Search Results for: financial fraud

Slovakia’s national parliament backtracked on its controversial criminal code following concerns from the European Union, with 77 deputies voting in favor of new amendments on Tuesday. This change comes after Slovakia’s Constitutional Court deemed some of the most contested amendments to the criminal code constitutional. Slovakia’s Minister of Justice, Boris Susko, stated in a press [...]

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INTERPOL announced an anti-financial crime operation targeting West African organized crime groups across five continents on Tuesday, leading to the arrests of 300 people. Police seized $3 million in illegal assets, including cryptocurrencies, and blocked 720 bank accounts. Operation Jackal III ran from early April to July 3, 2024 and pursued online financial fraud. There [...]

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The Tunis Court of Appeal Specializing in Financial Corruption Cases has issued arrest warrants against Tunisian businessman and former MP Lotfi Ali, as well as the former CEO of the Gafsa Phosphate Company (CPG), Romdhane Souid, TAP reported Saturday.  Speaking to TAP, Deputy Attorney General Sonia Moussaoui confirmed the issue of the arrest warrants, and [...]

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The United States Bankruptcy Court on Friday dismissed the Chapter 11 bankruptcy case of former New York City mayor and Trump lawyer Rudolph Giuliani, citing his ongoing failure to comply with financial disclosure obligations. Giuliani filed for Chapter 11 bankruptcy in December 2023, citing financial strain from a $148 million defamation judgment. This judgment stemmed [...]

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Sharon Basch is a rising 3L at the University of Pittsburgh School of Law and a JURIST staff correspondent in Washington DC this summer.  Wednesday morning I attended a US Senate Budget Committee hearing entitled “Making Wall Street Pay its Fair Share: Raising Revenue, Strengthening Our Economy.” The hearing was called to discuss tax policy [...]

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Human Rights Watch (HRW) revealed that several hundred Tunisians are serving prison sentences of up to 122 years for writing bad checks, which is equivalent to fraud and is an illegal practice under Tunisian law in a report released on Monday. The report argues that this is a violation of international human rights law, and [...]

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The 2024 US presidential election will be historic on several fronts. It will be the first rematch between presidential candidates since Republican Dwight D. Eisenhower faced down Democrat Adlai Stevenson in 1956. At 81 and 77 respectively, incumbent candidate Joe Biden and his adversary Donald Trump are the oldest major party frontrunners in the history [...]

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Anne Brorhilker announced Monday she was stepping down from her position as head of a team of 30 prosecutors in Cologne, Germany. Brorhilker has been involved in investigating the cum-ex scandal since 2013, which has led to more than 1700 individuals being accused and has resulted in billions of euros in costs. The scandal involved [...]

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