On July 12, 2022, two financial asset managers from Switzerland and Argentina were charged in the Southern District of Florida in an alleged $1.2 billion scheme to launder money obtained from a Venezuela-owned energy company.
According to court documents, beginning around December 2014 and continuing until around August 2018, the asset managers conspired with other individuals to launder the proceeds of an illegal bribery scheme using the US financial system in addition to various international bank accounts. The asset managers allegedly laundered the illegal proceeds in connection with a corrupt foreign currency exchange scheme involving bribery of Venezuelan officials.
The asset managers allegedly agreed to create the complex financial relationships required to launder over $200 million in relation to the conspiracy, in addition to opening accounts for or on behalf of two or more Venezuelan public officials so they could receive bribe payments.
The two asset managers were each charged with one count of conspiracy to commit money laundering and face up to 20 years in prison, if convicted.
The DOJ press release can be found here
On July 12, 2022, an Illinois-based doctor was charged in federal court with one count of health care fraud for allegedly submitting false claims to Medicare and a private...
The Alberta government under Premier Danielle Smith has banned gender-affirming health care for youth in the province. Hear Rachel Gilmore and More: A Tyee Event on Battling Online Lies The Tyee ...