Money laundering
Former director of Panama's Instituto para la Formación y Aprovechamiento de Recursos Humanos (IFARHU), Bernardo 'Nando' Meneses, faces four judicial proceedings for aggravated embezzlement and money laundering involving 11 people.
Money laundering
Ecuador's police arrested Vicko Villacís, opposition mayor of Esmeraldas from Citizens' Revolution movement (founded by former president Rafael Correa), on suspicion of money laundering.
Money laundering
Guatemala's Congress passed comprehensive anti-money laundering legislation with 147 votes. Decree 15-2026 represents significant update to country's legal framework for combating financial crimes.
Money laundering
Security and justice ministers from all Mercosur member states and associated countries (Argentina, Brazil, Paraguay, Uruguay, Bolivia) signed the 'Asunción Commitment 2026 against Corruption and Organized Crime' at the 55th Meeting of Interior Ministers and 63rd Meeting of Justice Ministers (May 26-29) in Asunción.
Money laundering
Chilean authorities dismantled Tren de Aragua criminal cell that laundered over USD 87 million to Colombia through cryptocurrency companies.
Money laundering
Chile hosted a summit in early June 2026 with Argentina, Peru, Ecuador, and Bolivia to establish joint measures against organized crime and violence.
Money laundering
Spanish National Police dismantled a criminal organization conducting sophisticated banking scams across Spain through 'smishing' and 'vishing'. 23 people arrested (17 men, 6 women) in Barcelona and Murcia.
Prosecutors at Copenhagen City Court are demanding 6.6 billion DKK (approximately €880 million) fine against Nordea for failing to prevent money laundering.
Money laundering
Belgian prosecutors opened investigation into Wise Europe over allegations accounts were used to launder proceeds from fraud, corruption and drug trafficking.
Money laundering
Mediapart and the European Investigative Collaborations network revealed that British payments platform Wise is being prosecuted in Belgium for money laundering involving over €500 million, connected to hundreds of criminal cases in France and across Europe.
Money laundering
German regulator BaFin imposed €75,000 fine on AIL Leasing München AG for anti-money laundering law breaches. Company failed to document in several cases why it did not file suspicious transaction reports and failed to submit STR in timely manner.
Money laundering
Facundo Leal, 42-year-old lawyer, former president of state company ARSAT (2022-2026) and former director of ORSNA appointed by the Milei administration in 2025, was detained for alleged money laundering and drug trafficking.
Money laundering
On May 29, Ecuador's Prosecutor's Office included the wife, mother and two cousins of jailed Guayaquil Mayor Aquiles Álvarez in a case for alleged money laundering.
Money laundering
Operation Chameleón concluded its preliminary stage in late May 2026, investigating a corruption and money laundering network within the National Institute of Traffic and Land Transportation (Intrant), involving former director Hugo Beras and businessman José Ángel Gómez Canaán. The SeNaSa 2.
Money laundering
On May 29, the General Prosecutor's Office dismantled the criminal organization 'Del Caballito', dedicated to money laundering and issuance of false tax receipts. 440 personnel were deployed across nine states with 30 simultaneous raids.
Buenos Aires Provincial Prosecutor's Office conducted 90 simultaneous raids across Argentina (Buenos Aires, Jujuy, Mendoza, Santa Fe, Misiones, Córdoba, Formosa, Entre Ríos), resulting in 21 arrests for investment fraud, fake applications, and money laundering through cryptocurrencies.
Money laundering
DOJ unsealed an indictment charging Ruhuan Zhen and Hongce Wu, both Chinese nationals, with conspiracy to commit money laundering in connection with transnational criminal organizations, including the Sinaloa Cartel and CJNG.
Money laundering
Colombian Technical Investigation Corps arrested Chinese citizen Haibo Zhang (alias Chokan) who allegedly directed extensive international money laundering operation. Operated from Bogotá and Valle del Cauca, established organization's central infrastructure.
On May 26-27, 2026, Federal Court of Australia imposed civil penalties of $50,000 against Castra Licensee Pty Ltd and $45,000 against Princeton Securities (NSW) Pty Ltd after they failed to pay infringement notices issued by AUSTRAC in September 2024 for alleged breaches of the AML/CTF Act.
