SINGAPORE — Three men have been charged for allegedly handing over control of their bank accounts to criminal syndicates that used them to launder scam proceeds, police said. The accused …
Category:
Money-Laundering Scams
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Bank scamMoney-Laundering Scams
Five Arrested in Bhasma for Cyber Fraud Mule Accounts
by Ananya MehtaBhasma (Odisha): Police have arrested five men for allegedly opening multiple bank accounts and handing over the corresponding ATM cards to cyber fraudsters in exchange for Rs10,000 per account. The …
by Ananya Mehta -
Government Impersonation ScamsMoney-Laundering Scams
Ravi Ambore and Vishwapal Jadhav Nabbed in Rs 50.5 L Scam
by Ananya MehtaPolice revealed that cybercriminals allegedly swindled a retired banker and his wife of Rs 50.5 lakh by impersonating police officers. The scammers maintained a three-day video call with the couple, …
by Ananya Mehta -
The Delhi Police have dismantled a gang that allegedly laundered money from cyber frauds by using point-of-sale (POS) cash withdrawals. The operation involved converting stolen digital funds into physical cash …
by Ananya Mehta -
CALIFORNIA — A downtown Los Angeles clothing importer and two executives have been sentenced for evading $8 million in customs duties and laundering $17 million in unreported cash, the U.S. …
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Nicola Rowe, 54, the finance director of Sell My Timeshare, has been given a two-year suspended sentence for her involvement in a £28 million timeshare fraud led by her husband, …
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WAUKESHA, Wis. — Jose Rosales Garcia, 65, of Milwaukee, was sentenced Thursday to 7.5 years in prison for his role in a series of high-value burglaries that targeted Wisconsin businesses, …
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WEST BEND, Wis. — Gursher Singh, a 25-year-old Indian national seeking asylum in the United States, was sentenced Monday to two years in prison for his role in a scam …
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NEWCASTLE, U.K. — A money launderer who helped a global fraud gang steal more than £700,000 from vulnerable elderly victims has avoided jail after providing key evidence against his associates. …
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Motijheel, Uttar Pradesh: Police arrested eight individuals near Guru Gobind Singh Dwar, close to Motijheel Ground, on Sunday, for their involvement in a large-scale Aadhaar-based bank fraud. The suspects allegedly …
by Ananya Mehta