Money Laundering | FinTelegram News

Category: Money Laundering

March 10, 2025

£200M UK Money Laundering Empire Collapses – Four Sentenced, Three Flee!

£200M money laundering empire exposed—three ringleaders on the run! A UK court has sentenced four men for orchestrating one of the largest money laundering operations in British history, funneling dirty cash into gold and shipping it to Dubai. Gregory Frankel, Arjun Babber, Daniel Rawson, and Haroon Rashid used jewelry businesses as fronts, laundering millions through fast food boxes and children’s toys.

March 10, 2025

Garantex Crypto Exchange Seized: U.S. and Allies Crack Down on Russian Money Laundering Hub

U.S. and allies take down Garantex—Russia’s rogue crypto exchange! In a major international operation, the DOJ, Germany, and Finland seized Garantex’s domains and servers, cutting off a $96 billion laundering pipeline linked to cybercrime, terrorism, and drug trafficking. Two administrators—Aleksej Besciokov and Aleksandr Mira Serda—are indicted for money laundering and sanctions violations.

March 7, 2025

Financial Analyst Report: U.S. Treasury’s Shift in Anti-Money Laundering Enforcement

the U.S. Treasury Department announced it will not enforce the Corporate Transparency Act (CTA), a Biden-era law requiring millions of companies to disclose their true beneficial owners. This decision aligns with the Trump administration's stance that the law imposes undue burdens on low-risk businesses. Consequently, the Treasury will not impose penalties on U.S. citizens or domestic companies under this act, focusing instead on foreign reporting companies.

March 5, 2025

Cybercrime Report: Canadian Crypto Exchange Cratos Facilitates Georgian Cybercrime Operation!

Recent findings by the OCCRP have revealed that Blue Whale Tech Inc.—operating under the brand Cratos (Cratos.net)—has played a pivotal role as a crypto payment processor and money laundering facilitator for a Georgian cybercrime organization linked to the A.K. Group. This report outlines the illicit financial activities conducted through Cratos and calls for further insider information

March 2, 2025

From Financial Advisor to Felon: The Shocking Downfall of Adam Kaplan in a Multi-Million Dollar Fraud and Money Laundering Scandal!

Adam Kaplan, a former financial advisor, is embroiled in a complex legal battle involving allegations of fraud, money laundering, and obstruction of justice. These charges have evolved over time, painting a troubling picture of misconduct within the financial advisory sector. Kaplan, 35, allegedly instructed a co-conspirator to threaten and physically assault victims of the alleged advisory fraud scheme.

March 2, 2025

Swiss Authorities Fine Morgan Stanley for 2010 Money Laundering Linked to High-Profile Greek Case!

Swiss prosecutors have fined Morgan Stanley’s Swiss arm $1 million for failing to prevent money laundering linked to bribery in Greece. The case involves illicit funds tied to former Greek Defense Minister Akis Tsohatzopoulos, funneled through a Swiss-based client advisor. The former Greek minister was convicted in 2013 over bribery and money laundering charges and received a 20-year prison sentence.

February 24, 2025

Philippines Exits FATF Grey List – Laos and Nepal Added!

The Philippines is officially off the Financial Action Task Force (FATF) Grey List, marking a significant step in strengthening its anti-money laundering (AML) and countering the financing of terrorism (CFT) measures. Meanwhile, Laos and Nepal have been added to the watchlist, highlighting persistent risks in their financial systems.

February 21, 2025

FINANCIAL INTELLIGENCE REPORT: The True Money Laundering Nature of Crypto Daily!

Alex Slavomir Bures, a London resident with deep ties to cybercrime and money laundering, has resurfaced under the new identity "XXX Rico." Until 2019, Bures was a key player in laundering stolen funds for the cybercrime organization of the late Uwe Lenhoff. Now, whistleblower reports suggest he remains active in the crypto space, operating the online magazine Crypto Daily under a newly established Albanian entity.

February 20, 2025

FINANCIAL INTELLIGENCE REPORT: Alleged Money Launderer and Crypto Daily Operator Alex Slavomir Bures A/K/A XXX RICO!

