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End of Quarter Clearance at OFAC: an enforcement action, a related guidance document… oh, and yes, Libyan sanctions regs

Sanctions Compliance Guidance for Instant Payment Systems; Settlement Agreement between OFAC and Tango Card, Inc.; Issuance of Libyan Sanctions Regulations Release date 09/30/2022 Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing “Sanctions Compliance Guidance for Instant Payment Systems” which emphasizes the importance of […]

Bank Fraud & Money Laundering = Guilty Verdict

Department of Justice U.S. Attorney’s Office Southern District of New York FOR IMMEDIATE RELEASE Friday, September 2, 2022 Queens Man Convicted Of Money Laundering And Bank Fraud Djonibek Rahmankulov Laundered Millions of Dollars of Proceeds from Fraudulently Obtained COVID SBA Loans, Medicare and Medicaid Fraud, and Computer Hacking Damian Williams, […]

I guess it was just a matter of time: Deripaska & Friends indicted for sanctions evasion & obstruction of justice

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, September 29, 2022 Russian Oligarch Oleg Vladimirovich Deripaska and Associates Indicted for Sanctions Evasion and Obstruction of Justice U.S. Citizen Arrested for Her Role in Facilitating Illicit Travel by Deripaska’s Girlfriend and in Real Estate Transactions The Justice Department […]

Doc charged with laundering wire fraud proceeds

Department of Justice U.S. Attorney’s Office Eastern District of Louisiana FOR IMMEDIATE RELEASE Friday, September 16, 2022 Dr. Charles J. Southall, III Charged with Money Laundering NEW ORLEANS –  U.S. Attorney Duane A. Evans announced that on September 15, 2022 , DR. CHARLES J. SOUTHALL, III, age 64, was charged in a […]

Florida man admits money laundering in Boston

Department of Justice U.S. Attorney’s Office District of Massachusetts FOR IMMEDIATE RELEASE Friday, September 16, 2022 Florida Man Pleads Guilty to Money Laundering Defendant laundered proceeds of international Ponzi-style investment fraud scheme BOSTON – A Florida man pleaded guilty yesterday in federal court in Boston in connection with operating an […]