Money laundering

Man who opened bank accounts that received over $800k in alleged scam proceeds to be charged

Investigations found that the man was tasked by unknown individuals to incorporate a company and open bank accounts, and was promised $5,000 in return.

Kyiv hails Hungary returning seized cash, eyes mending ties

FILE PHOTO: Ukrainian President Volodymyr Zelenskiy arrives for the European Political Community summit in Yerevan, Armenia, May 4, 2026. Hayk Baghdasaryan/Photolure via REUTERS/ File Photo

$3b money laundering case exposed gaps in S’pore’s corporate gatekeeping systems: FATF

Gold bars seized by police in the $3-billion money laundering case. The Financial Action Task Force said the case showed how attractive Singapore is to criminals.

S’pore tough on financial crime but some improvements needed: Global financial watchdog report

Fraud, particularly scams and cyber-enabled fraud, is the most prominent money laundering threat facing Singapore, the Financial Action Task Force said.

Thai court jails ex-senator’s son for 132 years in online gambling and money laundering case

Under Thai law, however, the defendant's effective prison term is capped at 20 years.

Austria falling short in fight against money laundering, says global watchdog

A general view of the city skyline in Vienna, Austria, April 16, 2025. REUTERS/Elisabeth Mandl

Jail term upped for man who financed syndicate that sold anonymous chat accounts to scammers

The syndicate generated more than $887,000 in profits from selling WhatsApp and WeChat accounts to customers mostly based overseas in countries including Malaysia, Myanmar and Cambodia.

Bulgaria uncovers cannabis farm inside former zinc mine

An underground cannabis farm built inside a former mine and uncovered during a police operation near Kyustendil, Bulgaria, this handout image released on April 29, 2026. Bulgarian Interior Ministry/Handout via REUTERS

Swiss court discontinues Karimova trial

FILE PHOTO: Designer Gulnara Karimova (L), daughter of Uzbekistan's President Islam Karimov, stands with a model after presenting her Guli Collection at China Fashion Week in Beijing October 30, 2012. REUTERS/Jason Lee/File Photo

Swiss money laundering trial of Uzbekistan's Karimova and Lombard Odier begins

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.