Money laundering

Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow

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Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow

Hyderabad: The arrest of K Kavitha, daughter of former chief minister and BRS supremo K Chandrasekhar Rao, a day before the Election Commission is set to announce the schedule for the Lok Sabha elections, may have some psychological impact on party workers. Former minister T Harish Rao said at a press conference that the party … Read more

Man pleads guilty in $1B scheme to dodge NY money laundering rules

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Man pleads guilty in B scheme to dodge NY money laundering rules

Las Vegas Review-journal | Tribune News Service | Getty Images A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than $1 billion in lucrative, high-risk transactions through small financial institutions, the U.S. Department of Justice said. The massive transfer, which included hundreds of millions of dollars from … Read more