Private investment advisers have served as an entry point into U.S. markets for foreign investors using illicit finance associated with fraud, tax evasion and corruption, according to a 2024 Treasury ...

Chinese nationals engaged in extensive money-laundering operations in the U.S., moving a suspected $312 billion in illicit cash over the past five years, the Treasury Department revealed Thursday. The ...

The Ministry of Law in Singapore has penalized four law firms for breaching the city-state’s anti-money laundering regime, in one of the world's largest money laundering cases. The enforcement action ...

Famed French fashion brand Louis Vuitton faces a money laundering probe in the Netherlands over cash purchases made by a Chinese national who spent around $3.5 million on handbags and other luxury ...

ZURICH (Reuters) -Swiss lawmakers are seeking to water down government proposals to help prevent financial crime, saying the country needs to stay competitive in global cross-border wealth management ...