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Financial Crime

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Smartmatic US bribery trial delayed to January 2027 December 19, 2025 | Samuel Rubenfeld

The US corruption trial of Smartmatic, its co-founder and a former executive, has been rescheduled to January 2027. The judge said she would not grant further extensions of pretrial deadlines, or the trial dat... (more story)

Former Pennsylvania coal executive shouldn't get bribery trial delay, US says December 19, 2025 | Samuel Rubenfeld

The February 2026 bribery trial of a former Pennsylvania coal sales executive should not be delayed, prosecutors said Friday, opposing his request for an adjournment to allow for a potential second review of the case.

Plastic resin distributor avoids US criminal prosecution in trade-fraud case December 18, 2025 | Samuel Rubenfeld

The US Justice Department announced it had declined to prosecute MGI International and its subsidiaries for evading tariffs after the global plastic resin distributor voluntarily disclosed its conduct, coopera... (more story)

Axiom legal financing fraudster ordered to pay back almost £1m by UK court December 18, 2025 | Martin Coyle

David Kennedy, a former investment manager found guilty for his role in a £100 million fraud linked to collapsed legal financing fund Axiom, has been ordered to pay back almost £1 million.

Former Goldman banker’s bribery indictment was properly sealed, US judge rules December 17, 2025 | Samuel Rubenfeld

The indictment of former Goldman Sachs banker Asante Berko was properly sealed, a US judge ruled Wednesday, denying his motion to dismiss charges stemming from an alleged bribery scheme in Ghana. Prosecutors s... (more story)

Former bankers jailed for 11 years over Libyan investment fund fraud December 17, 2025 | Martin Coyle

Two former bankers who fled the UK to avoid criminal trials were jailed for a total of 11 years on Wednesday over a fraud that saw millions of dollars in secret fees siphoned from Libya’s sovereign wealth fund... (more story)

Mexican businessman vows to fight US bribery conviction after trial ‘maneuver’ December 16, 2025 | Samuel Rubenfeld

Mexican businessman Ramon Alexandro Rovirosa Martinez intends to fight his bribery conviction, with his lawyer telling MLex Tuesday they aim to have the jury’s verdict vacated and potentially file an appeal ov... (more story)

Corporate Transparency Act upheld by US appeals court December 16, 2025 | Samuel Rubenfeld

A US appeals court has upheld the constitutionality of the Corporate Transparency Act, an anti-money laundering law, overturning a lower court’s decision that it was an unjustified use of Congressional power. 

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Jurors didn’t see evidence in Mexican’s US bribery trial until the end December 05, 2025 | Samuel Rubenfeld

The US corruption trial of Mexican businessman Ramon Alexandro Rovirosa Martinez featured no fact witnesses, which led the judge to block the government from introducing most of its evidence until their closing argument.

Fraud prosecutor could win out if latest plan to slash UK jury trials is realized November 26, 2025 | Martin Coyle

UK ambitions to remove juries from trials of all but the most serious cases have met sharp criticism from lawyers, but calls for judge-only trials are nothing new, and for complex fraud cases there has long be... (more story)

Will nuclear scandal harm Ukraine's bid to join global anti-corruption club? November 21, 2025 | Martin Coyle

A bribery scandal involving one of Ukraine's major energy companies comes at a time when the war-torn nation is attempting to improve its economic-crime record and preparing to join the OECD's Working Group on... (more story)

TD targeted its compliance efforts on innocent Chinese workers, US lawsuit says November 20, 2025 | Samuel Rubenfeld

As TD Bank cooperated with US authorities amid an investigation into suspected money laundering, the Canadian lender began to enforce its compliance program in a way that “intentionally targeted and disproport... (more story)

Millicom unit engaged in 'widespread' bribery in Guatemala, US alleges November 13, 2025 | Samuel Rubenfeld

Comunicaciones Celulares, the Millicom subsidiary that did business as TIGO Guatemala, reached a deferred prosecution agreement with US authorities and agreed to a $118 million penalty. The agreement, unsealed... (more story)

Deemed victims by US, betting platforms emerge as conduits in sports cases November 11, 2025 | Samuel Rubenfeld

When US authorities announced a massive illegal gambling bust in October that involved professional basketball players, officials said at a press conference that the sports betting companies that had processed... (more story)

JPMorgan compliance staff drafted anti-trafficking policies as bank kept Epstein October 31, 2025 | Samuel Rubenfeld

In 2010, as JP Morgan Chase retained convicted sex offender Jeffrey Epstein as a client, its anti-money laundering compliance team worked on a project to protect the bank from misuse by human traffickers. The ... (more story)

Cambodian ‘scam center’ crackdown's promise of closer US-UK action is unclear October 24, 2025 | Martin Coyle

The targeting of an alleged Cambodian scam factory by US and UK enforcers with sanctions measures can be seen a positive step in Anglo-American relations, but it’s unclear whether the action will herald a new ... (more story)