Did Sequoia Capital Indulge in Money Laundering ?
According to the reports published in the leading Indian News papers, enforcement agency which investigates foreign-exchange violations, is examining why the Silicon Valley venture firm bought shares of a health care start-up...
Top 10 Ponzi schemes of 2013
The total loss caused to the investors in USA has reduced from $1488 million to $441 million in the 8 ponzi schemes enforced by SEC
Global Icons who Laundered proceeds of corruption
According to a first of its kind report on ‘Ascertaining size of corruption in India with respect to money laundering’, an individual spent over Rs 2,000 as a cost of corruption...
Trader found guilty in Apple trading fraud
David Miller, institutional trader was found guilty in the Apple Trading fraud. On October 25, 2012, the day Apple was scheduled to announce its earnings for the quarter, co-conspirator of David...
Certified Anti Money Laundering Expert Goes Global
Certified Anti Money Laundering Expert program offered by Indiaforensic Center of Studies. The program was initially designed for the Indian compliance professionals. In the year 2015 the program was revisited and...
SEC Charges TYCO with making illicit payments to foreign officials
Securities and Exchange Commission today announced that it filed a settled civil action in the United States District Court for the District of Columbia against Tyco International Ltd. The complaint alleges...
State Bank Fined for Money Laundering
The Hong Kong central bank has fined State Bank of India's Hong Kong branch HK$7.5 million ($1 million) for breaching the city's anti money-laundering and counter terrorism financing rules.
The Hong Kong...
Banks Need to Invest in Trained BASEL III Professionals
After failures of Financial Institutions during the financial crisis in 2008, senior executives of the financial institutions face the heightened risk of being sued by the shareholders for gross negligence. Financial Institutions need...
Financial Conduct Authority fines Canara Bank
Financial services firms are required to maintain robust anti-money laundering (AML) systems and controls, since they are at risk from those seeking to launder the proceeds of crime or to finance...
