14 Jul 2021

4 Iranian nationals charged with alleged kidnapping plot of US journalist, court documents say

On Tuesday, an indictment was unsealed in a New York federal court revealing an alleged plot to kidnap a human rights activist and journalist from New York. Four individuals have been charged for their involvement in the plot, Alireza Shavaroghi Farahani, aka Vezerat Salimi and Haj Ali, 50; Mahmoud Khazein,

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02 Apr 2021

Administrator of Dark Web Portal Pleads Guilty to Money Laundering

Tal Prihar, an Israeli national, has pleaded guilty to his role in operating DeepDotWeb. The website functioned as an access portal to various Dark Web Marketplaces. Prihar and co-defendant Michael Phan owned and operated DDW between October 2013 and May 2019. Interviews and reviews on portals were provided by DDW

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01 Apr 2021

DeepDotWeb dark web admin pleads guilty to gun, drug purchase kickbacks

Tal Prihar, an administrator for the DeepDotWeb portal, has pleaded guilty to receiving gun and drug purchase kickbacks for connecting buyers and sellers of illegal goods on the dark web. Prihar is an Israeli citizen currently residing in Brazil. Prihar has admitted to operating the DeepDotWeb portal alongside Michael Phan.

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30 Mar 2021

US Imprisons BEC Scammer

The US has sent a Plano resident to jail over BEC scams after finding him guilty of conspiracy to commit bank fraud, wire fraud, money laundering, aggravated identity theft, and mail fraud. Babatope Joseph Aderinoye was tried in October 2020, during which more information was exposed about his operations. Court

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23 Mar 2021

Alleged North Korean Operative Makes First U.S. Court Appearance

On Monday, alleged North Korean intelligence operative Mun Chol Myong appeared in federal court in Washington. Myong faces charges of laundering funds for North Korea to evade US and UN sanctions. Myong’s trial marks the first prosecution of its kind as relations between the Biden administration and North Korea struggle.

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22 Jan 2021

Vatican bank’s former chief found guilty of money laundering, sentenced to nearly 9 years in prison

Angelo Caloia, the former head of the Vatican bank, was recently sentenced to 8 years and 11 months in jail on counts of money laundering and aggravated embezzlement. Caloia is the highest-ranking official to be convicted of a financial crime, although his lawyer is planning to appeal his sentence. Caloia

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13 Jan 2021

RG Coins cryptocurrency exchange owner lands 10 years behind bars for money laundering

Rossen Iossifov was the Bulgarian owner of RG coins and has been sentenced to 10 years in prison. He was sentenced after his actions of laundering millions of dollars from defrauded victims. The stolen money was converted to cryptocurrency and moved through cryptocurrency exchanges to hide the source of the

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17 Nov 2020

Crypto Firm Offers $200,000 Bug Bounty to Hacker Who Stole $2m

On Thursday, cryptography borrowing and savings company Akropolis suffered from a cyberattack after a hacker exploited a bug in its SavingsModule smart contract. The cyberattacker was able to steal over two million in DAI virtual currency. The company is now offering the attacker a $200,000 reward as a bug bounty

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21 Sep 2020

Sanctioned Putin associate ‘laundered millions’ through Barclays

According to recently leaked documents, one of Vladimir Putin’s closest friends may have been laundering money and avoiding sanctions through Barclays Bank in London. The associate, billionaire Arkady Rotenberg, has been close to the president since childhood. Barclays has released a statement claiming that it has met all legal duties

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28 Jul 2020

Malaysian ex-PM Najib given 12 years in jail in 1MDB scandal

On Tuesday, former Malaysian Prime Minister Najib Razak was found guilty in the first of several corruption trials. The former PM allegedly played a role in the multibillion-dollar looting of the 1MDB state investment fund. Razak will serve 12 years in prison in accordance with the conviction. The jail time

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