hackers, U.S. prosecutors said. Tian Yinyin and Li Jiadong were charged in an indictment unsealed in Washington with money laundering conspiracy and...
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FILE - This June 13, 2016 file photo shows Drug Enforcement Administration (DEA) agents in Florida. On Friday, Feb. 21, 2020, the FBI arrested U.S. federal narcotics agent Jose Irizarry and his wife, Nathalia Gomez Irizarry, at their residence in Puerto Rico, according to a law enforcement official familiar with the arrest. He has been charged with conspiring to launder money with the very same Colombian drug cartels he was supposed to be fighting. (Joe Burbank/Orlando Sentinel via AP, File)
1010 WINS Newsroom
February 22, 2020 - 10:10 am
MIAMI (AP) — A once-standout U.S. federal narcotics agent known for spending lavishly on luxury cars and Tiffany jewelry has been arrested on charges of conspiring to launder money with the same Colombian drug cartel he was supposed to be fighting. Jose Irizarry and his wife were arrested Friday at...
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1010 WINS Newsroom
February 20, 2020 - 2:58 am
GENEVA (AP) — Switzerland’s financial market authority has penalized Julius Baer bank for violating its obligations to fight money laundering over a nearly nine-year span. The sanctions are related to alleged corruption linked to Venezuela’s state-owned oil company and global soccer body FIFA. The...
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President Donald Trump talks to the media before he boards Air Force One for a trip to Los Angeles to attend a campaign fundraiser, Tuesday, Feb. 18, 2020, at Andrews Air Force Base, Md. (AP Photo/Evan Vucci)
1010 WINS Newsroom
February 19, 2020 - 6:17 am
WASHINGTON (AP) — President Donald Trump went on a clemency blitz Tuesday, commuting former Illinois Gov. Rod Blagojevich's 14-year prison sentence and pardoning former New York City police commissioner Bernie Kerik, among a long list of others. Those who got a break from Trump include financier...
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1010 WINS Newsroom
February 12, 2020 - 3:16 am
NICOSIA, Cyprus (AP) — Cyprus needs to step up its fight against the laundering of illicit cash generated outside the east Mediterranean island nation, a leading European financial watchdog said Wednesday. Moneyval, which is part of the Council of Europe, the continent's leading human rights...
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1010 WINS Newsroom
February 11, 2020 - 1:39 pm
TEGUCIGALPA, Honduras (AP) — Honduran authorities on Tuesday arrested the head of the national police, accusing him and his wife of money laundering. Authorities arrested Leonel Luciano Sauceda and his wife, Patricia Sbeltlana Estrada on money laundering charges. They said in a statement that the...
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In this photo provided by the Davis County Sheriff's Office shows Lev Aslan Dermen. Openings arguments are set Wednesday, Jan. 29, 2020, in Utah for a California businessman who prosecutors accuse of being a key figure in a $511 million tax credit scheme carried out by two executives of a Salt Lake City biodiesel company linked to a polygamous group. The men from the polygamous group pleaded guilty last year to money fraud and other charges and are expected to testify against Lev Aslan Dermen, who has pleaded not guilty. (Davis County Sheriff's Office, via AP)
1010 WINS Newsroom
January 30, 2020 - 3:36 pm
SALT LAKE CITY (AP) — A California businessman accused of leading a nearly $500 million biodiesel fraud scheme was actually being used by a Utah polygamist who didn't want to share the proceeds with his community, a defense attorney said Thursday. Polygamist Jacob Kingston previously pleaded guilty...
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