Tweet According to prosecutors in Italy, a businessman in Malta and alleged IT specialist, Roberto Recordare, is under investigation for allegedly having laundered $500 billion in proceeds of crime for the ‘Ndrangheta, Cosa Nostra and Camorra Mafia groups and for planning to launder $136 billion more. Approximately $36 billion of the amount laundered was allegedly […]
Tweet Jetting money around for cartels According to a seasoned former agent with HSI, who gave an interview to the Courier Journal, private jets are being used to move drugs and bulk proceeds of crime in cash for the Sinaloa cartel in Mexico, without much in the way of processes to give law enforcement visibility. […]
Tweet US$60 million penalty On October 19, 2020, the Financial Crimes Enforcement Network (“FinCEN“) assessed a US$60 million penalty (here) against Larry Dean Harmon, the owner of two Bitcoin mixing and anonymizing services called Helix and Coin Ninja LLC. FinCEN found that the two entities were operating as unregistered money services businesses (“MSB“) which exchanged […]
Tweet Mexico’s financial intelligence unit, working with the DEA, yesterday announced that it had frozen the bank accounts of 1,770 men and women and 167 companies believed to be tied to, or working for, the Cartel Jalisco Nueva Generacion (“CJNG“), believed to have been used to launder approximately US$1.1 billion in proceeds of crime from […]
Tweet Indictment for mixing service On February 13, 2020, the US government unsealed an indictment against Larry Dean Harmon, the alleged founder of a Bitcoin mixing Bitcoin service, and of a darknet search engine that hooked up with the now-defunct illegal Canadian darknet site called AlphaBay, operated by Alexandre Cazes. The mixing service was called […]
Tweet A UK man, Paul Johnson, was sentenced to eight years in jail in the UK for operating a darknet drug trafficking business from the attic of his home. In order to obfuscate what he was doing, he set up a company called “Labrador Tea Company” and used it to buy illegal drugs from Canadians […]
Tweet Canada still on the Majors List Canada made it on the “Majors List” in the annual US State Department’s International Narcotics Control Strategy Report (“INCSR“) again this year. The Majors List is three lists and it designates countries that are (1) “Major Illicit Drug Producing and Drug Transit Countries”; (2) “Major Precursor Chemical Source […]
Tweet One of the kingpins of Silk Road, the online darknet drug market that operated with Bitcoin, and its alleged CEO, Roger Clark, a Canadian, pled guilty on Thursday in New York to conspiracy to distribute narcotics. He faces a term of incarceration of 20 years. Clark was extradited from Thailand in 2018, and was […]
Tweet Canadians among top users of seized darknet drug and weapons site The Italian Guardia di Finanza has arrested three individuals in Italy who are alleged to have operated the darknet site on TOR called the Berlusconi Market. The Berlusconi Market had over 100,000 illegal goods and services listed for sale such as illegal drugs, […]
Tweet A Canadian incarcerated near Montreal, Jason Berry, is facing extradition to the US over charges that, from jail, he trafficked fentanyl all over the world. According to the extradition request, the fentanyl sold by Berry caused the death of several Americans, as well as Canadians from overdoses. Berry is serving a 12 year sentence […]