Murder, violence and bombs – how the Mafia extorts a whole city

Tweet Controlling a whole city It can sometimes be hard to grasp the extent to which the Mafia operates its extortion racket against businesses, and the extent to which it controls so many businesses with threats of bombs, violence and death. An Italian investigating Judge, Francesco Agnino, came across Mafia extortion activities that were so […]

Well-known leaders of organized crime welcomed at Montreal area casinos

Tweet According to an investigation by a number of journalists with the Journal de Montreal (here), two casinos managed by Loto-Quebec, a government agency, laid out the red carpet to well-known organized crime figures associated with the Cosa Nostra Mafia and Hell’s Angels. Stefano Sollecito was VIP gambler Their investigation found that Stefano Sollecito, said […]

York Regional Police bust alleged illegal casino in Ontario operating from luxury mansion by Chinese PEPs and seize $11 million in assets and cash, illegal guns and arrest 29

Tweet Project Endgame York Regional Police in Ontario announced the arrest of 29 people following the raid of an alleged illegal underground casino at a 20,000 square-foot mansion in Markham, Ontario, during the summer. The operation dubbed “Project Endgame”, resulted in several raids of alleged illegal underground casinos operating in York region. The first bust […]

Growing risks for AML compliance officers

Tweet At reporting entities, such as banks, casinos or accounting firms, the AML compliance officer’s obligations to report are obligations owed to the state that arise as a matter of public law. That’s why legislation requires reporting by the registered entity and its employees. If the reporting entity does not report to the FIU, the […]

Proceeds of crime from US$550 million Ponzi scheme go on sale at online auction next week as Covid-19 solution

Tweet The proceeds of crime from a massive US$550 million Ponzi scheme perpetrated by two convicted fraudsters in the US – Kevin Merrill and Jay Ledford – are being auctioned at an online auction house starting next week, in part because of Covid-19. Diamonds, sports memorabilia, art, gold coins, comic book from securities fraud being […]

Colombian financial crime police find suspected money launderer on Instagram buying Lamborghini and Porsche on her Dad’s $2,400 a year salary

Tweet The Colombian financial crime police noticed and tracked down a suspected money launderer by following her extravagant shopping sprees on Instagram. Jenny Ambuila, a Colombian foreign national, was arrested by Colombian federal police for suspected money laundering. She posted many images of expensive purses and 5 star hotel stays in the EU as well as […]

World’s leading company for communications tech for money laundering and drug trafficking used by top transnational criminal organizations for 10 years, created in Vancouver

Tweet World leader in organized crime communications was launched in Canada A Vancouver company, called Phantom Secure, a little over a year ago, was the world leader in providing illegal encrypted communication services for the top international drug traffickers in the world. But perhaps no more. On March 8, 2018, the CEO of Phantom Secure, a […]

Hezbollah financier arrested for laundering $10 million at casino

Tweet An alleged financier for Hezbollah, Assad Ahmad Barakat, was arrested in Brazil, accused of laundering $10 million at a casino in Argentina. In 2004, the US Treasury said Barakat was one of the most influential members of  Hezbollah, a listed terrorist organization. It accused him of using his businesses in the border areas of Brazil, Paraguay […]