Money Laundering
- BusinessAOL
The dark secret of global finance
Money laundering is no longer the preserve of criminal gangs – it's a trillion-dollar business run through global financial centres, such as London. Simon Wilson reports. What is money laundering? It's the generic term used
5-min read - BusinessAOL
Five facts about money laundering
There's a lot of dirty money out there, and an entire underground industry dedicated to scrubbing it clean. Check out these top 5 facts about money laundering. 5. Money laundering has three basic steps Firstly you have to place dirty
2-min read - BusinessAOL
HSBC Private Bank faces fraud charges
HSBC's Swiss private banking arm has been charged with tax fraud and money laundering by an investigating judge in Belgium. The unit is accused of forming a criminal organisation to benefit more than 1,000 wealthy clients but costing
2-min read - EntertainmentAOL
£5.1 million found hidden in flat by TV camera crew
A TV crew, making a documentary about bailiffs, were filming in a flat in Wards Wharf in the Docklands, when they came across £5.1 million in US dollars hidden in a wooden box. Police immediately seized the money. This isn't the first time
- NewsAOL
Money laundering postmen jailed
Two postmen who took part in a £1.3 million global money laundering operation have been jailed. Shaker Javaid, 32, and Alex Stocks, 30, set up bank accounts which were used as a conduit for huge sums conned out of more than 200 victims of
- NewsAOL
£14m assets frozen in Ukraine probe
The Serious Fraud Office has launched a criminal investigation into possible money laundering linked to "suspicions of corruption" in Ukraine. In a brief statement the SFO said it had obtained a restraint order freezing approximately
- NewsAOL
Seven held over 'money laundering'
Detectives have arrested seven people, including a solicitor and a property developer, as part of a major inquiry into large-scale money laundering allegations. A Metropolitan Police spokesman said the suspects, believed to have links to a
