The District of Connecticut recently vacated a defendant’s convictions at trial for violating the Foreign Corrupt Practices Act (“FCPA”) — but declined to similarly vacate his related money laundering convictions. ...more
3/16/2020
/ Alstom ,
Bribery ,
Corruption ,
Criminal Convictions ,
Criminal Prosecution ,
Financial Crimes ,
Foreign Corrupt Practices Act (FCPA) ,
Indonesia ,
Money Laundering ,
Motion to Vacate ,
Vacated ,
White Collar Crimes
The Department of Justice (“DOJ”) has secured its first conviction ever under the Foreign Account Tax Compliance Act, or FATCA, through the guilty plea of Adrian Baron, a former executive of Loyal Bank Ltd., a bank with...more
9/18/2018
/ Banking Sector ,
Beneficial Owner ,
Broker-Dealer ,
Criminal Convictions ,
Criminal Prosecution ,
FATCA ,
Financial Transactions ,
Foreign Financial Accounts ,
Foreign Financial Institutions (FFI) ,
Indictments ,
Investment Management ,
Kickbacks ,
Money Laundering ,
Offshore Funds ,
Reporting Requirements ,
Securities Violations ,
Tax Evasion ,
Tax Fraud
Earlier this month, the District Court for the Central District of California imposed a prison sentence of one year and a day, with three years of supervised release, on defendant Theresa Lynn Tetley, who had pleaded guilty...more
7/24/2018
/ Bank Secrecy Act ,
Bitcoin ,
Criminal Convictions ,
Cryptocurrency ,
Darknet ,
Digital Currency ,
Enforcement Actions ,
Financial Instruments ,
FinCEN ,
Guilty Pleas ,
Money Laundering ,
Money Services Business ,
Money Transmitter ,
Registration Requirement ,
Statutory Violations ,
Virtual Currency
The District Court for the Eastern District of New York has denied motions for acquittal and new trial by a Florida attorney convicted at trial of assisting in an undercover money laundering “sting” operation....more
One of the many potential consequences of a criminal conviction is that the government may seize assets held by the defendant’s family to satisfy a criminal forfeiture order against the defendant himself. In United States v....more