Money laundering
Third cooperating witness Gabriel Mizzau, public accountant, admitted to simultaneously working for former Judge Marcelo Bailaque and drug trafficker Esteban Lindor Alvarado. Confessed to money laundering 2014-2018 through two shell companies belonging to Alvarado organization.
Colombia's National Police executed Operation Nemesis Plus, seizing properties valued at over 24.934 billion pesos ($24.9B COP) for asset forfeiture.
Money laundering
Greg Lindberg, 56, Tampa, Florida, sentenced to 12 years for orchestrating multibillion-dollar insurance fraud and bribery scheme (2016-2019).
Money laundering
Global Remit Currency Services, an international money transfer company, faces police investigation for suspected serious violations of Israel's anti-money laundering law.
Money laundering
Judge Marcelo Aguinsky charged Luis Fernando Vuteff, Argentine financier, with money laundering of illicit sources conducted habitually and imposed an embargo of $5.1 million USD. Vuteff was convicted in the US (December 2024) to 30 months in prison for conspiracy to launder $1.
Money laundering
Described as 'largest financial crime operation in Republic history,' MASAK analyses revealed ~100 billion Turkish lira and $2 billion (91 billion TL) in criminal proceeds laundered through financial system.
The Monetary Authority of Singapore imposed a composition penalty of S$300,000 on Padang Trust Singapore Pte. Ltd., a licensed trust company, for breaches of Anti-Money Laundering and Countering the Financing of Terrorism requirements.
Money laundering
Alex Saab was deported from Caracas to the United States on May 16, 2026, following the capture of Nicolás Maduro and Cilia Flores on January 3, 2026.
Money laundering
A Georgian citizen was sentenced to 37 months in prison for laundering more than $1.1 million in illicit health care fraud proceeds to his co-conspirators located abroad.
Ruhuan Zhen and Hongce Wu, Chinese nationals, charged with conspiracy to commit money laundering in connection with Sinaloa Cartel and Cartel de Jalisco Nueva Generación (CJNG). Indicted April 24, 2025 by federal grand jury in Alexandria, Virginia; remain at large.
Money laundering
Spanish National Police disrupted family operation in Melilla engaged in money laundering for drug trafficking network. Three arrested (two women, one man) were relatives of organization's leader detained in Málaga during earlier phase.
Money laundering
Colombian citizen Alex Saab, described as primary financial operator for Maduro's Venezuelan regime, faces federal charges in Miami.
Money laundering
Two high-level economic operators of the Ortega-Murillo regime face accusations of laundering approximately $10 billion—nearly half of Nicaragua's GDP.
Money laundering
A federal grand jury in the District of Columbia returned a superseding indictment against Audias Flores Silva, a high-ranking CJNG leader, on charges including money laundering conspiracy.
Money laundering
Antalya Manavgat Municipality Mayor Niyazi Nefi Kara sentenced to 46 years 10 months 15 days in prison and 2.5 million lira administrative fine for organizing crime syndicate, bribery, extortion, embezzlement, and money laundering.
Financial Transactions and Reports Analysis Centre of Canada imposed administrative monetary penalty on 13010431 Canada Inc. for non-compliance with Proceeds of Crime (Money Laundering) and Terrorist Financing Act requirements.
Money laundering
OCCRP and 12 partners gained access to over 3,800 files of evidence, police reports, chat logs from French investigation into Sky Global, company behind Sky ECC encrypted phones.
Money laundering
UAE Minister Abdulla bin Touq toured Dubai Gold Souq to meet with traders as part of enforcement efforts against illicit gold transactions linked to money laundering and terrorism financing. The initiative targets 'dirty gold' - precious metals with origins in illegal financial flows.
Money laundering
Andriy Yermak, 54, Ukrainian President Zelenskyy's former chief of staff, appeared in court as prosecutors sought detention on money laundering charges. Ukraine's anti-corruption court ordered arrest with bail set at 140M hryvnias ($3.19M). Prosecutors allege Yermak funneled ~460M hryvnias ($10.
Money laundering
State Attorney's Office filed indictment against Elazar Vigdorowitz, 34, former 'operations officer' of Gur Hasidic sect, for elaborate real estate fraud scheme. Charges include fraud under aggravated circumstances, document forgery, use of forged documents, and money laundering.
