Summary -
The U.S. Department of Justice issued a revised policy for Evaluation of Corporate Compliance Programs (ECCP), with new guidance on how the DOJ will consider corporate procedures for employees’ business-related...more
Summary -
The Department of Justice (DOJ) last week issued revisions to the Criminal Division’s Corporate Enforcement Policy that incentivize companies to promptly self-disclose corporate misconduct, cooperate with the DOJ,...more
On March 16, the National Whistleblower Center (NWC) called on Attorney General William Barr to form a nationwide task force to monitor and investigate False Claims Act (FCA) allegations related to the Covid-19 pandemic....more
Case Sheds Light on Latest Methods to Evade Detection: “Peeling” Chains -
On March 2, the U.S. government sanctioned and indicted two Chinese nationals for helping North Korea launder nearly $100 million in stolen...more
3/12/2020
/ Bitcoin ,
Brokers ,
China ,
Civil Forfeiture ,
Corruption ,
Criminal Conspiracy ,
Criminal Prosecution ,
Cryptocurrency ,
Currency Exchange ,
Financial Crimes ,
Foreign Nationals ,
Hackers ,
Money Laundering ,
Money Transmitter ,
North Korea ,
Sanctions ,
Virtual Currency ,
White Collar Crimes ,
Wire Fraud
On April 15, the UK Treasury released proposed steps, entitled a “consultation,” to adopt the EU’s Fifth Money Laundering Directive (“5AMLD”) into national law, while also seeking comments and evidence from stakeholders to...more
4/23/2019
/ Anti-Money Laundering ,
Corruption ,
EU Directive ,
Landlords ,
MLD4 ,
MLD5 ,
Real Estate Investments ,
Real Estate Market ,
Real Estate Transactions ,
UK ,
White Collar Crimes
On August 29, the Wall Street Journal reported (paywall) a story that other news outlets later have picked up: the Department of Justice (“DOJ”) is investigating whether Jho Low, a Malaysian businessman at the center of the...more
The Executive Vice President of Venezuela, Tareck Zaidan El Aissami Maddah (El Aissami), was designated on Monday by the U.S. Department of Treasury as a Specially Designated Narcotics Trafficker under the Foreign Narcotics...more
2/15/2017
/ Criminal Investigations ,
Foreign Narcotics Kingpin Designation Act ,
Foreign Narcotics Kingpin Sanctions ,
Foreign Official ,
Government Officials ,
Money Laundering ,
Narcotics ,
Office of Foreign Assets Control (OFAC) ,
U.S. Treasury ,
Venezuela ,
White Collar Crimes