Banks Articles

Recent Article Suggests U.S. Cash Flows to Iraqi Dollar Auction Inadvertently Supports Bad Actors

The New York Times Magazine published an article last week covering what the author calls the Iraqi kleptocracy — a structure unintentionally reinforced by a yearly injection of cash from the United States into Iraq’s banking sector. In light of this reporting, we are...

Company Linked to Alleged Covid-19 Relief Fraud Maintains Several Trade Names in Florida

Federal prosecutors filed a criminal complaint last Friday against a Florida-based businessman, alleging that he fraudulently obtained close to $4 million from a government-sponsored coronavirus relief program. David Tyler Hines controlled four South Florida-based...

Jordanian Businessman Implicated in Corruption Scheme Maintains Vast Real Estate Network in the UK

Popular protests and the Jordanian government’s recent actions targeting high-ranking officials accused of corruption have led to renewed interest in the case of Walid Ismael Najam Al-Din Al-Kurdi. The Jordanian-British businessman was charged in a corruption scheme...

Contracts to Ghosts in Guanajuato: The Ongoing Struggle to Rein in ‘Ghost’ Companies in Mexico

A report published earlier this year uncovered that various government agencies, public educational institutions, and autonomous organizations from the central Mexican state of Guanajuato awarded over $8 million in contracts in the last five years to shell companies...

Company Linked to Alleged Covid-19 Relief Fraud Maintains Several Trade Names in Florida

Company Linked to Alleged Covid-19 Relief Fraud Maintains Several Trade Names in Florida

Jul 30, 2020 | Banks

Federal prosecutors filed a criminal complaint last Friday against a Florida-based businessman, alleging that he...

Jordanian Businessman Implicated in Corruption Scheme Maintains Vast Real Estate Network in the UK

Jordanian Businessman Implicated in Corruption Scheme Maintains Vast Real Estate Network in the UK

Jul 29, 2020 | Banks

Popular protests and the Jordanian government’s recent actions targeting high-ranking officials accused of corruption...

Contracts to Ghosts in Guanajuato: The Ongoing Struggle to Rein in ‘Ghost’ Companies in Mexico

Contracts to Ghosts in Guanajuato: The Ongoing Struggle to Rein in ‘Ghost’ Companies in Mexico

Jul 23, 2020 | Banks, Corporations

A report published earlier this year uncovered that various government agencies, public educational institutions, and...

Public Records Show Network of Iraqi Businessman Linked to Saddam Hussein

Public Records Show Network of Iraqi Businessman Linked to Saddam Hussein

Jul 9, 2020 | Banks

A prominent Iraqi family with a history of helping former President Saddam Hussein procure illicit goods from the...

In the Grace I’s Wake: Ship Managers, Front Companies, and Iran (Part 3)

In the Grace I’s Wake: Ship Managers, Front Companies, and Iran (Part 3)

Jun 18, 2020 | Banks, Corporations, Forensics & Advisory, Government, In the Grace I's Wake

We continue with Part 3 of our investigation into the Grace I, a Panama-flagged oil tanker seized off the coast of...

Defendants and Front Companies Named in DOJ Indictment Operate Additional Active Companies and Trade with North Korea

Defendants and Front Companies Named in DOJ Indictment Operate Additional Active Companies and Trade with North Korea

Jun 11, 2020 | Banks

On May 28, the United States Department of Justice unsealed an indictment against 26 North Korean and Chinese...

Tracking a Princess: Using Public Records to Trace the Assets of Africa’s Richest Woman

Tracking a Princess: Using Public Records to Trace the Assets of Africa’s Richest Woman

Jun 9, 2020 | Banks

In December 2019, prosecutors in Angola froze the assets of billionaire Angolan businesswoman Isabel José dos Santos....

In the Grace I’s Wake: Ship Management and Sanctions Evasion (Part 2)

In the Grace I’s Wake: Ship Management and Sanctions Evasion (Part 2)

Jun 3, 2020 | Banks, Corporations, Forensics & Advisory, Government, In the Grace I's Wake

This is the second in a series on Iranian sanctions evasion in the maritime shipping industry. Follow these links to...

In the Grace I’s Wake: Who Owned the Grace I? (Part 1)

In the Grace I’s Wake: Who Owned the Grace I? (Part 1)

May 27, 2020 | Banks, Corporations, Forensics & Advisory, Government, In the Grace I's Wake

This is the first in a series on Iranian sanctions evasion in the maritime shipping industry. In case you missed it,...

In the Grace I’s Wake: Countering Sanctions Evasion and Illicit Shipping

In the Grace I’s Wake: Countering Sanctions Evasion and Illicit Shipping

May 27, 2020 | Banks, Corporations, Forensics & Advisory, Government, In the Grace I's Wake

Last July, British Royal Marines and Gibraltar authorities seized the Grace I, a Panama-flagged oil tanker carrying...

Identifying High-Risk Currency Exchange Centers in Mexico

Identifying High-Risk Currency Exchange Centers in Mexico

May 18, 2020 | Banks

Currency exchange centers continue to be used by Mexican transnational criminal organizations to launder illicit...

Tracing the Sadr-Karimi Bank Fraud Network: How Public Records Revealed More Than an Indictment

Tracing the Sadr-Karimi Bank Fraud Network: How Public Records Revealed More Than an Indictment

Apr 1, 2020 | Banks

On Mar. 16, 2020, the Southern District of New York (SDNY) convicted Ali Sadr Hashemi Nejad, an Iranian national, on...

« Older Entries