Money laundering
Dubai Police Anti-Fraud Center warned of part-time job scam where victims are lured through social media with easy work offers, then their bank accounts are exploited to launder money from fraud operations.
Money laundering
Swiss regulator FINMA launched consultation (until June 9, 2026) on partially revised AML Ordinance addressing beneficial ownership transparency, Embargo Act compliance to prevent sanctions breaches, and FATF recommendations implementation.
Money laundering
Spain's People's Party demanded accountability from former president José Luis Rodríguez Zapatero and PM Pedro Sánchez regarding alleged money laundering.
Money laundering
Mexican tax authority (SAT) detected a complex money laundering structure that allegedly moved approximately 10 billion pesos in less than three years.
FinCEN issued alert FIN-2026-Alert002 outlining funding streams and procurement networks supporting Iran's Islamic Revolutionary Guard Corps (IRGC).
OFAC designated 12 individuals and entities for facilitating IRGC oil sales to China through front companies.
Money laundering
OCCRP investigation revealed Worldclear, tiny New Zealand payment firm, transferred hundreds of millions for high-risk clients including wire fraud fugitives, tax fraud convicts, and Belarusian oligarch.
Australian regulator AUSTRAC expressed serious concerns about Tabcorp's money laundering and terrorism financing risk management controls, commenced enforcement investigation. Focus on effectiveness of Tabcorp's AML/CTF program and customer monitoring processes.
Money laundering
Antalya Metropolitan Municipality Mayor Muhittin Böcek appeared before a judge regarding allegations in a bribery and corruption investigation.
FINTRAC imposed a $51,562.50 administrative monetary penalty on Birks Group Inc., a precious metals and stones dealer with Canadian retail locations, following a compliance examination.
FINTRAC issued a $24,750 administrative monetary penalty to RE/MAX Twin City Realty Inc., a real estate brokerage with locations across southwestern Ontario. The company failed to properly assess and document risks related to money laundering and terrorist financing offences.
FINTRAC imposed an administrative monetary penalty of $42,075 on VersaBank, headquartered in London, Ontario, on February 23, 2026 for AML/CTF compliance violations.
Money laundering
FIA conducted largest hawala-hundi crackdown in KP history with major raid near Chakdara Toll Plaza in Malakand district. Two suspects Muhammad Imran and Usman arrested, with authorities recovering over 250 million rupees from their possession.
Money laundering
Dubai Police, in coordination with FBI and Chinese Ministry of Public Security under UAE Ministry of Interior, dismantled nine scam centers and arrested 276 individuals involved in cryptocurrency investment fraud schemes including 'pig butchering' scams, high-yield investment fraud, and virtual currency fraud.
Money laundering
Israeli police arrested 5 suspects and detained 5 additional individuals including a sitting northern regional council head on suspicion of bribery.
Money laundering
Major scandal uncovered involving 120 billion rupees money laundering through solar panel over-invoicing from 2017 to 2022.
Money laundering
Prime Minister Shehbaz Sharif ordered immediate legal action against all individuals involved in 120 billion rupees solar panel over-invoicing and money laundering case.
Money laundering
The ACPR Sanctions Commission issued a reprimand and a pecuniary sanction of €1.3 million to MoneyGram International SA on 19 March 2026.
Money laundering
Montgomery, Alabama grand jury indicted the SPLC on 11 counts alleging the organization diverted over $3 million in donor funds (2014-2023) to individuals associated with violent extremist groups including KKK, Aryan Nations, National Socialist Movement, and American Nazi Party through fictitious…
Russian businessman Denis Katsyv, suspected in money laundering from the Magnitsky case, withdrew approximately 6 million Swiss francs from Switzerland to his accounts abroad. Switzerland had blocked the assets for ten years as part of the tax fraud investigation uncovered by Sergei Magnitsky.
Money laundering
The State Prosecutor's Office filed an indictment in the Central District Court (Lod) against seven military and police officers from classified units, along with several civilians and one East Jerusalem resident.
Money laundering
On April 1, 2026, the AMF imposed a €300,000 fine on Kerdiz Finance et Conseil and €75,000 fines each on directors Anthony Finck and Marc Peuvrier, plus a five-year ban on financial advisory activity.
