Oct 22nd, 2008 · A three-year undercover federal investigation from Oregon to Colorado results in the arrest of more than 60 members of the Mongols biker gang. The charges range from murder to money laundering and racketeering.
Mar 12th, 2008 · Federal investigators have been looking into money transfers made by New York Gov. Eliot Spitzer, who's been tied to a prostitution ring. Bank officials noticed frequent cash transfers from several accounts and it triggered a money laundering investigation. Banks use software to spot patterns in routine transactions.
Feb 22nd, 2008 · Republican U.S. Rep. Rick Renzi was indicted Friday in Arizona on 35 counts of extortion, conspiracy, money laundering and related charges. The indictment says the congressman conspired with one former business partner in an alleged land-swap scheme and with another to commit insurance fraud.
Aug 24th, 2007 · A federal judge in Miami ruled Friday that former Panamanian dictator Manuel Noriega can be extradited to France to serve time there on money laundering charges. Noriega is scheduled to be released from federal prison Sept. 9, after serving 17 years on drug trafficking and racketeering charges.
Aug 22nd, 2007 · The housing boom of recent years has turned mortgage fraud into a big business -- so big that some of the nation's largest gangs are getting into the act. They are searching for new ways to launder drug-dealing and gun-selling money.
Jul 2nd, 2007 · Authorities say terrorist supporters have started using the global commodity trade to funnel money to local terrorist groups. The technique, called trade-based money laundering, was pioneered by Latin American drug cartels in the 1990s.
Jun 13th, 2007 · A banking matter is stalling progress on denuclearizing North Korea. Two years ago, the U.S. accused a Macau bank of laundering counterfeit money and froze $25 million in North Korean funds. Freeing the money is proving to be a problem.
Jun 6th, 2007 · House Speaker Nancy Pelosi had pledged that the Democratic-led 110th Congress would be "the most ethical." But Rep. William Jefferson's indictment on charges including bribery and money laundering shows once again that neither party is exempt from ethics woes.