Alex Slavomir Bures, a London resident with deep ties to cybercrime, money laundering, and Eastern European organized crime, has resurfaced under the new identity "XXX Rico." Initially introduced to FinTelegram by the late cybercrime mastermind Uwe Lenhoff in 2016, Bures was a key player in laundering stolen funds from fraudulent online gambling and betting businesses.

February 18, 2025

Russian Cybercriminal Alexander Vinnik to be Freed in Exchange for US Teacher Marc Fogel!

Alexander Vinnik, a Russian cybercriminal, is set to be released from U.S. custody as part of a prisoner exchange for American educator Marc Fogel. This development comes after a series of legal proceedings spanning multiple countries since Vinnik's initial arrest in 2017. The 45-year-old Vinnik operated BTC-e, at one point one of the world's largest crypto exchanges.

February 18, 2025

Mauritius Ex-PM Pravind Jugnauth Arrested: Suitcases of Cash & Luxury Watches Seized!

Mauritius’ former Prime Minister Pravind Jugnauth has been arrested on money laundering charges, just 100 days after his election defeat. Authorities seized $2.4 million in cash and luxury watches during raids on 10 locations, including his home. While Jugnauth is out on $32,000 bail, his co-accused remain detained. The case has divided the nation.

February 12, 2025

Didier Reynders And The Affair That’s Staggering Belgium!

Former EU Justice Commissioner Didier Reynders is under investigation for alleged money laundering through the Belgian National Lottery. The case, which has been ongoing since 2023, involves suspicious transactions spanning several years, potentially extending into 2024. It's "the affair that's staggering Belgium," wrote the daily La Libre Belgique on January 30.

Urgent Warning: Beware of Suki Chen and the Streakk/Earn World Crypto MLM Schemes!

FinTelegram’s investigations, alongside whistleblower reports, reveal that Suki Chen (aka Sukijami Chendrawan) is the alleged founder of Streakk and successor scheme Earn.World. Both schemes are suspected to be pyramid or snowball schemes (MLM schemes) that have been promoting their own STKK token. These operations have been flagged as fraudulent and are under scrutiny for securities fraud and Ponzi-like activities.

Financial Intelligence Report: The Disappearance of Magua Pay and Black Rabbit – A High-Risk Payment Processor in the Scam Broker Ecosystem

Magua Pay Inc., a Vancouver-based money services business (MSB license M21111044) operating under the brand Black Rabbit, has vanished from the digital landscape as of March 2025. Both its primary website (magua_pay.com) and Black Rabbit’s site are either under construction or offline, signaling potential operational collapse or regulatory pressure. FinTelegram exposed Magua Pay as a payment facilitator of broker scams and unauthorized broker schemes,

Investor Briefing: SilverArrows Group and its Expanding Network

SilverArrows Capital Group, a global investment and advisory firm associated with high-profile figures such as Thomas Limberger, Robert Schimanko, and William H. Shawn, has recently come under scrutiny due to its proximity to the scandalous bankruptcy of Rene Benko’s Signa Group. The firm and its key personnel maintain strong ties to two seemingly influential yet opaque organizations in Germany and Austria.

Breaking: The World Economic Council (WEC), Rene Benko, and Israeli Services!

The collapse of the once-largest European real estate development group SIGNA of the Austrian Rene Benko continues to reveal new layers of intrigue, financial entanglements, and power struggles. While some focus on the billions lost by high-profile investors, the investigative platform Wiener Zocker has now uncovered a particularly exclusive network that has continued to thrive in Benko’s shadow – the World Economic Council (WEC).

Crypto investments

Investor Briefing: Binance’s $2 Billion Investment from MGX and Trump Family Rumors!

On March 12, 2025, Binance, the world’s largest crypto exchange by trading volume, announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking its first institutional funding in its eight-year history. This transaction, executed entirely in an unspecified stablecoin, represents the largest single investment in a crypto company to date and signals a significant shift toward institutional adoption of digital assets.