Money laundering
The Central Bank of the UAE rolled out fresh anti-money laundering and counter-terror financing guidelines, tightening expectations for banks and money transfer operators, with clearer supervisory expectations across customer verification, trade finance monitoring and correspondent banking.
Money laundering
The National Committee for Anti-Money Laundering, Combating the Financing of Terrorism and Proliferation Financing adopted a comprehensive set of decisions and initiatives during its second meeting of 2026 aimed at enhancing national readiness and advancing investigation and enforcement tools.
Money laundering
Pascal N., 65 years old, resident and well-known entrepreneur of Saint-Briac-sur-Mer (Ille-et-Vilaine), is suspected of orchestrating a vast national Ponzi scheme that defrauded approximately 500 investors for a total amount of €106 million.
Money laundering
Seven people were placed under investigation on 26 March 2026 in a health insurance fraud case involving an estimated amount of €58 million, according to Paris prosecutor Laure Beccuau. The charges include organized fraud, organized money laundering and participation in a criminal association.
Money laundering
BaFin imposed three administrative fines totaling €140,000 on Frankfurt-based DLT Securities GmbH for violations of the Anti-Money Laundering Act from at least May 1, 2022 to February 18, 2025.
Money laundering
Pakistani government announced major crackdown against money laundering and hawala-hundi operations in meeting chaired by Interior Minister Mohsin Naqvi and Finance Minister Muhammad Aurangzeb. Joint working group comprising State Bank of Pakistan and FIA formed to monitor progress.
MAS issued prohibition orders against Wang Qiming (16 years) and Liu Kai (7 years), former relationship managers convicted of charges connected to major August 2023 money laundering case involving S$3 billion.
Money laundering
Kuwait Ministry of Commerce and Industry issued Ministerial Decision No. 25 of 2026 establishing comprehensive anti-money laundering violations framework with three severity tiers. Low-risk violations: fines up to 500,000 KWD. Medium-risk: fines plus 3-month license suspension.
Money laundering
The 2026 US National Money Laundering Risk Report identifies Sinaloa Cartel and Jalisco New Generation Cartel (CJNG) as the two main transnational organized crime threats, capable of infiltrating banks, remittance companies, exchange houses, and law firms to recycle billions.
Money laundering
Deferred Prosecution Agreement reached between U.S. Department of Justice and Halkbank on March 9, 2026 regarding fraud, money laundering, and sanctions violations charges.
Singapore Police and MAS jointly conducted enforcement operations March 5, 2026 against Capital Asia Investments Pte Ltd and its directors for suspected money laundering offences and suspected failure to comply with obligations as licensed capital markets services licence holder.
Money laundering
Bellingcat investigation revealed Daniel and Christy Kinahan, leaders of €1.5 billion Kinahan cartel, photographed at Dubai MMA event in June 2025, marking most recent sighting since U.S. government placed multi-million dollar bounties on them.
Money laundering
FinCEN imposed $80 million civil penalty on Canaccord Genuity LLC for willful failure to implement effective AML program (March 2018-June 2024).
FinCEN imposed $80 million civil money penalty against Canaccord Genuity LLC for willful BSA violations during March 2018-June 2024. Largest penalty ever imposed against a broker-dealer for BSA violations. Combined with SEC ($20M) and FINRA ($20M) penalties totaling $120M.
Money laundering
In March 2026, Kuwait's Ministry of Commerce and Industry issued Ministerial Resolution No. 25 of 2026, establishing a matrix of violations and penalties related to anti-money laundering and counter-terrorism financing requirements for designated non-financial businesses and professions.
Money laundering
Swiss regulator FINMA concluded enforcement proceedings against MBaer Merchant Bank AG concerning anti-money laundering rules and sanctions risk management. U.S. FinCEN designated MBaer as financial institution of primary money laundering concern, alleging bank funneled over $100 million through U.
FinCEN designated MBaer Merchant Bank AG as an institution of primary money laundering concern under Section 311 of the USA PATRIOT Act, proposing to prohibit U.S. banks from maintaining correspondent accounts with MBaer.
