Search results
Results from the WOW.Com Content Network
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and treason, and converting the funds into a seemingly legitimate source, usually through a front organization.
Greatest amount of jail time given as a result of an appeal. Found guilty of crimes ranging from rape of an elderly woman in Tulsa County, Oklahoma to larceny, robbery and kidnapping, and sentenced to 2,250 years. He appealed, was reconvicted, re-sentenced and received an additional jail term of 9,500 years, later reduced by 500 years. [15] [13]
In his 2017 book The Chickenshit Club, ProPublica journalist Jesse Eisinger recounts how federal prosecutors sought jail time for executives of failed energy giant Enron and its accounting firm ...
Peoria man faces prison time after pleading guilty to bank fraud, money laundering ... Weiss faces up to 30 years in prison, $250,000 in fines and five years of supervised release on the bank ...
Sholam Weiss (born 1954) is an American convicted fraudster.. In 2000, Weiss was sentenced to 845 years in prison for racketeering, wire fraud, money laundering, and other charges in connection to the collapse of the National Heritage Life Insurance Company.
The US attorney’s office said a money laundering conspiracy charge carries up to 20 years in prison and and either a $500,000 fine or twice the amount laundered. CNN has reached out to TD Bank ...
SEATTLE (Reuters) -Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. money-laundering laws at the ...
On January 10, 2011, after a sentencing hearing, the judge sentenced DeLay to three years in prison on the charge of conspiring to launder corporate money into political donations. On the charge of money laundering, he was sentenced to five years in prison, but that was probated for 10 years, meaning DeLay would serve 10 years' probation.