A new Europol report has found that 70% of ...
ICIJ
Money-laundering criminals are adapting to new technology faster than authorities can keep up, EU report says
The singer has made previous statements against Spanish tax authorities ...
Shakira charged with tax evasion by Spanish authorities for 2nd time
The U.S. has added 28 companies from China, Russia and others to its export blacklist, citing national security concerns. Nine firms were linked to a scheme to ... Show more
Leak suggests the oil and gas tycoon and his ex-wife Dasha Zhukova amassed ...
‘You could fill a museum with it’
the $963m Roman Abramovich art collection revealed
Quick Glance: Dispute over Abramovich's Private Collection: Artworks Amidst War Fog
- Abramovich attempts to protect art collection from sanctions
- Legal maneuvers employed prior to Russian invasion of Ukraine
Find out who’s behind more than 800,000 offshore companies, foundations and trusts from ICIJ’s investigations.
ICIJ Offshore Leaks Database
Quick Glance: ICIJ's Offshore Leaks Database
- Legitimate use of offshore companies and trusts
- Verify identities of individuals or entities in the database using addresses or other identifiable information
- Data sourced directly from leaked files received by ICIJ during investigations. Each dataset covers a specific time period specified in the database.
The outgoing head of the Justice Department task force investigating Russian oligarchs and their assets told @WSJ the team is widening its scope to enablers: ... Show more
Quick Glance: Error Page
- Trump: Did He Pay a Price for Avoiding the Debate?
- Experts Warn: Password Rules as Security Risk.
Dozens of charges against Pinto — who is also ...
ICIJ
Whistleblower Rui Pinto given four-year suspended sentence in Football Leaks trial amid ongoing legal woes
Quick Glance: Rui Pinto of Football Leaks Receives Suspended Sentence, Remains Free
- A Lisbon court has handed Rui Pinto, the Portuguese man behind the Football Leaks website, a four-year suspended prison sentence for attempted extortion, illegal access to data, and breach of correspondence.
- Pinto was arrested in Hungary in January 2019, later released from house arrest, and put under witness protection.
- The court hopes that Pinto's regret shown in court is genuine and expects him to refrain from similar acts in the future.
- Judge Alves of the Lisbon Central Criminal Court stated that Pinto cannot be considered a whistleblower due to committing crimes to obtain the information before knowing its contents.
Billionaire George Lindemann showcased his collection of Khmer treasures and passed ...
ICIJ
Lindemann family returns 33 long-sought ancient statues to Cambodia
The agency has dedicated a team to uncovering oligarchs’ ...
ICIJ
IRS investigating sanctioned Russian oligarchs' use of South Dakota trusts, agent says
Quick Glance: IRS investigates use of South Dakota trusts by sanctioned Russian oligarchs
- U.S. authorities are examining cases where Russian oligarchs bypass sanctions by concealing assets in South Dakota trusts.
- An agent from the Internal Revenue Service disclosed that assets of sanctioned individuals are hidden in trusts through dummy companies.
- According to the Pandora Papers, 206 U.S.-based trusts were identified holding over $1 billion in assets connected to 41 countries.
- Efforts by U.S. authorities to track and confiscate assets of Russian oligarchs have generated proposals to curb anonymous and illegal money flows facilitated by state laws.
Arte sin rastro: ¿un Botero en Odebrecht? : Un giro por medio millón de dólares al maestro Fernando Botero, desde una compañía que Odebrecht utilizó para el pago ...
bit.ly/44WeUfh
Besides the 105, over 250 “non-antiquities” smuggled out of India are expected ...
105 antiquities smuggled out of India are back home from US, 16 more on the way
Reporter’s Guide to Investigating War Crimes: Collecting and Archiving Evidence and Information
gijn.org/reporters-guide-to-investigating-war-crimes-collecting-and-archiving-evidence-and-information/
Billionaire George Lindemann showcased his collection of Khmer treasures and passed ...
ICIJ
Lindemann family returns 33 long-sought ancient statues to Cambodia
The pretrial detention of banking and media tycoon Ihor ...
ICIJ
Ukrainian oligarch sanctioned following the FinCEN Files investigation arrested in Ukraine
Quick Glance: Oligarch Kolomoisky Behind Bars: How Did He Get There and Can He Escape?
