In United States v. An, et al., 22-cr-640 (KAM) (E.D.N.Y. May 7, 2024), the Eastern District of New York recently addressed and rejected an argument by defendants that Ciminelli v. United States required dismissal of money...more
We previously have blogged on actions taken by the DOJ’s “Task Force KleptoCapture,” an interagency law enforcement task force with a mandate to target sanctioned Russian and pro-Russian oligarchs. While explicitly launched...more
3/1/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Banks ,
Criminal Fascilitation ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Financial Services Industry ,
International Emergency Economic Powers Act (IEEPA) ,
Military Conflict ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanction Violations ,
Ukraine
In February 2022, we blogged on the seizure of a record $3.6 billion in stolen Bitcoin (“BTC”) and an accompanying criminal complaint, charging husband and wife Ilya “Dutch” Lichtenstein and Heather “Razzlekhan” Morgan with...more
8/17/2023
/ Bitcoin ,
Blockchain ,
Criminal Conspiracy ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Financial Crimes ,
Financial Fraud ,
Guilty Pleas ,
Money Laundering ,
Plea Agreements
In January, we blogged on the Southern District of New York sentencing of Danske Bank to three years of probation and a forfeiture of $2.059 billion. As we noted at the time, the bank was charged with bank fraud, rather than...more
Indictment Alleges International Scheme Involving Bribes Touching NY Correspondent Bank Accounts -
The U.S. Department of Justice announced last week that U.K. law enforcement officials arrested, at its request, an...more
Settlement Applies to $700 Million in Luxury Assets; Law Firms Obtain a Carve-Out -
Last week, the Justice Department announced a massive settlement in the 1Malaysia Development Berhad (“1MDB”) case, a matter implicating...more
11/6/2019
/ 1MDB ,
Bribery ,
Campaign Contributions ,
Cayman Islands ,
Civil Forfeiture ,
Corruption ,
Criminal Conspiracy ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
EMI Entertainment ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Forfeiture ,
Malaysia ,
Money Laundering ,
Regulatory Violations ,
Settlement Agreements ,
Sovereign Wealth Funds ,
White Collar Crimes
UK-based Standard Chartered Bank (“SCB”) announced the terms of significant settlements last week with various U.S. and U.K. governmental agencies, resolving a series of related investigations into the bank’s alleged...more
4/17/2019
/ Anti-Money Laundering ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Financial Conduct Authority (FCA) ,
Fines ,
Forfeiture ,
International Emergency Economic Powers Act (IEEPA) ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Settlement Agreements ,
Standard Chartered Bank
The U.S. Department of Justice (“DOJ”) continues to pursue Venezuelan nationals through high-dollar and high-profile money laundering and foreign bribery charges....more
12/10/2018
/ Bribery ,
Corruption ,
Criminal Prosecution ,
Currency Exchange ,
Currency Manipulation ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Money Laundering ,
Venezuela ,
White Collar Crimes