The Crime Report (https://thecrimereport.org/category/white-collar-crime/)
Michael Cohen, President Trump’s former personal lawyer who implicated him in a scheme to pay hush money to two women claiming to have had affairs with him will testify next month to a House committee. The president says he is “not worried” about the prospect.
Natalia Veselnitskaya, who met with senior Trump campaign officials at Trump Tower in 2016, has been charged with obstruction of justice tied to a money laundering case in New York City.
Aretha Franklin left no will for an estate estimated at $80 million, with untold sales and royalties still to come. A lawyer for her estate says he’ll dispute the claim for back taxes, explaining that the singer left uncashed checks “lying around” for years and shouldn’t be dinged for undeclared income.
“Money mules” unwittingly use their own bank accounts to move money for criminals for purposes they think are legitimate. The “mule” concept is in the news with the release of Clint Eastwood’s “The Mule,” a real-life tale of a horticulturist who smuggled cocaine for a Mexican cartel.
The Financial Industry Regulatory Authority (FINRA) penalized Morgan Stanley Smith Barney LLC after concluding it failed to supervise an anti-money laundering program properly over five years.
President Trump’s family foundation will dissolve under a judge’s supervision amid allegations it misused funds to further Trump’s interests. The agreement stems from a lawsuit by the New York attorney general’s office.
The sentencing of Michael Cohen and the disclosure of a key agreement with the parent company of the National Enquirer intensified the focus on Trump’s alleged role in coordinating efforts to suppress the stories of two women to protect his 2016 campaign.
Nearly three years after the massive leak of secret offshore shell-company documents known as the Panama Papers, federal prosecutors announced charges against four people, including Ramses Owens, a former lawyer for Mossack Fonseca, the Panamanian firm that helped dictators, drug lords and the ultra-wealthy hide cash.
Cohen, President Trump’s former lawyer, who pleaded guilty in August to breaking campaign finance laws, admitted in court Thursday making false statements to Congress about his efforts to pursue a Trump Tower deal in Moscow during the 2016 presidential campaign.
Former Pennsyvania Attorney General Kathleen Kane must serve a 10-to-23 month term for leaking grand jury information and lying about it.