- Kolomoisky charged with money laundering and fraud
- Fursa suspects coordination with other countries where Kolomoisky allegedly parked his laundered wealth, including the US
- Reports suggest Kolomoisky has been stripped of his Ukrainian citizenship by media and top officials
- Despite speculation, Kolomoisky's influence is diminishing, raising questions about his relationship with President Zelensky
The IRS is using the last of its boosted budget to launch audits at dozens of large partnerships in the US, including hedge funds and real estate firms ... Show more
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- WSJ Opinion: The SVB Bailout Goes Beyond Money
- Nintendo's Super Power Could Lie in Entertainment
- WSJ Opinion: Safeguarding Deposits from 'Contagious Bank Runs'
- Arm Expected to Price IPO at $52 per Share
The Bongo family ruled Gabon for most of ...
ICIJ
Gabon’s Bongo family enriched itself over 56 years of kleptocratic rule, spreading its wealth across the world
Quick Glance: End of 56 Years of Corrupt Rule by Gabon's Bongo Family
- A coup in Gabon has brought an end to over 50 years of dynastic rule, during which the Bongo family amassed enormous wealth both domestically and offshore.
- Ali Bongo, a former musician, came to power in 2009 following the death of his father Omar Bongo, who ruled authoritatively for nearly 42 years, benefiting from his close ties to former colonizer France and the use of Gabon's petrodollars to establish a patronage network.
- Choice appointments, such as cabinet positions, were given to trusted family members, and the father and son accumulated vast wealth while governing the small Central African nation with a population of 2.3 million.
- The family also redirected significant wealth into offshore tax havens.
The Manhattan D.A. Seized a $20 Million Statue of Marcus Aurelius From the Cleveland Museum of Art, Continuing a Spree of Raids Seeking Looted Turkish Art | ...
news.artnet.com/art-world/marcus-aurelius-bronze-seized-turkey-2357047
The UK's financial regulator says it will step up its supervision of Britain's largest banks amid concerns that risk controls are slipping ... Show more
Under former president Rodrigo Duterte, Nobel laureate Maria Ressa and her outlet Rappler ...
Philippine court acquits Nobel laureate Maria Ressa of final charges
Quick Glance: Maria Ressa and Rappler Acquitted of Tax Evasion: Court Decision
- End of the four-year and ten-month trial under the administration of former President Rodrigo Duterte.
- Nobel Peace Prize laureate Maria Ressa and Rappler CEO cleared of tax evasion charges.
- Decision made by Judge Ana Teresa T. Cornejo-Tomacruz of Pasig City Regional Trial Court Branch 157.
- Prosecution can no longer appeal the criminal aspect of the case due to the double jeopardy rule after the Pasig court's acquittal.
Dutch news outlet Follow the Money found more than 50 ...
ICIJ
Criminals and oligarchs are hiding wealth in secretive Dutch foundations, new investigation finds
In a joint letter, regulators warned that ...
ICIJ
Europe’s finance watchdogs sound alarm over plan to deepen economic ties with San Marino, Monaco and Andorra
Además de pagar sobornos millonarios a políticos y funcionarios, arrodillar a bancos y abrir cientos de ...
Los millones de Odebrecht para las amantes de Martinelli
In a joint letter, regulators warned that ...
ICIJ
Europe’s finance watchdogs sound alarm over plan to deepen economic ties with San Marino, Monaco and Andorra
In a joint letter, Europe’s top finance regulators warned that a proposal to grant a trio of microstates more access to the European Union’s single market ... Show more
Quick Glance: Gerard Ryle: The next scandal will involve a major company profiting from accessing our private data
- Investigative journalism uncovers the truth instead of relying on propaganda
- Journalism is an essential part of society
- Data journalism provides deeper insights and context
- We need to return to essential journalism
Amid a spate of high-profile repatriations of looted cultural objects, we took a closer look at some of ...
Three Antiquities Traffickers and Their Fall From Grace
The detention of Ihor Kolomoisky came as Ukraine steps up efforts to punish graft and make its ...
Ukraine Arrests Oligarch Ihor Kolomoisky Amid Corruption Inquiry
Quick Glance: Oligarch Kolomoisky Charged with Money Laundering and Fraud
- Ihor Kolomoisky, one of Ukraine's most flamboyant and infamous oligarchs, has been officially charged with alleged financial manipulation involving his oil and gas holdings.