Money laundering
Christopher Alexander Delgado, 34, Apopka, Florida, charged with operating Goliath Ventures (formerly Gen-Z Venture Firm) cryptocurrency Ponzi scheme (January 2023-January 2026).
Money laundering
Daren Li, a Chinese and Saint Kitts and Nevis national, is on the run from a 20-year US prison sentence for his role in a Cambodia-based cryptocurrency scam operation.
Money laundering
On February 18, 2026, a federal jury in Pennsylvania found Charles Hunter Hobson — a former U.S.-based coal company executive — guilty of violating the FCPA and other federal criminal laws for alleged bribes paid through a third party to secure lucrative contracts with a state-run company overseas.
Money laundering
EU's Anti-Money Laundering Authority (AMLA) launched consultations in February 2026 on three draft regulatory technical standards: (1) customer due diligence, (2) criteria for identifying business relationships, occasional transactions, and linked transactions, and (3) financial sanctions, administrative measures, and periodic penalty payments.
FATF added Kuwait and Papua New Guinea to jurisdictions under increased monitoring (grey list) at February 11-13, 2026 plenary. Both made high-level political commitments to strengthen AML/CFT regimes.
Money laundering
The president of the Paris judicial court approved a public interest judicial agreement (CJIP) between the National Financial Prosecutor's Office and Paprec.
On February 9, 2026, gendarmes in Provence-Alpes-Côte d'Azur dismantled a social fraud and money laundering network following a routine traffic stop. Damages to tax services, URSSAF (social security), and CAF (family allowances) estimated at nearly €1.8 million.
Money laundering
Renat Abramov, 36, Bank of America relationship manager in Brooklyn, pleaded guilty to conspiracy to commit money laundering for participating in scheme to launder $8+ million in fraudulently obtained Medicare reimbursements.
Money laundering
Market Financial Solutions (MFS), a London-based bridging finance lender, entered administration in February 2026 amid allegations of serious misconduct, with creditors facing an estimated shortfall of over £1.3 billion.
The FATF indicated that if Myanmar makes no further progress by June 2026, it will consider countermeasures related to anti-money laundering deficiencies.
BaFin imposed €325,000 fine on VR-Bank Bad Salzungen Schmalkalden eG for deficiencies in anti-money laundering prevention during fiscal year 2023 under former management.
Money laundering
On 15 January 2026, the Marseille criminal court sentenced Jean and Viviane Badache to 7 years in prison for organized fraud, forgery and aggravated money laundering. The Apollonia case affected approximately 750 victims with damages exceeding €1.2 billion between 2004 and 2016.
Money laundering
Yan Lin, 41, California, charged with conspiracy to launder money derived from fentanyl, cocaine, and methamphetamine sales for Mexico-based drug traffickers (March 2022-October 2024).
Treasury sanctioned criminal operators and money launderers for the notorious Sinaloa Cartel, targeting cash-to-crypto laundering networks tied to fentanyl trafficking.
Money laundering
ADGM published the 2026 update of its Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of Legal Persons and Arrangements (LPA).
The U.S. Attorney's Office filed a civil forfeiture complaint against more than $225.3 million in cryptocurrency connected to theft and laundering of funds from victims of cryptocurrency investment fraud schemes. This represents the largest cryptocurrency seizure in U.S. Secret Service history.
Money laundering
A court in the UAE convicted two Asian men of money laundering after finding them guilty of processing Dh1 million from the sale of counterfeit branded products, sentencing them to one year in prison and imposing fines of Dh1 million.
Money laundering
In its decision of 31 December 2025, the Sanctions Commission imposed fines of 200,000 €, 70,000 € and 35,000 € respectively against M Capital Partners and its executives, Rudy Secco and Stéphanie Minissier, for breaches of several professional obligations between August 2019 and December 2023.
Money laundering
In its decision of 10 December 2025, the Sanctions Commission imposed fines of 400,000 € and 100,000 € respectively against asset management company Novaxia Investissement and one of its former executives, Joachim Azan, for breaching several professional obligations.
Money laundering
The State Prosecutor's Office filed serious indictments against five defendants accused of systematically marketing public lands in the Sakhnin area belonging to the Israel Lands Authority.
