The UKs Serious Fraud Office (SFO) secured the conviction of solicitor William Osmond, who disclosed confidential details about a money laundering investigation and forged a legal document in an attempt to mislead authorities. Osmond was subsequently sentenced to nine months in prison.
India’s Enforcement Directorate government agency has conducted a fresh set of searches against promoters and entities connected to Bhushan Steel Limited (BSL) as part of a money laundering probe related to an alleged INR 56,000 crore (USD 6.7 billion) bank fraud case.
A Georgia (USA) man was arrested by detectives of the Manatee County (Florida) Sheriff’s Office and charged with Scheme to Defraud and Money Laundering and detectives have issued an arrest warrant for another Georgia man on charges of Scheme to Defraud and Conspiracy.
