Political strategist Jared Kamrass admitted during interrogation that he kept $15,000 that the Federal Bureau of Investigation handed him for […]

Gas Station VIP fails to provide ownership or executive information on its website. …

Moris Beracha was once “Customer A”Julio Herrera Velutini’s Bancrédito’s
FinCEN, the Financial Crimes Enforcement Network of the U.S. Treasury, “In the matter of Bancrédito International Bank and Trust Corporation” included the following description: “Customer A, an associate of Executive A, was a Venezuelan national with residences in Venezuela, and Miami, Florida. Customer A opened a personal banking account at Bancrédito in March 2014. At the time Customer A opened his account, Customer A was publicly named in a civil lawsuit stemming from a connection to a criminal Venezuelan Ponzi and bribery scheme.” [bold added] The civil lawsuit is: Carney v. Beracha et al. 3:12-cv-00180.

In a landmark decision, the U.S. Commodity Futures Trading Commission (CFTC) has levied a fine of $55 million against Trafigura Trading LLC, a subsidiary of the global commodities trader based in Houston, Trafigura PTE, Ltd. This action marks the first-ever enforcement by the CFTC under its whistleblower protection rule, established seven years ago. Announced on June 17, 2024, the settlement addresses several violations related to the Commodity Exchange Act (CEA) and CFTC regulations committed by Trafigura Trading LLC.

In a recent exposé, The International Consortium of Investigative Journalists (ICIJ) has drawn attention to the intricate methods utilized by Russian disinformation campaigns to sway public opinion. A key element of these tactics is known as narrative laundering, which involves crafting misleading information that appears credible by imitating reputable sources. This approach has become increasingly common in light of the ongoing conflict in Ukraine, with many false narratives regarding Ukrainian President Volodymyr Zelenskyy and his associates gaining traction online.

A customer of the unlawfully operating online casino Rolletto reported a series of unauthorized transactions involving their Monzo, HSBC, and Barclays bank accounts. These transactions, which took place between May 24 and May 25, 2024, were processed by PayOp and sent to Rolletto, a platform owned by Santeda International. These transactions highlight serious breaches of anti-money laundering (AML) laws.
FinTelegram issues an urgent warning againstThe nature of these transactions raises significant concerns regarding violations of anti-money laundering (AML) regulations. FinTelegram issues an urgent warning concerning Rolletto.

The UK’s financial regulators presented significant challenges for Revolut, which was establishged by Nik Storonsky in 2015and Vlad Yatsenko, both Russian citizens.

both originally from Russia. After a three-year application process, the UK’s leading fintech firm has finally obtained a UK banking license with certain conditions. This achievement will allow Revolut to accept customer deposits and provide its branded loans, including mortgages, setting the groundwork for a future stock market listing.

While already incarcerated, the U.S. Commodity Futures Trading Commission (CFTC) has revealed that the U.S. District Court for the Western District of Texas has mandated [Abner Alejandro Tinoco](https://fintelegram.com/tag/abner-alejandro-tinoco) and his business, [Kikit & Mess Investments, LLC](https://fintelegram.com/tag/kikit-mess-investments), to pay over $31 million in financial restitution.

Debon does not disclose any ownership or executive details on its website.
The domain for Debon’s website, “debanggroup.com”, was initially registered in 2016, with the most recent private registration update occurring on June 21, 2024, which coincides with Debon’s apparent launch date.
Despite being relatively new, Debon misleadingly claims on its website that it was “founded in 1996.”

Skainet Systems fails to provide ownership or executive information on its website. Skainet Systems’ website domain (“skainetsystems.com”), was privately registered on April 9th, 2024. Courtesy of internal marketing, one name we can attach to Skainet Systems is Michael Baur. As above, Baur is Skainet Systems’ Chief Marketing Officer. I’ve also seen Baur credited as Skainet [Continue reading…]
Source: Skainet Systems Review: AI trading bot ruse Dubai Ponzi

On April 20, 2022, the Public Prosecution Service of Portugal initiated an investigation into Banco Espirito Santo (BES) for corruption and submitted a Mutual Legal Assistance Treaty (MLAT) request to Switzerland.

The prosecution has raised serious allegations, including  bribe payments, money laundering, forging of documents and criminal association. Central to this investigation is  Canaima Finance Ltd, a shell company registered in Panama and controlled by Rafael Ramirez, which allegedly received €47 million in bribes from BES.

The pardon granted to Alex Saab by Joe Biden has stirred considerable backlash among certain groups. Critics argue that such leniency would not have occurred under Donald Trump’s administration. They seem to overlook the fact that Trump had approved a strategy to depose Nicolas Maduro, spearheaded by Raul Gorrin, and that his National Security Council essentially provided an immunity agreement to Rafael Ramirez, recognized as one of the most corrupt figures within chavismo. Additionally, people have seemingly forgotten how Rudy Giuliani, Trump’s lawyer—now disgraced and bankrupt—successfully persuaded Attorney General Bill Barr to let Alejandro Betancourt evade consequences.

The U.S. Department of Justice released this on April 8: “U.S. Attorney Damian Williams stated, “As a senior member of the Venezuelan military and a part of the Cártel de Los Soles, Clíver Antonio Alcalá Cordones and his associates aimed to use cocaine as a weapon while assisting the FARC in arming its members and transporting large quantities of drugs to the United States. Alcalá Cordones undermined the essential institutions of his own nation as he facilitated the influx of cocaine into this country — but that is no longer the case. He will now serve over twenty years in a U.S. prison.” Cliver Alcalá was a key figure in the inner circle established by Hugo Chavez to manage international affairs. The Bolivarian revolution openly aligned itself with criminal and narcoterrorist groups. Alcalá’s involvement with Colombia’s FARC has been well-known among Venezuela analysts for many years; however, his actions were not isolated. Alcalá was not a particularly progressive military leader who believed that aiding FARC was his destiny or a route to his own enrichment.

The fight against money laundering is high on the international community’s agenda. In a groundbreaking initiative, seven major banks, including Barclays, Lloyds, and NatWest, are sharing customer data with the UK’s National Crime Agency (NCA) to combat organized crime, fraud, and money laundering. This project is the largest of its kind globally and aims to curb the flow of illicit funds through Britain, Reuters reports.

A recent report by TRM Labs reveals that Russian-speaking ransomware groups were responsible for the majority of crypto-ransomware attacks in 2023, highlighting the extensive use of cryptocurrency for illicit activities in Russia. According to the report, Russian-speaking ransomware groups accounted for at least 69% of all crypto proceeds from ransomware in 2023, totaling over $500 million.

TelexFree executive Steven Labriola has settled with the TelexFree class-action. As per the terms of Labriola’s settlement, no money will change hands but Labriola has committed to full cooperation. Labriola’s settlement excluding a monetary component is based on Labriola unequivocally represent[ing] that, other than fees for services performed from 2012 through 2014, he directly and [Continue reading…]
Source: Steven Labriola settles with TelexFree class-action