Money laundering
ICIJ investigation traced tens of thousands of cryptocurrency transactions revealing at least $28 billion tied to illicit activity flowed onto Binance, OKX and other major exchanges. Analysis found $408 million flowing from Huione Group (Cambodian institution flagged by U.S.
A vast international money laundering network linked to fake cryptocurrency investment fraud was dismantled in late October 2025, as announced by the Paris prosecutor's office in November 2025. Nearly $700 million were laundered online through this vast network.
Four police officers from Unit Lahav 433 were detained on suspicion of operating an organized money laundering framework connected to the Musli crime family's operations. The allegations include bribery, fraud, breach of trust, and privacy law violations.
Money laundering
The investment banking branch of Crédit Agricole (Cacib) accepted to pay a fine of approximately €88 million to obtain abandonment of an investigation in the 'CumCum' tax fraud affair, at a hearing before the Paris court on September 8, 2025.
Money laundering
A major police investigation centers on Chaim Kadosh (43, Holon resident) accused of operating an underground lending operation ('private bank').
The UAE Central Bank imposed fines totaling 4.1 million dirhams on three exchange companies under Article 14 of Federal Decree-Law No. 20 of 2018 concerning anti-money laundering.
The UAE Central Bank imposed fines totaling 12.3 million dirhams on six exchange companies for violations of Federal Decree-Law No. 20 of 2018 concerning anti-money laundering and combating financing of terrorism.
Money laundering
UAE Central Bank imposed financial penalties totaling 12.3 million dirhams on 6 exchange companies for failures in AML/CFT compliance framework. Violations include non-compliance with Federal Decree-Law No.
Money laundering
Central Bank of UAE imposed financial sanctions totaling AED 12.3 million ($3.35 million) on six exchange houses operating in UAE for violations and failures to comply with AML/CFT framework and related regulations. Action taken pursuant to Article 14 of Federal Decree Law No.
On June 25, 2025, FinCEN identified three Mexico-based financial institutions as primary money laundering concerns, accused of processing millions in transactions linked to Mexican drug cartels.
Money laundering
Central Bank of UAE imposed Dh200 million fine on unnamed exchange house for major violations of anti-money laundering and counter-terrorism financing regulations. Investigation revealed serious compliance failures in AML framework.
Money laundering
Kuwaiti criminal court convicted 19 defendants in major money laundering case involving 29 individuals and 9 companies. Sentences ranged from 3-10 years imprisonment. Fines included 510 million dinars (double laundered amount) for 7 defendants.
Money laundering
ADGM's Financial Services Regulatory Authority imposed total financial penalties of $12.46 million on Hayvn Group of Companies, AC Holding Limited, AC Limited, and former CEO Christopher Flinos for serious regulatory breaches.
Money laundering
Oved Cohen (32), an Arsuf resident, faces indictment (pending hearing) for intensive cryptocurrency trading on Binance between 2018-2023, generating 47.6 million shekels in income while reporting only 12.4 million.
Five people were sentenced to more than 35 years in prison after one of the biggest money laundering investigations conducted by Leicestershire Police. The investigation revealed more than £53m had been laundered by the group between 2019 and 2021 using a complex mule network and cryptocurrency.
Dubai security authorities disrupted two international money laundering networks worth 641 million dirhams. First network involved 461 million dirhams with 25 suspects including an Emirati and British nationals.
Money laundering
Financial Action Task Force (FATF) reported that Kuwait has appropriate legal and regulatory framework for anti-money laundering but noted serious deficiencies preventing effective results in combating money laundering and terrorist financing.
Money laundering
Kuwaiti Public Prosecution ordered pretrial detention of 27 suspects including 6 Kuwaiti citizens on money laundering charges following investigations by Financial Investigation Unit.
Abu Dhabi Global Market's Financial Services Regulatory Authority imposed a $360,000 fine on Wise Nuqud Ltd, a licensed money service provider, for failing to establish adequate anti-money laundering systems and controls.
Money laundering
Saudi Anti-Corruption Authority detained 233 suspects from six ministries (Defense, Interior, National Guard, Health, Justice, Municipal Affairs) in December 2021, conducting 5,518 inspection rounds and investigating 641 individuals for bribery, money laundering, embezzlement, and forgery.