More News

FBI Arrests 2 New Jersey Mayors, Rabbis in High-Profile Public Corruption Case
July 23rd, 2009
Two New Jersey Mayors, several rabbis, and other public officials were arrested by the US Federal Bureau of Investigation this morning in what is being described by the US Attorney's office as a "two-track federal investigation of public corruption and a high-volume, international money-laundering conspiracy." From Bloomberg:

The mayors of Hoboken and Secaucus, New Jersey, and several rabbis were among at least 30 people arrested today as part of a public corruption and money- laundering investigation by U.S. authorities.

Hoboken Mayor Peter Cammarano, 31, and Secaucus Mayor Dennis Elwell, both...

Continue Reading
The Week’s FBI Crime Roundup
July 17th, 2009
The US Federal Bureau of Investigation has released its roundup of the top ten stories of the week. Money-laundering, fraud, and bribery cases came in at numbers 5, 7, and 8. From the FBI:

5. Buffalo: Two People Charged in United Nations Fraud Case

A 14-count Indictment was unsealed charging Deborah Bowers and Steve Jabar with wire fraud, money laundering and making false statements in connection with a scheme to defraud the United Nations Development Fund for Women of tens of thousands of dollars. Full Story


Continue Reading
FBI Releases Top Stories from the Week
July 10th, 2009
The US Federal Bureau of Investigation (FBI) has released its digest of the weeks top news stories - two of which are financially related. From the release:

4. San Diego: Indictment Charges Civilian Navy Employees and Contractors with Fraud and Bribery

A 25-count indictment was unsealed on 07/07/09, charging six individuals with corruption and fraud charges related to defense contracting at Space and Naval Warfare Systems Command (SPAWAR), a government organization based in San Diego that is responsible for the development of technology to collect, process, display and manage information essential...

Continue Reading
Top Ten FBI Stories of the Week
July 2nd, 2009
The US Federal Bureau of Investigation (FBI) has released its top ten news stories for the week, and it was a big week for financial crimes - four of the top ten stories are financial stories. From the FBI's press release:

1. New York: Bernard Madoff Sentenced to 150 Years in Prison

Bernard L. Madoff was sentenced in Manhattan federal court to 150 years in prison for perpetrating a Ponzi scheme that resulted in billions of dollars of losses to thousands of investor-victims. He was also ordered to forfeit a total...

Continue Reading

We are a pioneering global network of organizations working on illicit financial flows. We use our wide reach and expertise to influence global norms and standards for financial transparency, and close loopholes in the global financial system. We seek to curtail illicit financial flows through the promotion of a transparent, accountable and sustainable financial system that works for everyone.