- Ukraine's Security Service released pictures showing law enforcement confronting Kolomoisky at his home and conducting a search of the premises.
- During the search, Kolomoisky was charged with fraud and money laundering.
- According to the Security Service's official statement, Kolomoisky is accused of laundering over Hr 500 million ($13.5 million) in 2019-2020.
The new minister, Abubakar Atiku Bagudu, whose ...
ICIJ
Nigerian president appoints new minister accused of helping a former dictator launder looted billions
Quick Glance: New Nigerian Minister Accused of Assisting Former Dictator in Laundering Stolen Billions
- Nigeria's president faces media criticism for appointing a new budget minister accused of aiding former dictator Sani Abacha in stealing billions of dollars from the country.
- Abubakar Atiku Bagudu, a former governor and senator, was confirmed as a new minister in President Bola Tinubu's government last week, despite being implicated in Abacha's looting of the country from 1993 to 1998, according to the US Department of Justice.
- The US Department of Justice accused Abacha, Bagudu, and other associates of systematically embezzling billions of dollars of public funds from Nigeria in the 1990s and funneling the money out of the country through a network of offshore companies.
- Over the past decade, the US Department of Justice has sought to seize offshore assets held in trust for Bagudu and his family under the Kleptocracy Asset Recovery Initiative, citing its jurisdiction over the US banking system used in alleged illegal transfers.
A new report, based on a secret paper trail, documents a decade of regulatory inaction against ...
Adani Saga
India’s Parliament Must Step In to Protect Investors
Quick Glance: Adani Group: Secret Investors Revealed
- Hindenberg's accusations sparked protests and caused a drop in Adani Group stocks.
- Two men invested hundreds of millions in Adani stock through opaque funds in Mauritius.
- These investments also appear to be coordinated with an Adani company.
- Adani Group denies the allegations and emphasizes its position as a leading infrastructure company.
Alpine country plans to require more disclosure to address reputation as haven for dubious gains
Switzerland unveils money laundering clampdown
The investigation unearthed the ride-share company's ruthless business practices, sparking protests and ...
ICIJ
Inside the Uber Files, one year later
Nigeria’s new budget minister Abubakar Atiku Bagudu — who was named in the #PandoraPapers — was recently sworn in despite U.S. claims he was “instrumental” in the ... Show more
A new state bill modeled on the federal Corporate Transparency Act aims ...
ICIJ
As US company registry stalls, New York forges its own path toward transparency
Quick Glance: New York leads the way in US corporate transparency
- The CTA is hailed as a groundbreaking reform, requiring the creation of a beneficial ownership registry, a database of company owners.
- Under the law, LLCs in New York must report the names of their beneficial owners and business addresses to the New York Department of State.
- Beneficial owners are defined as those who "substantially control" a company or own at least a 25% stake in it.
- LLCs are legitimate business structures that protect owners from personal liability.
Hey, folks! 👋@JoannaERobin and @carmenmolina_a here from ICIJ’s digital team. We’re in Philly at #ONA23 — come say hi!
El gobernador de Florida solía enfatizar su educación en Yale y Harvard, escuelas de élite. Ahora ...
Ron DeSantis, su educación y campaña política
Here’s what’s happening as home valuations soar and some rates rise — and how you ...
Dozens of Utah government entities plan to raise taxes. See if yours is one.
Periodistas ecuatorianos se preparan para la primera ...
ICIJ
Crece preocupación por la libertad de prensa en Ecuador tras asesinato de candidato presidencial
Quick Glance: Growing Concern for Press Freedom in Ecuador Following Assassination of Presidential Candidate
- The assassination of presidential candidate and investigative journalist Fernando Villavicencio in Ecuador has heightened concerns about press freedom and democracy.
- Villavicencio, a former member of the National Assembly and presidential candidate with anti-corruption and anti-organized crime proposals, was shot dead last week during a campaign rally near Quito.
- The incident has Ecuador on edge as the nation prepares for the first round of presidential elections on Sunday.
- According to Ecuadorian press freedom group Fundamedios, there were 356 attacks on the press in 2022, the highest number since 2018.
Ecuadorian journalists brace for the first round of a ...
