oney laundering is so widespread CPAs are likely to encounter it at some point in their work. It is an essential element of the “underground economy,” which, worldwide, amounts to trillions of dollars ...

MONEY LAUNDERING HELPS ILLICIT ORGANIZATIONS by lowering their cost of capital, giving them a competitive advantage over legitimate businesses. NEITHER GOVERNMENT OFFICIALS NOR THE BUSINESS community ...

Evangelical pastors led by a Texas missionary in Nicaragua were accused of money laundering, in a widespread crackdown on religious groups. By Frances Robles Reporting from Florida As Nicaragua has ...

In its 2024–2025 annual report, India’s Financial Intelligence Unit (FIU-IND) confirmed that 49 cryptocurrency exchanges are ...

PORTLAND, Ore. (KOIN) — The owner of a local money transmitter business in the Pacific Northwest is accused of laundering money for international drug traffickers, federal authorities said. Brenda ...

Mumbai: The Malegaon money laundering case has identified a classic example of money laundering, where the Enforcement Directorate(ED) uncovered a highly organized money laundering scheme involving ...

Much of the money the U.S. has dedicated for Ukraine aid is spent in the U.S. on domestic weapons manufacturers and U.S. military and government operations. Direct military support to Ukraine totaled ...

The Council today adopted a package of new anti-money-laundering rules that will protect EU citizens and the EU's financial system against money laundering and the financing of terrorism. The new and ...