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The FinCEN Files: Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists

The FinCEN Files: Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists

The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system. Secret U.S. government documents reveal that JPMorgan Chase, HSBC and other big banks have defied money laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks that have spread chaos and undermined...

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Following the Magnitsky Money

Following the Magnitsky Money

As Russian tax lawyer Sergei Magnitsky slowly died in a Russian prison from abuse and neglect, US$230 million (5.4 billion Russian Rubles) in taxes stolen from his client disappeared into a maze of phantom companies, crooked banks and offshore accounts.  Magnitsky, accused of the largest tax scam in Russian state history despite being the whistleblower...

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The Russian Laundromat

The Russian Laundromat

Three years ago, the “Russian Laundromat” was exposed – an immense financial fraud scheme that enabled vast sums to be pumped out of Russia. The money was laundered and moved into Europe and beyond through bribery and a clever exploitation of the Moldovan legal system. Recently, OCCRP and Novaya Gazeta obtained detailed banking records for...