ICIJ
Concerns about press freedom grow in Ecuador after presidential candidate is assassinated
The U.N. chief pushed for a bigger say in the international tax agenda and ...
ICIJ
OECD 'disappointed' over 'surprising' UN global tax report
Quick Glance: OECD 'disappointed' with 'surprising' UN global tax report
- The report, to be finalized in the coming weeks, analyzed current international tax cooperation arrangements and presented UN Secretary-General António Guterres' vision for improving them to better support developing countries.
- For decades, international tax policy has been dominated by the OECD, a group primarily composed of high-income countries such as the US, UK, and Japan.
- The disproportionate influence of wealthier nations on the organization's policy agenda has led many developing countries, including some OECD members, to question its ability to establish fair global tax standards.
- In the report, Guterres recognized the OECD's efforts to engage non-members but noted that 'many of those countries find that there are significant barriers to meaningful engagement in agenda-setting and decision-making.'
Americans are leaving cities with high property taxes and relocating to states like Tennessee in search of ...
Rising property taxes are a housing market killer
Quick Glance: Tax Havens Could Cost Countries $4.7 Trillion Over Next Decade, Advocacy Group Warns
- According to a new report, countries could lose $4.7 trillion in tax revenue over the next decade as multinational corporations and wealthy individuals continue to use tax havens to underpay taxes.
- The report identifies four countries responsible for the majority of global corporate tax loss, dubbing them 'the axis of tax avoidance:' the United Kingdom, the Netherlands, Luxembourg, and Switzerland.
- Together, these countries are responsible for more than half of the $301 billion lost to corporate tax abuse annually.
- The report calls for substantial global reforms to address the problem of rampant tax abuse.
Supporters of the change hope the move will help ward off more stringent regulation from ...
American Bar Association Votes to Amend Rule on Client Due Diligence
The U.S. Treasury Department will soon propose a rule that would effectively end ...
US set to unveil long-awaited crackdown on real estate money laundering
Quick Glance: USA to Crack Down on Real Estate Money Laundering
- FinCEN plans to propose a rule this month to combat money laundering in the real estate industry.
- The timeline may be subject to change, according to sources.
- Treasury Secretary Janet Yellen has highlighted the long-standing issue of hiding illicit funds in real estate.
- An estimated $2.3 billion was laundered through the US real estate market between 2015 and 2020.
In 2016, Mossack Fonseca became synonymous with the shady ...
ICIJ
Panama Papers law firm outsourced offshore deals to accountant in India, new reporting shows
The gallery has concluded that three of its Cham sculptures were probably looted and ...
Australia’s National Gallery to return stolen treasures to Cambodia
Quick Glance: Australian Museum Returns Stolen Cambodian Artifacts
- Australia's national gallery will return three bronze sculptures from the 9th and 10th centuries to Cambodia, after they were found to be stolen.
- This comes amid a global campaign to return looted cultural goods.
- The National Gallery of Australia (NGA) announced that it purchased the sculptures in 2011 for A$2.3m (£1.18m; $1.5m) from British artifacts smuggler Douglas Latchford, who passed away in 2020.
- Latchford has been implicated in the illegal trade of antiquities since 2016, with charges laid against him in 2019 relating to the alleged trafficking of stolen and looted Cambodian artifacts.
Watch: China is using bases in Cuba to monitor communications and gather intelligence throughout the southeastern U.S. Here’s the technology involved ... Show more
Quick Glance: Error Page
- Wildfires claim dozens of lives and force hundreds to flee homes in Algeria
- Italy: Extreme weather conditions - Deaths caused by wildfires and storms
The repatriation of the three millennia-old statues is the latest to ...
ICIJ
National Gallery of Australia to return bronze artifacts believed stolen to Cambodia
ICIJ executive director Gerard Ryle, journalist Maria Ressa and other industry leaders ...
ICIJ
ICIJ joins global initiative to set AI guidelines for journalists
The U.S. regulator tasked with ensuring audit ...
ICIJ
Accounting firms accused of ‘operating with impunity’ as regulator flags growing number of flawed audits
.@ProPublica reports Harlan Crowe may have broken tax laws by taking Justice Clarence Thomas on luxury yacht trips. “[This] has the look of a textbook ... Show more
Liberia: Labor Ministry, Partner Commemorate World Day Against Trafficking in Persons
frontpageafricaonline.com/news/liberia-labor-ministry-partner-commemorate-world-day-against-trafficking-in-persons/
The French star is accused of concealing a hefty donation from a ...
