68 h. ago Leading Turkish broadcaster seized by state as part of fraud and tax investigation

ISTANBUL (AP) — One of Turkey’s largest television news broadcasters has been confiscated by the state as part of a fraud, tax evasion and money laundering investigation, media reported Thursday. Haberturk was one of 121 companies belonging to Can Holding to be seized and transferred to the state-run Savings Deposit Insurance Fund, the state-run Anadolu […]

Economics

2 w. ago The Treasury Department wants US banks to monitor for suspected Chinese money laundering networks

WASHINGTON (AP) — The Treasury Department wants U.S. financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used to fuel the flood of fentanyl across American communities. An advisory Thursday to banks, brokers and others highlights how such operations are working with Mexican drug cartels. The Trump administration is calling […]

Culture

2 w. ago B.C. Lottery Corp. says it was ’ambushed’ by Fintrac in money laundering probe

VANCOUVER — The British Columbia Lottery Corp. is taking the federal government to court, claiming it was wrongly penalized more than $1 million for anti-money laundering and terrorist financing violations earlier this year by a federal financial watchdog. The lottery corporation filed a notice of appeal last week in Federal Court against Fintrac for allegedly […]

Other

2 w. ago BC Lottery Corp. says it was ‘ambushed’ in money laundering investigation

VANCOUVER — The British Columbia Lottery Corp. says it was wrongly penalized more than $1 million for anti-money laundering and terrorist financing violations earlier this year by a federal watchdog. The lottery corporation says in a notice of appeal filed last week in Federal Court that the Financial Transactions and Reports Analysis Centre of Canada […]

Economics

3 w. ago Brazilian police accuse Bolsonaro of receiving $5M, suspect money laundering

BRASILIA — Brazilian federal police accuse former president Jair Bolsonaro of receiving large sums of money without apparent justification between March 2023 and February 2024, according to documents obtained by The Associated Press on Thursday, potentially adding to the embattled former leader’s legal woes. Investigators say Brazil’s financial watchdog suspects it has a case of […]

Economics

3 w. ago Charity casino at CNE fined $199K for violating federal anti

'CNE Casino denies that it has committed any violation of the (proceeds of crime act) or its Regulations,' casino lawyer says in court appeal of violation and bug penalties

Economics