Corruption Ledger

The Pentagon announced a new $600 million package of long-term aid to Ukraine on Thursday, providing funding for an array of weapons and other equipment just a day after Secretary of State Antony Blinken visited the country and pledged $1 billion in new military and humanitarian aid. The Defense Department said the latest package will come through the Ukraine Security Assistance Initiative,…

Former Trump adviser Peter Navarro was found guilty Thursday of two counts of criminal contempt of Congress for defying a subpoena from the House committee charged with investigating the Jan. 6 attack on the U.S. Capitol. A federal jury deliberated for less than four hours before issuing its verdict. Navarro, 74, is now the second former aide to the former…

The Air Force launched an unarmed Minuteman III intercontinental ballistic missile over the Pacific Ocean in a routine test early Wednesday, the service said in a release. The missile was fired from Vandenberg Space Force Base, California, around 1:30 a.m. local time, and traveled about 4,200 miles to the Marshall Islands, where the U.S. has conducted nuclear weapons tests for…

Following concerns raised by the government of the United Kingdom (“UK”) about freedom of expression and the provision of banking services, the UK’s financial watch dog, the Financial Conduct Authority (“FCA”), recently commenced an investigation into bank account closures.  This action follows in the wake of recent reports of banks allegedly closing customer accounts based…… Continue Reading
The post FCA Investigates Bank Account Closures, Including for PEP Customers appeared first on Global Investigations & Compliance Review.

  The Australian Securities and Investments Commission (ASIC) has taken legal action against Paypal Australia Pty Limited, alleging that the company’s standard form of contracts with small business owners contains an unfair term. According to ASIC, business account holders are given 60 days to notify Paypal of any errors or discrepancies in fees that Paypal has charged them, or else…

Britain is to ban Russian mercenary outfit the Wagner Group as a terrorist organization, media reports said on Tuesday, quoting Home Secretary Suella Braverman. The UK was set to make the Wagner Group a “proscribed” organization under anti-terror laws, putting it on a par with Islamic State and al-Qaeda, a report in the Daily Mail said. “Wagner is a violent…

The DOJ charged JPMorgan Chase with engaging in “tens of thousands of instances of unlawful trading in gold, silver, platinum, and palladium…as well as thousands of instances of unlawful trading in U.S. Treasury futures contracts and in U.S. Treasury notes and bonds…”

The U.S. Treasury market is essential to the United States being able to pay its bills; raise money efficiently; and maintain the trust of our allies in our sovereign debt instruments. Rigging the Treasury market is about as close to financial treason as a Wall Street firm can get; especially when JPMorgan Chase’s securities unit is one of the Fed’s primary dealers and is contractually bound to bid in Treasury auctions.

But instead of prosecuting the bank, the DOJ handed JPMorgan a deferred-prosecution agreement (its third in six years) and put it on probation.

Ukraine’s ongoing confrontations with Russia have captivated international attention, moving beyond mere territorial disputes. Ukrainian Defence Minister Alexey Reznikov had indicated a notable shift in these standoffs, which now double as a significant platform, not just for geopolitical engagements but also for the rigorous examination of cutting-edge military innovations. Western allies gauge their armament efficacy against Russia’s formidable array, while…

  An organization under the financial umbrella of outspoken billionaire George Soros is mounting a brazen bid to implement a perilous cap on free speech in America’s digital public square. Today, the battle lines are being drawn with Common Cause, a group bankrolled by Soros, gleefully trumpeting its success in nurturing a potent alliance with Big Tech to quash election…

PARIS – French prosecutors announced on Friday that they had opened an investigation into Binance, adding to the legal woes of the world’s largest cryptocurrency exchange. The probe, led by the Paris prosecutor’s office, will look into allegations that the French arm of Binance traded illegally in digital assets as well as a separate charge of “aggravated money laundering”, a…

DES MOINES, Iowa — The harassment started to intensify as TV meteorologist Chris Gloninger did more reporting on climate change during local newscasts — outraged emails and even a threat to show up at his house. Gloninger said he had been recruited, in part, to “shake things up” at the Iowa station where he worked, but backlash was building. The…

NEW YORK – United States federal prosecutors are looking into Tesla performance claims after Reuters reported the electric carmaker exaggerated the potential driving distance of its vehicles, the Wall Street Journal reported on Wednesday. Reuters reported in July that Tesla cars often fail to achieve their advertised range estimates and projections reported by the cars’ own equipment, citing experts who…

  Last July, we noted how media reform activists had petitioned the FCC to revoke Fox News’ local broadcast license in Philadelphia. More specifically, the group argued that Fox News’ rampant election fraud propaganda technically violated the “character clause” embedded in the Communications Act the FCC is supposed to use to determine whether an organization should hold a broadcast license. To be…

Saudi Crown Prince Mohamed bin Salman in Jeddah, Saudi Arabia, July 19, 2023. SAUDI PRESS AGENCY / VIA REUTERS Among the various grotesque punishments that have become a trademark of Saudi Arabia under Crown Prince Mohamed bin Salman, this one has reached a new level. In July, a 54-year-old retired teacher named Mohammed al-Ghamdi was sentenced to death for sending…

MOSCOW — Russian authorities on Sunday confirmed the death of Wagner Group chief Yevgeny Prigozhin, putting to rest any doubts about whether the wily mercenary leader turned mutineer was on a plane that crashed Wednesday, killing everyone on board. Genetic testing on the 10 bodies recovered at the crash site “conform to the manifest ” for the flight, Russian Investigative Committee spokeswoman Svetlana Petrenko said…

  Editor’s note: This story was updated at 4:30 p.m. EST with additional information. A preliminary U.S. intelligence assessment has concluded that the plane crash presumed to have killed Wagner leader Yevgeny Prigozhin was intentionally caused by an explosion, U.S. and Western officials said Thursday as Russian President Vladimir Putin eulogized the man who staged the biggest challenge to his…