ICIJ
Actress Isabelle Adjani, who was named in the Panama Papers, to be tried for tax evasion
Thanks to legal tax avoidance strategies, illegal tax evasion schemes ...
Countries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
In this month’s Meet the Investigators, journalists from our Trafficking Inc ...
How to report on human trafficking
Inside Trafficking Inc. - ICIJ
Mr. Hun Sen, whose party won stage-managed parliamentary elections on Sunday, has been prime minister of ...
Prime Minister Hun Sen of Cambodia Says He Will Resign
Mossack Fonseca was forced to shut down in 2018 after the ...
Exposed & shut, Panama Papers law firm outsourced its offshore deals to Kerala accountant; ED probe on
In this month’s Meet the Investigators, journalists from our Trafficking Inc ...
How to report on human trafficking
Inside Trafficking Inc. - ICIJ
In this month’s Meet the Investigators, journalists from our Trafficking Inc ...
How to report on human trafficking
Inside Trafficking Inc. - ICIJ
The bank was faulted for failing to put in place anti-money-laundering controls in relation to ...
Fed fines Deutsche Bank $186 million in money-laundering scandal
Quick Glance: Fed fines Deutsche Bank $186mn for control flaws
- In a consent order issued on Wednesday, the Federal Reserve expressed concern over persistent control weaknesses at Deutsche Bank related to sanctions compliance, transaction monitoring, and anti-money laundering systems.
- Deutsche Bank has already been fined $99mn by the US regulator in 2015 and 2017 for similar issues.
- A portion of the fine is also associated with Deutsche Bank's involvement in the money laundering scandal at Danske Bank in Estonia.
- In November, Germany's financial watchdog BaFin threatened to impose fines on Deutsche Bank if it failed to meet important deadlines for resolving its money laundering controls.
PCIJ’s investigation underscores the urgency of a comprehensive ...
OFWs are harassed – Jessica got jail time
over loans they’re forced to make to get jobs abroad
Quick Glance: OFWs: Harassment and Imprisonment due to Forced Loans for Overseas Jobs
- Workers should not be forced to take on debt to secure their job placement. These costs should be covered by the employer.
- Issuing post-dated checks for loan payments is prohibited by law.
- A comprehensive government solution is needed to address the root causes of Filipino workers being forced into debt.
- The majority of debt comes from payment for training, which is often not covered by employers.
Wall Street Journal, ABC News and PBS NewsHour Win National Press Club Awards: WASHINGTON, July 25, 2023 – National Press Club President Eileen O’Reilly today ...
press.org/newsroom/wall-street-journal-abc-news-and-pbs-newshour-win-national-press-club-awards
The incoming director of the federal financial crimes unit faces an uphill ...
ICIJ
New FinCEN head appointed as concerns grow over stalled US company registry
One year after the global investigation, a parliamentary report has ...
ICIJ
French Uber Files inquiry criticizes Macron’s secret dealings with ride-hailing giant
Quick Glance: Report criticizes Macron's secret ties to Uber
- The report states that the intensity of the contacts between Uber, Emmanuel Macron, and his cabinet indicates an opaque but privileged relationship.
- According to the reporting by ICIJ and its partners, Uber used a 'kill switch' to prevent investigators from accessing sensitive data during frequent raids on its offices.
- Confirming revelations in the Uber Files, the report notes that Uber maintained close connections to Macron after he left his ministerial post and began his successful presidential campaign.
- Text messages show that during his presidential race, Macron invited Uber France's CEO Thibault Simphal to dinner to request campaign funding.
The incoming director of the federal financial crimes unit faces an uphill ...
ICIJ
New FinCEN head appointed as concerns grow over stalled US company registry
Shakira — who’s already awaiting trial for alleged tax fraud in Spain — is facing a second tax probe in the country. The Colombian singer was one of several ... Show more
The incoming director of the federal financial crimes unit faces an uphill ...
ICIJ
New FinCEN head appointed as concerns grow over stalled US company registry
Shelby White has given the museum generous gifts and 33 years of service as a trustee ...
At the Met, She Holds Court. At Home, She Held 71 Looted Antiquities.
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