Author Archive: Staff Writer

British Citizen Pleads Guilty to Money Laundering Charges

Anti-Money Laundering

Costas Takkas, a former general secretary of the Cayman Islands Football Association pleaded guilty to a money laundering conspiracy in connection with the U.S. bribery investigation involving FIFA, the international governing body of soccer. Takkas was one of 40 other… Read more >

Citigroup Pays $97.4 Million Fine to Settle Money Laundering Charges

For a number of years now, employees of Citigroup have been skeptical that the millions of dollars the bank was routing to Mexico were suspicious, however, the bank failed to forewarn regulators or look more closely at their monitoring system… Read more >