Tag: 2009
Lloyds Bank Fines $350M for Sanctions Bypassing Scam
Lloyds TSB Bank plc has copped to a massive $350 million penalty for violating the International Emergency Economic Powers Act. The U.K. behemoth is accused of facilitating illegal wire transfers worth over half-a-billion dollars, helping Iranian and Sudanese sanctions evaders bypass U.S. financial regulations. According to U.S. prosecutors, Lloyds falsified outgoing U.S. wire transfers from…
Lloyds Bank Hit with $350M Fine for Sanctions Bypassing Scam
Crime news has it that London-based Lloyds TSB Bank plc has copped to a massive $350 million fine for violating the International Emergency Economic Powers Act (IEEPA). The bank, accused of skirting sanctions against Iran, Sudan, and other nations, is set to fork over $175 million each to the U.S. and New York County District…
Lloyds Bank Hit with $350M Sanctions Evasion Fine
WASHINGTON D.C. – Lloyds TSB Bank Plc, a London-based financial institution, will cough up $350 million to settle charges it illegally funneled money for sanctioned countries, including Iran and Sudan. The scheme, which ran for over a decade, involved deliberately obscuring transaction details to bypass U.S. financial filters. Federal prosecutors and New York County officials…
Luna College Hit with Sex Harassment Lawsuit
Feds file explosive lawsuit against Luna Community College in New Mexico for failing to protect Charlene Ortiz-Cordova from sexual harassment by a supervisor. Ortiz-Cordova, a former employee, claims she faced months of unwanted advances and lewd comments that created an intolerable work environment. The college’s ex-president is accused of the harassment, which included physical contact…
College Prez Accused of Sex Harassment
LAS VEGAS, NM – A former Luna Community College employee is alleging a sustained campaign of sexual harassment perpetrated by the school’s now-former president. Federal prosecutors filed suit today in New Mexico’s U.S. District Court, outlining a pattern of unwanted physical contact, lewd gestures, and explicit comments directed at Charlene Ortiz-Cordova. According to the complaint,…
Luna College Accused of Sexual Harassment Scandal
New Mexico’s Luna Community College is in hot water after being hit with a sex harassment lawsuit by the Department of Justice. Former employee Charlene Ortiz-Cordova claims she was subjected to months of abuse by a supervisor, including unwanted physical contact and offensive comments. The DOJ alleges that Luna failed to take adequate action to…
Liberian Torturer Gets 97 Years
MIAMI, FL – Roy Belfast Jr., known on the streets as Chuckie Taylor, will spend the next 97 years behind bars for overseeing a reign of terror in Liberia. The son of former Liberian President Charles Taylor, Belfast was convicted last October of five counts of torture, conspiracy to torture, and related firearms charges stemming…
Feds Target $3M in Bribery Cash Linked to Bangladesh Deals
Feds have launched a major investigation targeting $3 million in suspected bribe proceeds linked to public work projects in Bangladesh. The funds are alleged to be part of a wide-ranging conspiracy involving foreign public officials and their families. Acting Assistant Attorney General Matthew Friedrich announced the forfeiture action against accounts in Singapore, which federal prosecutors…
Justice Dept. Targets $3M in Bribery Proceeds from Bangladesh Deals
Washington, D.C. – The Department of Justice (DOJ) is on the trail of nearly $3 million in alleged bribe money linked to corrupt dealings in Bangladesh. The funds are believed to be the result of a vast conspiracy involving public officials and their families. The DOJ has filed a forfeiture action against accounts holding the…
Bangladesh Bribe Money Flows to Singapore
WASHINGTON D.C. – Nearly $3 million allegedly soaked in bribes paid to Bangladeshi officials and their families is now in the crosshairs of federal prosecutors. The feds filed a forfeiture action targeting funds held in Singapore, tracing the cash back to a sprawling conspiracy involving public works projects and kickbacks. The money trail, laid bare…
