Category: Crime

Works of art have long been identified, and sometimes even romanticized, as ideal ways for racketeers to launder money. There’s a thread of logic here: the art world typically accommodates those that want to anonymously buy high-dollar paintings, and on top of that, the industry allows large cash deals. For those looking to launder money, it’s difficult to conjure up a more attractive set of circumstances than those. There also seems to be plenty of instances where art has played…

In a high-profile case that has sent shockwaves through Nigeria’s financial sector, the Economic and Financial Crimes Commission (EFCC) on Friday, June 13, 2025, arraigned Halima Buba, the Managing Director/Chief Executive Officer of SunTrust Bank Ltd, and Innocent Mbagwu, the bank’s Executive Director/Chief Compliance Officer, before Justice Emeka Nwite at the Federal High Court in Abuja. The duo faces a six-count charge of money laundering involving a staggering $12 million, in what the EFCC describes as a blatant violation of…

Ghana’s former finance minister Kenneth Ofori-Atta has been placed on Interpol’s Red Notice list, accused of using public office for profit.

NEW YORK – A Manhattan jury found Harvey Weinstein guilty on a sex crimes charge on June 11, though the jury has not yet reached a verdict on all counts the former movie mogul faces in deliberations that have been marred by infighting and threats. Weinstein, once one of the most powerful figures in Hollywood, is facing a retrial after a state appeals court in 2024 overturned his 2020 conviction. He was accused by prosecutors in the case of raping…

WASHINGTON – U.S. government agencies tracked foreign nationals’ visits to Elon Musk’s proprieties amid concerns over possible attempts to influence the tech billionaire, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. The investigation, which tracked the foreigners in 2022 and 2023, included the Department of Homeland Security and the Justice Department, according to the report. It focused on people visiting the Musk from countries in Eastern Europe and elsewhere, the Journal said. Musk, who runs…

Five men have pleaded guilty for their roles in laundering more than $36.9 million from victims of an international digital asset investment scam conspiracy that was carried out from scam centers in Cambodia. According to court documents, Joseph Wong, 33, of Alhambra, California; Yicheng Zhang, 39, of China; Jose Somarriba, 55, of Los Angeles; Shengsheng He, 39, of La Puente, California; and Jingliang Su, 44, of China and Turkey, were part of an international criminal network that induced U.S. victims,…

A former defense contractor pleaded guilty today to tax crimes related to his scheme to defraud the United States and evade taxes on income that he earned from his contracts with the U.S. Department of Defense. The following is according to court documents and statements made in court: Douglas Edelman founded and owned 50% of Mina Corp. and Red Star Enterprises (Mina/Red Star), a defense contracting business that received more than $7 billion from contracts with the U.S. Department of…

U.S. immigration authorities detained and revoked the visa of a Russian scientist who opposes the war in Ukraine and had been conducting genetic research at Harvard Medical School, her friends and colleagues said this week. Ksenia Petrova was stopped at Boston Logan International Airport on Feb. 16 after returning from a personal trip in France. U.S. officials revoked her research visa for failing to properly declare frog embryos she had brought with her, according to The Harvard Crimson. U.S. Customs…

More than 1 million students at New York University had their personal information exposed by a hacker who took over the school’s website over the weekend. On Saturday, the hacker replaced the NYU homepage with charts and links to large student datasets categorizing standardized testing scores based on race. The hacker claimed personal information identifying students was redacted but linked to four different datasets that included personal information on NYU applicants, their citizenship status and more. Cybersecurity expert Zack Ganot,…

YAPP USA Automotive Systems Inc., a corporation with its principal place of business in Michigan, has agreed to pay $14,208,496 to resolve allegations that it violated the False Claims Act by submitting false claims to obtain a Paycheck Protection Program (PPP) loan for which it was not eligible. Congress created the PPP in March 2020 to provide emergency financial assistance to Americans suffering from the economic effects of the COVID-19 pandemic. Under the PPP, eligible businesses could receive forgivable loans…

The Coast Guard is in the midst of investigating a data breach within its personnel and payroll system that delayed bi-weekly pay for 1,135 service members. The Coast Guard said it temporarily shut down its Direct Access (DA) system as it investigates the breach. News articles won’t speculate, but supposedly enlisted users on certain online forums have said that hackers entered the DA system and changed the direct deposit data of the affected users. Coast Guard members take to social…

On Sunday, Mumbai Police arrested Dharmesh Paun, private developer from Kandivali, in connection with the New India Cooperative Bank scam (NICB). According to the police, Paun allegedly received illicit funds from the bank’s General Manager and Account Head, Hitesh Mehta, who was also arrested Saturday. The scam was uncovered during an audit at the bank’s headquarters in Prabhadevi last Wednesday, when RBI officials discovered funds missing from the vault. Mehta, who has been with the bank since 1988, reportedly confessed…

Video: House Democrats attempted to enter a Department of Education building on Friday in protest of proposed actions from President Trump but were blocked.