Money Laundering | featured news

While Kim Dotcom's lawyers have been making steady progress in court, Mr. Dotcom has been gaining the public's favor in New Zealand... Mr. Dotcom — born Kim Schmitz and also known as Kimble and Kim Tim Jim Vestor — and three others connected with Megaupload were arrested in connection with U.S. indictments on charges involving copyright infringement and money laundering. At the time, the U.S. Department of Justice said that in all, seven people had been arrested around the world in connection with an investigation into online piracy of numerous copyrighted works, including music and films.

HSBC Holdings PLC is under investigation by a Senate panel in a money-laundering inquiry, the latest step in a long-running U.S. effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.

Mexico's divided Congress is unlikely to pass President Felipe Calderon's pivotal plans to reform the police and combat money laundering, risking a major setback in the war against violent drug cartels.

One of the US's top fraud investigators is warning that America's policing of money laundering is wide open to abuse.

Italian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday.

Ever wonder why -- after years of secrecy -- camera-ready iPod cases began rolling out? The answer could possibly be Apple supply manager Paul Shin.

The mayors of two New Jersey cities and a state legislator are under arrest today as part of a major corruption and international money laundering conspiracy probe.