CALIFORNIA | LOCAL
March 12, 2002 |
Two San Fernando Valley men have been arrested in connection with a telemarketing scheme in which they allegedly duped businesses across the nation into buying overpriced and defective toner for copying machines, the U.S. attorney's office said Monday. Danny Yahalom, 35, of Encino and Oren Ben Elkanah, 50, of Tarzana were named in a 45-count indictment that included allegations of fraud, money laundering and filing false income tax returns.
February 17, 2001 |
"Follow the money" has become the battle cry as Argentina confronts a money-laundering problem of considerable dimensions. And Argentine and U.S. authorities say the trail leads north through top U.S. banks. In recent days the Argentine government has declared war on money laundering, creating a task force on financial crime and a legislative commission--whose leader is under police guard because of threats.
May 21, 1998 |
A Mexican appeals court Wednesday found Raul Salinas de Gortari, brother of former President Carlos Salinas de Gortari, not guilty of money-laundering charges, his lawyer said. "Today, a federal appeals court found my client not guilty of the charge of money laundering. This was one of the most important charges against him," the lawyer, Raul Cardenas, said.
CALIFORNIA | LOCAL
August 15, 1989
A Panamanian bank has pleaded guilty to money-laundering charges in a case involving drug proceeds for Colombia's Medellin cartel and been ordered to pay a record $5-million penalty, the United States attorney in Atlanta announced Monday. The pleas stemmed from an investigation that also led to indictments in Los Angeles, Houston, Miami and New York. Trials in the Los Angeles case are scheduled for January, 1990, and May, 1990. U.S. District Judge William C.
September 13, 2001 |
After a review of U.S. anti-money-laundering efforts, the Bush administration will push banks to file fewer reports on potentially suspicious cash transfers while pursuing efforts to extend similar requirements to securities firms and casinos, sources said Wednesday. The new moves were detailed in a Treasury Department report that was to be presented to Congress Wednesday, people familiar with the report said.
CALIFORNIA | LOCAL
October 25, 1990 |
An Orange County man pleaded guilty Wednesday to helping former South Lake Tahoe Mayor Terry A. Trupp launder drug money during an elaborate undercover probe. Richard D. Brokhausen, 42, admitted that he carried $250,000 to the Caribbean island of Antigua on Trupp's behalf in December, 1988, without filing a disclosure report with the U.S. Customs Service.
May 13, 1997 |
Atty. Gen. Jorge Madrazo Cuellar said Monday that he has launched an investigation into allegations of money laundering by the government's food distribution agency, Conasupo. He said the government began its own investigation after the Washington Post reported Sunday that the U.S. Justice Department is looking into allegations that the older brother of former President Carlos Salinas de Gortari used Conasupo to launder drug profits through U.S. banks.
March 29, 2000 |
A former Bank of New York employee pleaded guilty to charges stemming from a $7-billion Russian money-laundering scheme in a plea deal that calls for several months of home confinement. Svetlana Kudryavtsev, 50, of Brooklyn, N.Y., entered the plea in U.S. District Court in Manhattan. She will be sentenced July 7. Kudryavtsev, who was an associate in the bank's Eastern European division, admitted accepting $500 a month to monitor accounts being used to launder money.
January 15, 1997
A Corona del Mar attorney has been sentenced to 15 months in prison and ordered to pay a $40,000 fine after pleading guilty to money-laundering charges related to a telemarketing scam involving office products, according to the U.S. attorney's office. John Connelly Jr., 50, was indicted in November 1995 for engaging in illegal financial transactions, including helping conceal assets, related to a boiler-room operation run by his brother Dennis Connelly.