The Com Man: Canadian ICO founder who led a rich and famous lifestyle with private jet trips, diamond watches and fast cars, arrested for alleged Ponzi scheme – Part 1

Canadian ICO founder arrested; investors all over the world may be out at least $80 million A Canadian from Montreal, Quebec, named Aziz Com Mirza, was arrested in Dubai on October 27, 2019, and is chilling in the Al Awir jail, on allegations of running a Ponzi scheme. Mirza founded a Canadian initial coin offering […]

Iranian president alleges nothing being done in Iran to investigate corruption by politically exposed govt officials

The president of Iran, Hassan Rouhani, delivered a speech over the weekend in Iran alleging massive corruption by senior government officials, and claimed that over $700 million is gone that was under the control of the Minister of Petroleum, Bijan Namdar Zangeneh, and a further $2 billion is unaccounted for in foreign countries in another […]

First of its kind PEP lawsuit? Lebanese lawyer sues Minister of Foreign Affairs for money laundering and taking state assets

A Lebanese lawyer, Maitre Marwan Salam, has sued the Lebanese Minister of Foreign Affairs, Gébran Bassil, for corruption, money laundering and enrichment from state assets. Massive protests have been taking place in Lebanon for several weeks over political corruption. Last month, the New York Times reported that the Lebanese prime minister, Saad Hariri, had sent […]

Money laundering things on Instagram … a small warehouse of hundreds of millions of dollars in cash perhaps connected to Canada

In the last five years, social media has emerged as one of the most important sources for financial crime investigations, particularly for red flags for money laundering, such as identifying patterns of wealth that are inconsistent with income, and in making connections between members of organized crime. On one Instagram account, we located a person […]

$15 million in heroin seized from Iranian truckers entering Bulgaria

The Bulgarian police have seized a transport truck from Iran attempting to cross the Bulgarian – Turkey border with 288 kilos of pure heroin, with a street value of $15 million at the low end. The heroin was dry-walled, meaning each brick of heroin was covered individually with drywalling material. According to the US 2019 […]

Listed terrorist organization asks for Bitcoin

According to an article in CCN today, a person who may be a supporter of HAMAS, a listed terrorist organization, allegedly took to social media – in particular Twitter – to solicit financial support with Bitcoin. The Twitter account is still operational even though, if the story is accurate, the tweet constitutes an attempt at […]

World’s first bi-national government issued digital currency launched in Middle East

Saudi Arabia and the United Arab Emirates announced yesterday in Abu Dhabi that they have created and launched a joint new bi-national digital currency. The name of the coin has not been released, not the type, not the amount issued, nor its price per coin. According to the governments of both nations, the new Saudi […]

Iran using ghost supertankers to avoid sanctions law

According to this article in the Financial Times, Iran has sent a supertanker, called Happiness I, en route to Asia, carrying 2 million barrels of oil that is off-the-radar literally, in order to obfuscate that it is transporting Iranian oil to another country. When ships are off-radar, they turn off their transponders and are no […]