Tag Archives: laundering

New Requirements to Combat Money Laundering

Starting with the Panama Papers, a massive leak of confidential documents from a Panamanian law firm, much more light has been shed on the ways in which the rich and unscrupulous avoid government oversight of their assets. The Panama Papers—along … Continue reading

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Proposed Bill Enlists Art & Antiquities Dealers in the Fight Against Money Laundering

The U.S. House of Representatives will consider a bill that adds art and antiquities dealers to the Bank Secrecy Act (BSA). Introduced last Friday by Representative Luke Messer (R-IN-6), H.R. 5886 would aid law enforcement's effort to uncover money laundering … Continue reading

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Leon Vaccarelli Indicted 12 Counts of Fraud, Money Laundering

CT Advisor Leon Vaccarelli charged with defrauding investors of more than $1 million. According to federal law enforcement officials, Leon Vaccarelli, of Waterbury CT, has been indicted on 12 counts of fraud and money laundering related to an investment scheme … Continue reading

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Aegis Capital Pays $1.3 Million for Anti-Money Laundering Violations

Aegis Capital Pays $1.3 Million for Anti-Money Laundering Violations FINRA and the Securities Exchange Commission have fined Aegis Capital Corp., NY based Broker-Dealer, $550,000 and $750,000, respectively, in enforcement actions for Anti-Money Laundering (AML) Violations. FINRA Fines Aegis Capital Corp. $550,000 On … Continue reading

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Former Legal Tech Entrepreneur Federally Indicted for Wire Fraud and Money Laundering

Regular readers of this blog may remember that I have written a number of posts about Derek Bluford, a one-time rising star on the legal tech start-up scene whose star fell after I reported in 2016 of his settlement of … Continue reading

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